This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

Shield Gold Completes 2010 Field Exploration Program

TORONTO, Oct. 26, 2010 (GLOBE NEWSWIRE) -- 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

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,828.65 +13.71 0.08%
S&P 500 2,072.02 +4.99 0.24%
NASDAQ 4,783.4110 +25.1590 0.53%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs