Press Release - November 7th, 2007

NORTHERN SHIELD RESOURCES INC.
NRN: TSX-V

Northern Shield Resources Identifies and Stakes Vast Layered Intrusion Target in James Bay Lowlands

Ottawa (November 7, 2007) - Northern Shield Resources Inc. ("Northern Shield") (TSX-V: NRN) is pleased to announce that it has identified and staked what management believes to be a vast layered intrusive complex in the James Bay Lowlands of northern Ontario. The property, which is owned 100% by Northern Shield, currently covers an area of 700 square kilometres and staking continues.

The target is approximately 1000 square kilometres and is located immediately adjacent to the Highbank Lake intrusion, which is being explored by Northern Shield and Impala Platinum Holdings Ltd. for reef-hosted PGEs. Identification of this possible layered intrusion called “Eastbank” by Northern Shield is based on management’s interpretation of the regional magnetics and understanding of the regional structure. The magnetic bands of the new target appear to merge with the layered intrusion at Highbank Lake suggesting that the area may be underlain by a very large layered intrusive complex composed of two lobes: the Highbank Lobe and the Eastbank Lobe (the new property), which combine to cover an area over 1,500 square kilometres. The fold pattern and magnetic signature suggest that the Eastbank lobe is likely dominated by mafic-ultramafic rocks that commonly compose the lower stratigraphy of a layered intrusion which are ideal targets for reef hosted PGE-(Cr) and Ni-Cu-PGE deposits. (See Northern Shield’s website for images of the target).

Northern Shield has also staked two distinct magnetic anomalies on the fringe of Eastbank that have been interpreted as possible ultramafic bodies with potential to host Ni-Cu-(PGE) massive sulphides.

According to geological maps of the area, the Eastbank Target is covered in most part, if not completely, by a thin layer of Paleozoic rocks (limestone, sandstone), estimated to be about 75 meters thick. Both Highbank Lake and the Eastbank target are located along a major terrain boundary that forms the southern limit of the Oxford-Stull Geological terrain. This terrain hosts an unusually high number of mafic-ultramafic intrusions that are very fertile in PGEs including Big Trout Lake, Lansdowne House, Eagle-One (Noront Resources Ltd.) and Highbank Lake. Following on the encouraging drill results from the 2007 drill program at Highbank Lake, Northern Shield is looking forward to continue its aggressive exploration of the Highbank Lake Intrusion and the Eastbank property.

Northern Shield is planning a winter exploration program at Eastbank including an airborne geophysical program at the earliest opportunity.

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

Forward-Looking Statements Advisory

This news release contains statements concerning the potential for PGE and other mineralization at Eastbank, Highbank Lake and the Oxford-Stull Terrain, exploration plans for Eastbank, geological, geophysical and/or geometrical analyses of Eastbank and its similarities to the Bushveld Complex and other expectations, plans, goals, objectives, assumptions, information or statements about future events, conditions, results of exploration or performance that may constitute forward-looking statements or information under applicable securities legislation. Such forward-looking statements or information are based on a number of assumptions which may prove to be incorrect.

Although Northern Shield believes that the expectations reflected in such forward-looking statements or information are reasonable, undue reliance should not be placed on forward-looking statements because Northern Shield can give no assurance that such expectations will prove to be correct. Forward-looking statements or information are based on current expectations, estimates and projections that involve a number of risks and uncertainties which could cause actual results to differ materially from those anticipated by Northern Shield and described in the forward-looking statements or information These risks and uncertainties include, but are not limited to, geological, geometrical and geophysical interpretation and analysis, the ability of Northern Shield to obtain equipment, supplies and qualified personnel necessary to carry on further exploration at Highbank Lake and the general risks and uncertainties involved in mineral exploration.

The forward-looking statements or information contained in this news release are made as of the date hereof and Northern Shield undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.

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

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