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Northern Shield Resources Samples 10.6 Percent Copper, 16.9 G/t Platinum, Palladium and Gold From Huckleberry Outcrop

Teresa Matich
Jun. 12, 2015 10:09AM PST
Base Metals Investing

Northern Shield Resources (TSXV:NRN) provided results from reconnaissance-level grab sampling at its Huckleberry project in the southern Labrador trough in quebec. Results included grades of up to 10.6 percent copper, 16.9 grams per tonne platinum, palladium and gold.

Northern Shield Resources (TSXV:NRN) provided results from reconnaissance-level grab sampling at its Huckleberry project in the southern Labrador trough in quebec. Results included grades of up to 10.6 percent copper, 16.9 grams per tonne platinum, palladium and gold.

As quoted in the press release:

The mineralization is hosted in four different geological formations, all within close proximity to one another. Northern Shield’s 100% owned Huckleberry project is being explored as a large-scale magmatic copper target with nickel and platinum group elements (PGE) credits.

The four mineralized zones, visually observed, from top to bottom are: an upper glomeroporphyritic gabbro (GPG), a vari-textured olivine melagabbro, a lower GPG and finally, the mineralized metasedimentary country rock.

Most of the mineralization observed at Huckleberry to date is hosted in the lower GPG. Eighteen samples collected from this zone average 1.55% Cu, 0.15% Ni and 1.44 g/t Pt+Pd+Au with a high of 10.6% Cu, 0.42% Ni and 16.9 g/t Pt+Pd+Au. The samples cover a strike length of 950 meters. Immediately overlying the lower GPG is a layer of medium- to coarse-grained, vari-textured olivine melagabbro. Two samples from this zone assayed 0.62% Cu, 0.27% Ni and 0.39 g/t Pt+Pd+Au and 0.95% Cu, 0.31% Ni and 0.67 g/t Pt+Pd+Au. The sulphide mineralization consists of fine to coarse-grained, pristine interstitial and net-textured chalcopyrite and pyrrhotite. The width and extent of the olivine melagabbro layer is unknown. Approximately 50 meters above the olivine melagabbro, mineralization was observed in the upper GPG. A single sample from this area assayed 0.82% Cu, 0.04% Ni and 0.89 g/t Pt+Pd+Au. Replacement-style copper mineralization was also discovered in portions of the metasedimentary country rock which hosts the intrusion. A single sample from one such location assayed 1.6% Cu and 0.97 g/t Pt+Pd+Au.

Northern Shield president and CEO Ian Bliss said:

We are remarkably encouraged and optimistic with what our geologist uncovered in just a day and a half on the property. Our geologic studies and modelling over the winter suggested that there is a lot more to this target than we first thought and results are now beginning to support that. We not only see extensive copper mineralization, but we see it in three or four geological settings. Such features are generally indicative of large systems. The very high PGE values are also an indication of a segregated magmatic copper system. There are also numerous other mineralized zones that were spotted during a helicopter reconnaissance of the property that have yet to be sampled.

Click here to read the Northern Shield Resources (TSXV:NRN) press release

labrador trough tsxv:nrn northern shield resources
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