Clarification of Press Release: Silver Shield Resources Intersects 710 g/t Ag over 1.04 metres, Including 6,668 g/t Ag over 0.1 metre, at Welsh Silver Mine

BURLINGTON, ON, July 5, 2011 /CNW/ --
BURLINGTON, ON, July 5, 2011 /CNW/ - Silver Shield Resources Corp. is
pleased to announce that all assays in the recently completed drill
program totaling 1,238 metres in ten (10) drill holes have now been
received including the re-assays with metallics.

Holes SCL-11-01 to SCL-11-07 were drilled in the SE portion of the
property, 700m from the main Welsh Shaft, to test the new high grade
veins and extensions of the veining discovered in our Phase II
drilling. The area tested is immediately south of the Amador Gold
(AGX-V) Silverclaim Lake property. The last 3 holes WSM-11-01 to
WSM-11-03 were drilled to the east of the Welsh Mine. The Welsh Silver
Mine area is underlain by Nipissing Gabbro that has intruded into
sedimentary rocks of the Gowganda Formation similar in style and
setting to mines found in Gowganda, Cobalt, Silver Centre and elsewhere
in the area. As such these veins are narrow but, as demonstrated by
this intersection, can be very rich in silver. At times these
high-grade intersections are accompanied by copper, cobalt, nickel,
arsenic, bismuth, lead, etc.

While all of the holes in the program intersected mineralized veins,
only Drillhole WSM-11-07 returned significant assay values.  Previous drilling in the area of SCL-11-07 intersected multiple veins
with grades to 2,659.5 g/t Ag over 0.15m (77.6 oz/t). At this time the company is unsure if this is the same high-grade lens
or one of the other numerous veins previously intersected. Silver-rich
shoots in these settings usually extend for 10's of meters horizontally
and vertically, pinch and swell and can mineralize the wall-rock
adjacent to the veins with fine native silver or argentite resulting in
mining widths much wider than the vein itself. Due to this nugget
effect it is difficult to intersect the mineralized lenses by diamond
drilling.

The following is a summary of the significant assay intervals from
SCL-11-07:

    --  1.04 m from 55.58 - 56.62 m grading 710.42 g/t Ag (20.74 opt)
    --  1.16 m from 90.91 - 92.07 m grading 532.39 g/t Ag (15.54 opt)
    --  0.09m from 109.29- 109.38m grading 96 g/t Ag (2.80 opt)

The importance of these intervals is that economically interesting
grades over typical mining widths have been obtained for the first
time.  These intersections correlate very well with previous drilling
and especially with values from the mine workings which are immediately
north of the area being drilled. Further exploration work on the
property will need to be from the underground access.  At this time no
determination of 'economic grades' or actual mining widths has been
made.

Details of the above assay intervals are provided in the following
table:

    SCL-11-07       East       North    elev.     dip  length      

                542461.385 5285513.678 362.332    -45    150       

                                                                   

Assay Intervals                         Depth          Sample      

                             Sample #    From     To   Length Ag-ppm

                                          (m)     (m)    (m)       

                                                                   

                             E5332912   55.58   55.88   0.30     0.2

                             E5332792   55.88   56.12   0.24     3.0

                             E5332793   56.12   56.22   0.10  6,668.0

                             E5332794   56.22   56.32   0.10   712.0

                             E5332913   56.32   56.62   0.30     0.2

                                                                   

                                       Interval Length  1.04       

                                                                   

                             E5332918   90.91   91.21   0.30     0.8

                             E5332795   91.21   91.32   0.11   258.0

                             E5332796   91.32   91.53   0.21  1,255.0

                             E5332797   91.53   91.61   0.08    86.0

                             E5332798   91.61   91.69   0.08  3,807.0

                             E5332799   91.69   91.77   0.08   172.0

                             E5332919   91.77   92.07   0.30     0.4

                                                                   

                                       Interval Length  1.16       

The technical information in this press release has been reviewed by
Stephen G. Mlot, P.Eng the Qualified person under NI-43-101 for the
Company.

Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined on the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
Company Management, which takes full responsibility for content,
prepared this news release.  In order to proceed fully with the
Company's exploration and acquisition plans, additional funding may be
necessary and, depending on market conditions, this funding may not be
forthcoming on a schedule or on terms that facilitate the Company's
plans.

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