Silver Shield Resources Corp.

Silver Shield Resources Corp.

November 14, 2006 09:15 ET

Silver Shield Resources Inc. Acquires Additional Silver/Cobalt Properties

TORONTO, ONTARIO--(CCNMatthews - Nov. 14, 2006) -

Tim D Towers Reports

Silver Shield Resources Inc. is pleased to announce it has signed 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" Area of Ontario.

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

The company has also made an entry into the historic South Lorrain Silver area of Ontario, with the acquisition of the Gore Claims. These claims cover a number of historic silver, cobalt and copper occurrences, as well as being strategically located along the Wettlaufer Fault. One of the claim groups is surrounded by mines that produced over 22 million ounces of silver. With 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.

These properties enhance the company's goal and objective of developing and mining small to mid size silver /cobalt deposits. Upon signing of a definitive agreement the company plans to review all data and develop exploration plans for the properties.

Contact Information

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