Northern Shield and Discovery Harbour Announce Significant Copper-Zinc and, New Shear Hosted Gold Mineralization Intersections at Wabassi, N.W. Ontario

Ottawa (August 22, 2012) – Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) and its partner Discovery Harbour Resources Corp. (“Discovery Harbour”) are very pleased to announce the results of the 12-hole drill program completed at Wabassi in July. Results include the intersection of 37.75% zinc over 1.9 meters and over 95 meters of stringer copper mineralization at Anomaly E, and the intersection of 16.3 g/t gold in the A1 Zone. The drilling is clearly beginning to define a significant copper-zinc VMS body at Anomaly E and reinforce the potential of other targets of the Wabassi and Tempest properties to also host copper, zinc and silver mineralization. It also confirms the potential for lode gold mineralization within the greenstone belt.