10:21 AM EDT, 06/18/2025 (MT Newswires) -- Northern Shield Resources ( NSHRF ) , trading shy of 52 week highs, on Wednesday started diamond drilling at its 100% owned Root & Cellar property, located on the Burin Peninsula in southeastern Newfoundland.

The company said 8 to 10 drill holes, totalling up to 3,000 metres, are planned, with the drilling focussed on gold-tellurium-silver mineralization in the southern Conquest Zone and one or two holes to test a copper porphyry target in the central Conquest area.

"It is unusual to see significant gold mineralization at the sinter level, and the visible gold found in the 2023 drilling and trenching programs, bodes well for what may exist at greater depth in the boiling zone where higher grades, characteristic of low-sulphidation systems, are expected," said Northern Shield Chief Executive Ian Bliss. "3D modelling of the magnetic low underlying the Conquest Zone shows a compelling visualization of the epithermal system, with the sinter coinciding with the top of a "branch" that extends to approximately 800 m depth."

Shares of the company were last seen unchanged at $0.12 on the TSX Venture Exchange, shy of a 52 week high $0.13.