Northern Shield Resources Reports Up to 14.45% Copper, 16.21 G/t PGM and Gold, and 1.17% Nickel in Sample Results

Base Metals Investing

Northern Shield Resources (TSXV:NRN) provided results from sampling at its Huckleberry project in the Labrador Trough. Highlights included grades of up to 14.45 percent copper, 16.21 grams per tonne of combined platinum, palladium and gold, and 1.17 percent nickel.

Northern Shield Resources (TSXV:NRN) provided results from sampling at its Huckleberry project in the Labrador Trough. Highlights included grades of up to 14.45 percent copper, 16.21 grams per tonne of combined platinum, palladium and gold, and 1.17 percent nickel.
As quoted in the press release:

A total of 73 of the 111 samples from the Huckleberry property assayed greater than 0.3% Cu with an average grade of 1.01 % Cu from those 73 samples. Twelve samples assayed greater than 1% Cu. Northern Shield’s 100% owned Huckleberry project is being explored as a large-scale magmatic copper target associated with nickel and platinum group elements (PGE).
The program was designed to follow up on the discovery of Cu-(Ni-PGE) mineralization during a reconnaissance of the property in May 2015. (See press release dated June 11, 2015). At that time, Cu-Ni-PGE mineralization had been observed over a 950 meter strike length in the Western Zone including delineating continuous Cu-Ni-PGE mineralization in the Discovery Zone over a 200 meter strike length.

Northern Shield president and CEO, Ian Bliss, said:

Huckleberry is being explored as a large-scale (segregated) magmatic copper target with nickel and PGE credits and the results from the current program go a long way to confirming that potential. The Scheffervillearea is best known for its iron-ore deposits but the potential for large-scale magmatic Cu-(Ni-PGE) mineralization has largely being overlooked. With infrastructure in place nearby for the iron–ore mines, we believe that Huckleberry could form the cornerstone of such development.

Click here for the full press release.


 
The Conversation (2)
Roger Lagerfeldt
Roger Lagerfeldt
25 Nov, 2015
And platinumprice is still in free fall and looking at 800 usd level
Roger Lagerfeldt
Roger Lagerfeldt
25 Nov, 2015
And platinumprice is still in free fall and looking at 800 usd level
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