Canadian Shield Resources Ltd. (TSX VENTURE: EXP) ("Canadian Shield" or the "Company"), a precious metals exploration and development company, is pleased to announce it has retained First Canadian Capital Corp. ("First Canadian") as a consultant to provide strategic marketing and investor relation services.

First Canadian will introduce the Company to private investors, analysts, brokers, money managers and other financial professionals, and will generate market awareness for Canadian Shield as the Company advances its portfolio of projects in Peru and Chile.

Under the terms of the agreement, Canadian Shield will pay First Canadian $5,000 per month for a twelve month initial term and grant 200,000 stock options (the "Stock Options") with a two year expiry. The Stock Options will vest according to the Company's stock option plan in stages over 18 months from the date of grant with 1/6 of the Stock Options vesting at the end of every 3 month period. The first 66,666 Stock Options to vest are exercisable at $0.60 per share, the second 66,666 Stock Options to vest are exercisable at $0.80 per share and the final 66,668 are exercisable at $1.00 per share.

Keith Laskowski, President of Canadian Shield commented, "We are pleased to have First Canadian work with us to increase the exposure of Canadian Shield to the financial markets and also increase awareness of our exploration activities and programs in Peru. We chose First Canadian based on their professional standards and their track record of assisting other resource companies with effective investor relations plans and programs."

First Canadian's appointment as an investor relations consultant of Canadian Shield and the granting of the Stock Options are subject to regulatory approval of the TSX Venture Exchange.

About First Canadian Capital Corp.

Based in Toronto and in the IR business for thirteen years, First Canadian Capital Corp. has assisted numerous North American corporations in gaining exposure and recognition within the global investment community. www.firstcanadiancapital.com

About Canadian Shield Resources Ltd. (TSX VENTURE: EXP)

Canadian Shield is a precious metals exploration and development company focused on strategically-located properties in Peru and Chile. Canadian Shield has seven precious metal exploration projects in Peru and one in Chile. The Company's shares are listed on the TSX Venture Exchange (Trading Symbol TSX-V: EXP). Further information is available at Canadian Shield's website: www.canadianshieldresources.com

STATEMENTS IN THIS PRESS RELEASE, OTHER THAN PURELY HISTORICAL INFORMATION, INCLUDING STATEMENTS RELATING TO THE COMPANY'S FUTURE PLANS AND OBJECTIVES OR EXPECTED RESULTS, MAY INCLUDE FORWARD-LOOKING STATEMENTS. FORWARD-LOOKING STATEMENTS ARE BASED ON NUMEROUS ASSUMPTIONS AND ARE SUBJECT TO ALL OF THE RISKS AND UNCERTAINTIES INHERENT IN RESOURCE EXPLORATION AND DEVELOPMENT. AS A RESULT, ACTUAL RESULTS MAY VARY MATERIALLY FROM THOSE DESCRIBED IN THE FORWARD-LOOKING STATEMENTS.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contacts: Canadian Shield Resources Ltd. Keith Laskowski MSc. President Direct Tel: (800) 362-2040 or (720) 272-6224 (416) 927-1222 (FAX) investor@canadianshieldresources.com www.canadianshieldresources.com Investor Contact: First Canadian Capital Corp. Dan Boase, Partner (416) 742-5600 x 232 (416) 742-6410 (FAX) dboase@firstcanadiancapital.com www.firstcanadiancapital.com

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