Northern Shield Resources Inc.
NSHRF
Other OTC0.02
USD
- -
- -
ISIN
CA6657203064
CUSIP
665720306
Return %
Stock
S&P500
1Y
-58.40
19.01
3Y
-45.26
65.48
5Y
-90.33
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Ian C. Bliss
- Full Time Employees
- 8
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 150 Elgin Street Ottawa ON Canada K1P 1L4
- IPO Date
- Aug 17, 2012
- Website
- northern-shield.com
- Similar Companies
- Business
- Northern Shield Resources Inc. (TSX-V: NRN, OTCQB: NSHRF) is a Canada-based junior mining exploration company focused on identifying, acquiring, and exploring mineral properties primarily in Eastern Canada. The company targets epithermal gold-silver-tellurium-copper systems and related porphyry deposits through its flagship Root & Cellar project in Newfoundland, which spans 16 mineral licenses covering approximately 203 square kilometers on the Burin Peninsula near Marystown and Creston; the Shot Rock Au-Ag property along the Trans-Canada Highway between New Glasgow and Antigonish, Nova Scotia; and the Idefix Ni-Cu-PGE property located 75 kilometers northwest of Kuujjuaq in Quebec's Nunavik region. Operations are conducted via its wholly-owned subsidiary, Seabourne Resources Inc., which specializes in epithermal gold and related deposits in Atlantic Canada, employing a model-driven grassroots exploration approach to generate high-quality targets for Tier 1 assets. Founded in 2000 and headquartered in Ottawa, Ontario, the company previously emphasized platinum group elements and nickel-copper-PGE magmatic deposits in northern Ontario, Quebec's Labrador Trough, and Greenland before shifting focus to accessible, underexplored gold systems in the Maritimes since 2018. In recent developments, Northern Shield earned a 100% interest in the Root & Cellar gold-silver-tellurium and copper porphyry project in July 2023 after optioning it from a local prospector. The company completed an oversubscribed non-brokered private placement in November 2025, upsized from an initial $1.1 million to $1.16 million with closure of the first tranche for $835,000 in October 2025 to fund ongoing diamond drilling and working capital. Earlier in 2025, Northern Shield executed a 3,000-meter drilling program at Root & Cellar starting in June, intersecting ginguro-banded quartz veins, and provided updates in September and October on advancing the large epithermal Au-Ag-Te and porphyry Cu-Mo-Au-Te system, including high-grade trenching results such as 78.5 g/t Au with visible gold from 2024 efforts. These activities reflect a strategic emphasis on aggressive exploration advancement at Root & Cellar, which features five gold zones over a six-kilometer strike length.