Discovery Harbour Resources Corp (DHR)

[Sam Dan]

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Discovery Harbour Reports Wabassi Summer Drill Program Intercepts and Results of Down Hole Electromagnetic 3D Surveys at the Anomaly ‘E’ VMS Discovery

Vancouver, British Columbia – August 21st, 2013 – Discovery Harbour Resources Corp. (TSXV:DHR) (“Discovery” or the “Company”) and its partner, Northern Shield Resources Inc. (TSXV:NRN) (“Northern Shield”) are pleased to announce the results of the summer drilling program at Anomaly ‘E’ within the Wabassi Project, located in northwestern Ontario. Down hole (hole to hole) electromagnetic surveys, to supplement the in-hole gravity survey results from June this year, were also completed in July.

As announced in our June 25, 2013 press release, 9 holes were completed during this Spring-Summer program for a total of 2,889 meters. Six of these holes were designed to test the responses received from the in-hole gravity survey at Anomaly ‘E’, as reported in that press release. Our drilling revealed that only a portion of the subsurface gravity anomalies modeled may be attributed to mineralization. The geological environment at Anomaly ‘E’ is complicated by the density contrasts caused by younger ultramafics intruding the bimodal volcanic sequences that host the VMS mineralization. Two holes, 13WA-39 and 13WA-42 intersected sulfide mineralization associated with the gravity anomalies as modeled by Abitibi geophysics. Assays results from these intercepts are reported in Table 1.

All samples were sent to ALS Minerals laboratory in Timmins, Ontario for preparation. Samples are submitted using the standard ALS Sample Submittal Form with sample chain of custody following standard ALS Group procedures. ALS Minerals is a division of the ALS Group and each of ALS Minerals laboratories in North America are registered to ISO 9001:2008 for the “provision of assay and geochemical analytical services” by QMI Quality Registrars.

The ALS Group companies are independent of, and unrelated to each and any of Discovery Harbour Resources and Northern Shield Resources.

All analyses were completed using industry standard methods. Analysis completed utilized ALS Minerals process codes PGM-MS23 for platinum, palladium and gold, ME-MS81 for a 38 element trace element package and ME-ICP61 for a 33 element trace element package. Sample Preparation Package PREP-31 is a standard sample preparation for analysis that involves the following steps: Dry, Crush, Split and Pulverize.

All certificates of analysis for samples processed for assay and for whole-rock lithogeochemistry are filed at the Northern Shield offices, and duplicate copies can be obtained from ALS Minerals laboratories. All steps of the sample selection and transportation to the laboratory were supervised and monitored by Northern Shield personnel.

Table 1
Hole # from to length (m)* Cu (%) Zn (%) Ag (ppm) Au (ppm)
13WA-39 76.65 93.6 16.95 0.52 1.99 16.49 0.05
including 78.5 81.9 3.4 0.91 3.87 25.08 0.06
including 85.5 86.9 1.4 0.83 1.97 25.92 0.12
including 90 90.25 0.25 0.07 8.02 2.64 0.04
including 90.25 90.65 0.4 0.11 33.9 7 0.17
13WA-42 172 181.77 9.77 0.66 0.08 18.47 0.05
including 177 180.7 3.7 1.30 0.12 32.88 0.09
13WA-42 193 198.8 5.8 0.54 0.24 16.14 0.07
including 194.62 195.6 0.98 1.69 1.12 50.5 0.26
*Note: The length of the intercepts reported are as drilled and are therefore approximate. Additional drilling at Anomaly “E” is required to establish actual true thicknesses of the mineralized horizons.

These results have led to the contracting of hole to hole electromagnetic (3D-EM) surveys for nine holes at Anomaly ‘E’. Initial results from this work illustrate that the numerous conductive targets (3D-EM anomalies), likely representative of sulfide mineralization, as supported by multiple intercepts in the previous drilling from 2011 to present, are generally not associated with the high density 3D gravity anomalies. An image illustrating these results is available for viewing at http://www.discoveryharbour.com/media/Gravity-EM-image-txt.JPG.

Discovery and Northern Shield are planning a next phase of drilling for this year to test the new 3D-EM targets as well as to test the open plates (deep penetrating PEM) at depths of greater than 450 meters at Anomaly ‘E’. The PEM survey had a maximum depth penetration capability of -825 meters. The PEM conductive sources are shown to be present at that depth. This drill program will also test an undetermined number of regional targets from the 2011 VTEM surveys.

Michael J. Senn, a licensed professional geologist, is the Qualified Person for Discovery Harbour Resources as described in National Instrument 43-101 and is responsible for the contents of this release.

For further information, contact Ian Graham by telephone at [phone] or by fax at [phone].

ON BEHALF OF THE BOARD OF DISCOVERY HARBOUR RESOURCES CORP.
“Ian Graham”
Ian Graham
President, CEO, Corporate Secretary and Director