Northern Shield Increases Land Position to 420 km2 Covering Multiple Porphyry Copper & Epithermal Gold Targets In Newfoundland

Northern Shield Resources has executed a significant strategic expansion in Newfoundland, increasing its land position by more than 13-fold from 32 km2 to 420 km2 through a combination of map staking, option agreements, and direct property purchases. The expansion was formalized through definitive agreements with arm's length parties executed on February 18, 2026, demonstrating the company's commitment to building a substantial exploration platform in the region.

The land package centers around Northern Shield's flagship Root & Cellar Gold-Silver-Tellurium-Copper Property on the Burin Peninsula in southeastern Newfoundland. Recent exploration work at Root & Cellar has identified what appears to be a large diatreme/porphyry-hosted polymetallic system containing copper, gold, silver, tellurium, and molybdenum mineralization. This discovery provided the geological rationale for the aggressive land acquisition strategy in the broader Avalon Zone of eastern Newfoundland.

The expanded land position now covers multiple porphyry copper and epithermal gold targets across the region, positioning Northern Shield to capitalize on what could be a significant mineral district. The Avalon Zone has historically been underexplored relative to other parts of Newfoundland, making this consolidation play particularly strategic. The company's ability to secure such a large contiguous land package suggests strong local relationships and a clear vision for systematic exploration across multiple prospect types.

This land acquisition represents a material shift in Northern Shield's exploration strategy, moving from a focused single-property approach to a district-scale play. The presence of both porphyry copper and epithermal gold targets within the expanded land package provides multiple vectors for discovery and value creation. With 420 km2 now under control, Northern Shield has created a substantial exploration platform that should provide drilling targets for multiple field seasons and position the company as a dominant land holder in this emerging area of Newfoundland.