Latest Northern Shield Res (NSHRF) Headlines
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Northern Shield Identifies New VMS Targets at Storm; Exploration to Commence at Wabassi
CNW Group - Thu Feb 28, 8:47AM CST
Northern Shield Resources Inc. ("Northern Shield") [TSXV: NRN] is pleased to announce an update on exploration at Wabassi and Monsoon including the resuming of exploration at Wabassi and the newly identified VMS targets on the Monsoon Property, the westernmost property of Northern Shield's Storm Claim Group.
Northern Shield Obtains Right to Earn 50% Interest in the Ikertoq Nickel Project in West Greenland
CNW Group - Tue Feb 26, 10:04AM CST
Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) is pleased to announce that it has signed a binding Letter Agreement with Greenland Gold Resources Ltd., ("Greenland Gold") whereby Northern Shield has the option to earn a 50% interest in the Ikertoq nickel project (the "Project") in west Greenland. To earn a 50% interest, Northern Shield must incur €1,000,000 ($CDN 1,350,000) within 12 months of signing the definitive Option and Joint Venture Agreement and a further €1,750,000 ($CDN 2,400,000) of exploration expenditures on the project within 3 years of signing. The first year's exploration must include a minimum of 1,250 metres of diamond drilling. When Northern Shield earns a 50% interest, the project will be explored by Northern Shield and Greenland Gold under a 50/50 joint venture. Northern Shield will be the Operator of the Project.