Press Release - June 12, 2007

NORTHERN SHIELD RESOURCES INC.
NRN: TSX-V

Northern Shield Resources Commences Third Drill Program at Highbank Lake

Ottawa, Ontario (June 12, 2007 - TSX:V-NRN) – Northern Shield Resources Inc. ("Northern Shield") is pleased to announce that a field crew has been mobilized to the its Highbank Lake PGE property in northern Ontario to commence a 3,000 meter diamond drill program. The program is being funded by Impala Platinum Holdings Limited in accordance with Northern Shield’s option agreement with Impala.

The 3,000 meter diamond drill program, to be conducted by Boart Longyear Inc., is the largest drill program to be conducted by Northern Shield at Highbank Lake to date. The planned holes will test the Northern Shield’s new understanding of the geometry of the intrusion, specifically targeting the ultramafic sequence and the transition zone from mafic to ultramafic rocks, where PGE and chromite reefs are typically hosted. “I am very much looking forward to this drill program. We have gained a lot of information and direction from the previous two drill programs and we will be now focussing on certain prospective layers”, stated Ian Bliss, Northern Shield’s President.

Drilling operations will be monitored by Christine Vaillancourt, Northern Shield’s Chief Geologist and the Qualified Person under National Instrument 43-101.

The Highbank Lake property covers a recently discovered layered intrusion, which extends for approximately 500 square kilometers, and is being explored for reef-hosted PGE and chromium, and contact-type PGE mineralization. Impala Platinum Holdings Limited of South Africa, the world’s second largest platinum producer, entered into an option agreement with Northern Shield pursuant to which Impala has the option of incrementally earning a 60% interest in the PGE and PGE by-products of the property by incurring $5 million in exploration expenditures on the property within five years. Impala has already earned a 20% interest in the Highbank Lake project by incurring $1 million of exploration expenditures.

Northern Shield is an innovative, results-driven Canadian company focused on PGE exploration. Its mission is to create a successful mineral exploration company through technical excellence and efficient management, where success is measured by the identification and development of high-quality mineral exploration projects, which may ultimately be optioned, sold or developed for optimal benefit. For further information on Northern Shield and its properties, please visit Northern Shield's website at www.northern-shield.com.

For further information please contact:

Northern Shield Resources Inc.
Ian Bliss
President and CEO
Tel.: (613) 232-0459
Fax: (613) 232-0760
info@northern-shield.com

THE TSX VENTURE EXCHANGE HAS NEITHER APPROVED NOR DISPROVED THE CONTENTS OF THIS PRESS RELEASE

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