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northern shield resources in (NRN) Snapshot

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Previous Close
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52 Week High
02/28/14 - C$0.05
52 Week Low
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Market Cap
3.8M
Average Volume 10 Days
56.1K
EPS TTM
C$-0.04
Shares Outstanding
152.6M
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northern shield resources in (NRN) Details

Northern Shield Resources Inc., a junior mining company, identifies, acquires, explores, and develops mineral properties in Canada and Greenland. It explores for platinum group element and associated metals, including copper, zinc, silver, nickel, diamonds, gold, chromium, Goofinium, and vanadium deposits. The company’s principal properties include the Highbank Lake property that covers an area of 252 square kilometers in northern Ontario; the Wabassi property, which covers an area of 351 square kilometers and is located in north-western Ontario; and the Max property that covers an area of 98 square kilometers in northwestern Ontario. Its principal properties also include Lac d’Argent property that covers an area of 2,925 hectares in Quebec; Storm property, which covers an area of 236 square kilometers and in northwestern Ontario; and Idefix property that covers an area of 13.6 square kilometers in Quebec. The company was founded in 1999 and is headquartered in Ottawa, Canada.

Founded in 1999

northern shield resources in (NRN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$175.6K
Chief Financial Officer
Total Annual Compensation: C$144.5K
Compensation as of Fiscal Year 2013.

northern shield resources in (NRN) Key Developments

Northern Shield Resources Inc. Presents at Vancouver Resource Investment Conference, Jan-18-2015 02:40 PM

Northern Shield Resources Inc. Presents at Vancouver Resource Investment Conference, Jan-18-2015 02:40 PM. Venue: Vancouver Convention Center, 1055 Canada place, Vancouver, British Columbia, Canada.

Northern Shield Resources Inc. Announces Partial Results from Exploration and Reconnaissance on Several of its 100% Owned Labrador Trough Projects

Northern Shield Resources Inc. announced partial results from exploration and reconnaissance on several of its 100% owned Labrador Trough projects. The most significant samples, for which results are available, assayed 11.1 g/t 3E (3E = 4.6 g/t Pt, 3.8 g/t Pd, 2.7g/t Au) and 0.92% Cu and 2.8 g/t 3E (1.3 g/t Pt, 1.1 g/t Pd, 0.4 g/t Au) and 0.26% Cu. The samples were collected proximal to the Eastern Showing at Idefix which was newly identified late last year. The Eastern Showing is characterized by being richer in Pt than Pd, in contrast to the Idefix Reef and mineralization at La Colline where Pd:Pt ratios are typically 3:1. Assays are still pending for 160 of the 196 samples collected from the Idefix and Brian properties in the northern Labrador Trough. The company staked a new property (Huckleberry) in the southern Labrador Trough based on its potential to host Cu-(Ni)-PGE mineralization. Three samples from a gossanous outcrop measuring approximately 40 x 50 metres and located at the contact between an olivine gabbro and porphyritic gabbro assayed 1.3% Cu and 0.54 g/t Pt+Pd, 1.2% Cu and 0.59 g/t Pt+Pd and 0.6% Cu and 0.45 g/t 2PGE. Four lake sediment samples from regional government surveys located 1-3 kilometres along strike to the south, are highly anomalous (98(th) percentile) in copper. The mineralization is also centered on a 3 kilometer long conductive zone identified in a regional government airborne survey. The exploration programs were overseen by Christine Vaillancourt, a Qualified Person under National Instrument 43-101. Samples are being prepared by ALS Global in Val D'Or, Quebec and then analyzed by ALS Global in Vancouver, BC, for Au, Pt and Pd by Fire Assay with ICP-AES finish and base metals by four acid digestion and ICP-AES. Northern Shield Resources Inc. is a Canadian-based mineral exploration company built around its platinum group element (PGE) expertise which forms the basis of its exploration in eastern Canada.

Northern Shield Eyes Acquisitions

Northern Shield Resources Inc. (TSXV:NRN) is looking for acquisition opportunities. Northern Shield has sold its remaining interest in the Wabassi property. It intends to use the proceeds of the sale will be used for general and administrative purposes and for ongoing exploration on Northern Shield's current PGE projects in Quebec and further acquisition of PGE projects.

 

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