QUEBEC – Australian base metal miner South32 has elected not to pursue its interest in the Huckleberry copper-nickel-platinum group metals property, leaving would be partner Northern Shield Resources of Ottawa with sole ownership of the property 100 km north of Schefferville.
Brecciated norite boulder from the Huckleberry property in northern Quebec. (Image: Northern Shield Resources).
Northern Shield said South32 met all the phase one requirements to earn a 50% in the property. There are no longer any third party rights associated with it.
Northern Shield says it has identified has two areas in the Labrador Trough that deserve follow-up. The company is undertaking reconnaissance and due diligence on these targets. At the same time, it will begin exploration of the newly acquired Shot Rock gold property in Nova Scotia.
A description of the Huckleberry geology can be found at www.Northern-shield.com.