Shield Gold Initiates 2011 Exploration Program

TORONTO, July 12, 2011 /CNW/ -- 
TSX Venture Exchange Symbol: SHG


TORONTO, July 12, 2011 /CNW/ - Shield Gold Inc. ("Shield" or the
 "Company") is pleased to report that its 2011 exploration program on
 the Summit-Gaber and La Grande Nord properties is underway. The
 contiguous Summit-Gaber and Gaber claims of La Grande Nord are located
 in the La Grande Greenstone Belt in the James Bay region of Québec and
 exhibit numerous polymetallic showings, with significant results for
 gold, silver, platinum, palladium, copper, nickel and cobalt.


Shield's 2011 exploration program follows the reconnaissance B-horizon
 geochemical survey conducted in 2010, during which priority geochemical
 soil anomalies were identified as targets for further exploration. The
 February 2011 report "B-horizon Pedogeochemical Survey, Summit-Gaber
 Project, James Bay, Québec", by Dr. Rémi Charbonneau of Inlandsis
 Consultants, is available on the Company website: http://www.shieldgold.com/uploads/Summit-Gaber-Bhorizon.pdf .


The 2011 exploration program is being conducted under the direction of
 Jean-Pierre Bérubé, P.Eng., Senior Geologist for MRB & Associates of
 Val-d'Or, Québec. Key elements of this year's program include:


    --  50 km of line-cutting, to refresh old grid lines and cut new
        lines

    --  Field investigation of all 18 new geochemical anomalies
        identified in 2010

    --  Mechanical stripping, detailed mapping and channel sampling of
        the areas covered by the Cartouche and Summit 4 showings

    --  Ground geophysical surveys over selected areas, including
        magnetometer (Mag), electro-magnetic (EM) and induced
        polarization (IP).



A detailed map showing the locations of grid lines, the 18 target
 anomalies and the proposed geophysical survey lines is available on
 Shield Gold's website at: http://www.shieldgold.com/uploads/SHG-PropWk2011.pdf .


Howard Sinclair-Jones, President and CEO of Shield Gold notes that: "The purpose of this year's exploration program is to expand the scope and geographic area of
 the numerous prospective targets at Summit-Gaber. We'll be doing geophysical
 surveying (Mag, EM, IP) in the locations of the priority geochemical soil anomalies identified last
 year, in order to detect conductive sulphide bodies at bedrock.At the same time, we intend to do
 detailed surface exploration and mapping to get a better understanding of the geology of the Cartouche and Summit 4 occurrences,
 which exhibit numerous high-grade showings, including historical samples grading as
 high as 35 grams per tonne (gpt) of gold, 14% copper, 1500 gpt silver and 25 gpt combined
 platinum/palladium. 


Summit-Gaber is a complex polymetallic environment. But the presence of
 native silver and the recommendations of prior studies continue to suggest to us that both VMS
 and Ni-Co-Ag arsenide mineralization be used as guidelines for future exploration --
 and that this mineralization is possibly analogous to the silver-rich deposits in the Cobalt mining
 camp of northeastern Ontario."


About Shield Gold Inc.: Shield Gold is a junior exploration company whose mission is the
 discovery and development of high quality precious and base metal
 resources. The Company has entered into option and joint venture
 agreements with Eloro Resources Inc. on the Summit-Gaber property and
 with Virginia Mines Inc. on the La Grande Nord property. The contiguous
 properties are located in the La Grande Greenstone Belt in the James
 Bay region of Québec.


Neither TSX Venture Exchange nor its Regulation Services Provider (as
 that term is defined in policies of the TSX Venture Exchange) accepts responsibility
 for the adequacy or accuracy of this release.


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p Howard Sinclair-Jones, Presidentbr/ Tel.: [phone]br/ Email: a href="mailto:[e-mail]"[e-mail]/abr/ Website: a href="http://www.shieldgold.com"http://www.shieldgold.com/a /p 

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