Northern Shield Resources (TSX-V: NRN) is advancing the Root & Cellar Project in southeastern Newfoundland. In this company introduction, Ian Bliss, President and CEO provides a history of the asset and 2026 plans.
Project Overview: Root & Cellar- Location: Burin Peninsula, Newfoundland. Highly accessible via road and near a deep-water port.
- Geological Context: The property hosts five gold zones over a 6 km strike length and a 2 km diameter copper-molybdenum anomaly.
- Conquest Zone (Gold-Silver-Tellurium):
- Recent drilling intersected quartz veins - e.g., 4.35m @ 3.4 g/t Au.
- Strong association with Tellurium (grades up to 700 g/t), a critical metal and indicator of large-scale systems.
- Creston Target (Copper-Molybdenum-Gold):
- Surface exposed porphyry target with grades up to 10.5% Cu in grab samples.
- Current quarrying on-site has exposed new mineralization.
- Drilling: 5,000+ meter program planned for 2026, split between the Creston copper and Conquest gold targets.
- Geophysical Focus: High-resolution surveys in early Q1 2026 to refine deep-seated porphyry targets.
- Strategic Funding: Fully funded for 2026 work following a C$1 million investment from Labrador Gold (TSX-V: LAB).
- Low-Cost Advantage: Drilling costs are approximately $200/meter due to local infrastructure and road access.
Click here to visit the Northern Shield Resources website.
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Investment disclaimer: This content is for informational and educational purposes only and does not constitute investment advice, an offer, or a solicitation to buy or sell any security. Investing in equities and commodities involves risk, including the possible loss of principal. Do your own research and consult a licensed financial advisor before making any investment decisions. Guests and hosts may own shares in companies mentioned.
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