Shield Gold Completes 2010 Field Exploration Program
26 Octobre 2010 - 3:00PM
Shield Gold Inc. ("
Shield" or the
"
Company") (TSX-V:SHG) is pleased to report that
the field work for its 2010 exploration program on the Summit-Gaber
and Gaber properties has been completed. The main focus of the 2010
exploration program was a reconnaissance B-horizon soil geochemical
survey, as recommended in the National Instrument (NI)
43-101-compliant Technical Report on the Summit-Gaber property,
prepared by Jean-Pierre Berube, P.Eng. of MRB & Associates in
September 2009.
The program is being conducted under the
supervision of Remi Charbonneau of Inlandsis Consultants. Dr.
Charbonneau is a specialist in the planning and interpretation of
till and B-horizon surveys in the James Bay area. He has worked
with junior and senior exploration companies, including Virginia
Gold Mines and Opinaca Mines, Goldcorp's subsidiary in Quebec.
Goldcorp acquired the Eleonore gold property from Virginia in 2006
and incorporated Opinaca as its operating company for the Eleonore
project.
At Summit-Gaber and Gaber, a total of 984 B-horizon
samples have been taken, covering some 20 square kilometers of the
properties. A detailed compilation map including historical mineral
showings and the locations of the B-horizon samples is available on
the Company's website at
http://www.shieldgold.com/uploads/Summit_Gaber_-_Compilation_Map_MAP2_V1.2.pdf.
All samples have been delivered for analysis by ALS Chemex of
Val-d'Or, Quebec. Results are expected to be submitted to Dr.
Charbonneau in November.
Shield Gold has entered into option and
joint-venture agreements with Eloro Resources Inc. on the
Summit-Gaber property and Virginia Mines Inc. on the Gaber claims.
The contiguous properties are located in the La Grande Greenstone
Belt in the James Bay region of Quebec.
About Shield Gold
Inc.: Shield Gold is a junior exploration company
whose mission is the discovery and development of high quality
precious and base metal resources. Shield's exploration work is
currently focussed on the La Grande Greenstone Belt in northern
Quebec.
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of
this release.
CONTACT: Shield Gold Inc.
Howard Sinclair-Jones, President
416-654-1408
hsj@shieldgold.com
http://www.shieldgold.com
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