Northern Shield Resources Inc V.NRN

Alternate Symbol(s): NSHRF

Metals & Mining Industrial Metals & Minerals

Northern Shield Resources Inc. is a Canada-based mineral exploration company. The Company is engaged in the business of identifying, acquiring, and exploring mineral properties located primarily in Eastern Canada. It is focused on exploring platinum group element (PGE) and Noril'sk style nickel-copper-PGE deposits in under-explored regions of Canada, primarily in the Labrador Trough of Northern Quebec. Its properties include Root & Cellar (Au-Ag, Cu); Zuleika (Au-Ag (Ni)); Shot Rock (AU-AG); Idefix (Ni-Cu-PGE) and Huckleberry (Ni-Cu-PGE). The Root & Cellar property is located near Marystown and Creston on the Burin Peninsula. The Zuleika property consists of six mineral licenses covering approximately 123 square kilometers (km2) 30 km west of Clarenville in east-central Newfoundland. The Shot Rock property is composed of approximately 35 mining licenses. The Idefix property is located 75 km northwest of the Community of Kuujjuaq, in the Nunavik region of the province of Quebec.

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Northern Shield Resources Inc > More holes = more lottery tickets

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Comment by ckwongon Apr 11, 2022 2:28pm

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Post# 34594469

RE:RE:More holes = more lottery tickets

Quote from Feb 22 news release:

“The next phase of exploration will focus on the cluster of numerous small near surface IP anomalies in the Conquest Zone with the objective of seeing if the potential exists for a near surface resource as we test the “Z” anomalies at depth. Although we would have liked to have seen similar grades in drill-core to what we have on surface, we do see a very strong correlation to anomalous gold mineralization and the refined IP targets; we believe we need to re-orient the drill holes to account for the N-S trending targets, which are now the focus. We must also keep in mind that we know from surface work (and drilling) that the transition from unmineralized to mineralized rock is very sharp and, for example a 25 ppb Au sample can be metres away from a multiple grams per tonne gold occurrence.”

ckwong wrote: Sounds like you know a few things about mining.

I heard some drilling stories in the old time when they didn't have these high tech tools. Many missed the mother lode because they drilled between two veins. Ian mentions something like that in last drilling results. From the high tech map, they will drill the red area next time where the concentration could be higher.

Good luck to all.

Makeithappen799 wrote:
The Hemlo gold discovery took 75 unsuccessful drill holes before striking it rich. We have a few more to go to match that, stay in the game if you have amazing patience. There is literally nothing else to say, they simply will drill again at some point and will find what they're looking for, maybe next round, or on the 5th after this, time will tell.