Northern Shield Announces Drilling Completed at Wabassi Property, Northern Ontario / Surface Sampling Underway at Idefix Ni-Cu-PGE property, Northern Quebec

Ottawa, Ontario (August 2, 2012) - Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) and Discovery Harbour Resource Corp. (“Discovery Harbour”) are pleased to announce that drilling has been completed on the Wabassi Property in northern Ontario. Twelve drill-holes, totaling 2046 meters were completed on seven different targets. Assays are pending from 668 core samples taken during the drill program.