Shield Mining Limited (SHX : ASX) is an Africa-focused gold and base metals explorer listed on the Australian Stock Exchange.

Shield currently holds nine licences which cover a total area of 12,106km² in Mauritania. 

The flagship project is the Tijirit licencewhich hosts 5 drill ready targets each of 1-2.5 km strike length.These prospects are 35km SW of the Tasiast Gold Mine(producing 230,000 oz/annum) and have similar geology and characteristics.Drilling commenced in mid-April on some of these targets.

Shield also has a joint venture agreement on Saboussiri, a copper/gold property in southern Mauritania for which it is the manager.Following an aerial geophysics program, Shield now has a drill ready copper target on this property.

Corporate Presentation - June 2009

 View the latest Corporate Presentation here(pdf 3.3mB)

HEADLINE NEWS

15th May, 2009

Results from the drilling programme of 3275 metres completed at Tijirit are now avaiable. 

The highest grade intersections include:

-          6 metres @ 17.63 g/t Au (from 10m to 16m depth in ERC4)

-          6 metres @ 10.47 g/t Au (from 16m to 22m depth in SRC10)

-          2 metres @ 24.90 g/t Au (from 56m to 58m depth in SRC24)