Northern Shield Resources Inc. announce that sixteen rock samples collected late last season in the Conquest Zone at Root & Cellar ("Root & Cellar" or the "Project") have returned anomalous to significant gold grades. Root & Cellar is located on the Burin Peninsula in southeastern Newfoundland. Northern Shield can earn up to a 100% interest in the Project, which is being explored for epithermal gold-silver and porphyry-copper type mineralization.

The highest grade sample, which assayed 31 g/t Au, was collected from the eastern end of the Conquest Zone and contained visible gold. This is the third occurrence of visible gold in the Conquest Zone. Four other samples collected nearby during the same program assayed 0.24, 0.9, 2.5 and 5.7 g/t Au.

All but one of these samples are from large angular boulders. Approximately 20 metres west of the high-grade sample, a less intensely altered version of the same rock containing the visible gold was observed in a north-south trending sub-crop along a road cut which assayed 0.24 g/t Au. Drill-hole 21RC-06 from the 2021 drilling program is located 30 metres east of the sub-crop and was drilled parallel to these newly identified north-south trending mineralized structures.

The sub-crop and drill-hole 21RC-06 are now believed to represent the western and eastern edge of a north-south trending mineralized structure. Planned trenching will expose the area between these two points with the objective of locating the source of the two visible gold boulders found nearby. Sampling also successfully tested two IP targets believed to represent the uppermost levels of the feeder structures.

One of these targets is located 300 meters north along strike from the sample with visible gold described above and is likely the continuation of the same structure. Five samples from these two IP targets assayed between 0.05 and 0.56 g/t Au.