Silver Shield Resources Corp.

Silver Shield Resources Corp.

January 25, 2007 12:35 ET

Silver Shield Resources Inc. Completes Option Agreements

TORONTO, ONTARIO--(CCNMatthews - Jan. 25, 2007) -

Tim D Towers Reports

Silver Shield Resources Inc. is pleased to announced it has finalized agreements on previously announced letters of intent to acquire, under option, two additional silver/cobalt properties in Ontario.

These two properties add to the companies Welsh Silver Mine property and it's Wilder /Duggan Property located in Elk Lake Ontario in the prolific Silver Highway of Ontario.

The Morris Property is located in James Township southeast of Elk Lake .The property covers an expanse of Nippissing Gabro which contains the historic McKenzie and Master Stein occurrences where a number of undeveloped veins remain to be explored and developed as well as old shafts.

The Gore Properties are in the South Lorrain Silver Area and are strategically located along the Wettlaufer Fault covering historic silver, cobalt and copper occurrences. One of these claim groups is surrounded on three sides by mines that formerly produced over 22 million ounces of silver. These mines are the former Wettlaufer Mine to the south, the former Keeley Mine to the west and the former Frontier Mine to the northwest and the former Harris Mine to the north.

The company believes these properties enhance the company's goal and objective of developing and mining small to mid size silver /cobalt deposits.

The company plans to carry out summer exploration programs of trenching, sampling and mapping of the properties to identify drill targets.

About Silver Shield Resources Inc.

Silver Shield Resources Inc. is a private company dedicated to the development, and bringing to production, small to medium size deposits. It's main initial scope is in the Elk Lake/ Gowganda/Cobalt areas of Ontario. The company believes this prolific area is still host to large untapped silver/gold/copper/cobalt resources that can be brought to production.

Contact Information

  • Silver Shield Resources Inc.
    Tim D Towers
    (905) 319-3033
    (905) 319-2997 (FAX)
    Silver Shield Resources Inc.
    Ray Lashbrook
    Vice President Exploration
    (905) 319-3033
    (905) 319-2997 (FAX)