-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 HB6V/XRR50AbiwKAcfyqDPHL2UXzEwBH6QI509BWKP5Z1qa1wt73I/2Rd203GyEI
 DtghwwTcKFBT6FkFeUCE0w==

<SEC-DOCUMENT>0001437749-10-000188.txt : 20100129
<SEC-HEADER>0001437749-10-000188.hdr.sgml : 20100129
<ACCEPTANCE-DATETIME>20100129143032
ACCESSION NUMBER:		0001437749-10-000188
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
FILED AS OF DATE:		20100129
DATE AS OF CHANGE:		20100129
EFFECTIVENESS DATE:		20100129

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CANADIAN SHIELD RESOURCES LTD
		CENTRAL INDEX KEY:			0001180773
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A6
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-138289
		FILM NUMBER:		10557398

	BUSINESS ADDRESS:	
		STREET 1:		151 BLOOR ST W
		STREET 2:		STE 703
		CITY:			TORONTO ONTARIO
		STATE:			A6
		ZIP:			99999999
		BUSINESS PHONE:		416 927 0025 X31

	MAIL ADDRESS:	
		STREET 1:		151 BLOOR ST W
		STREET 2:		STE 703
		CITY:			TORONTO ONTARIO
		STATE:			A6
		ZIP:			99999999

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CANADIAN SHIELD RESOURCES INC
		DATE OF NAME CHANGE:	20020816
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0603</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001180773</cik>
        <entityName>CANADIAN SHIELD RESOURCES LTD</entityName>
        <issuerAddress>
            <street1>151 BLOOR ST W</street1>
            <street2>STE 703</street2>
            <city>TORONTO ONTARIO</city>
            <stateOrCountry>A6</stateOrCountry>
            <zipCode>M5S 1S4</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>416-927-0025</issuerPhoneNumber>
        <jurisdictionOfInc>ONTARIO, CANADA</jurisdictionOfInc>
        <edgarPreviousNameList>
            <previousName>CANADIAN SHIELD RESOURCES INC</previousName>
        </edgarPreviousNameList>
        <entityType>Corporation</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Khurram</firstName>
                <middleName>R.</middleName>
                <lastName>Qureshi</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>151 Bloor Street West</street1>
                <street2>Suite 703</street2>
                <city>Toronto</city>
                <stateOrCountry>A6</stateOrCountry>
                <zipCode>M5S 1S4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Keith</firstName>
                <middleName>A.</middleName>
                <lastName>Laskowski</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Suite 201</street1>
                <street2>15710 W. Colfax Drive</street2>
                <city>Golden</city>
                <stateOrCountry>CO</stateOrCountry>
                <zipCode>80401</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <lastName>Kraft</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>107 Mossgrove Trail</street1>
                <city>Toronto</city>
                <stateOrCountry>A6</stateOrCountry>
                <zipCode>M2L 2W4</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Gregory</firstName>
                <middleName>R.</middleName>
                <lastName>Harris</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>4011 Crestview Road SW</street1>
                <city>Calgary</city>
                <stateOrCountry>A0</stateOrCountry>
                <zipCode>T2T 2L5</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Sol</firstName>
                <lastName>Mednick</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>12 BobWhite Crescent</street1>
                <city>Toronto</city>
                <stateOrCountry>A6</stateOrCountry>
                <zipCode>M2L 2E1</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Philip</firstName>
                <middleName>Wells</middleName>
                <lastName>Anderson</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>Av. Dos de Mayo 472</street1>
                <city>Miraflores, Lima</city>
                <stateOrCountry>R5</stateOrCountry>
                <zipCode>18</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michelle</firstName>
                <middleName>Anne</middleName>
                <lastName>Carreau</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>27 Norway Ave.</street1>
                <city>Toronto</city>
                <stateOrCountry>A6</stateOrCountry>
                <zipCode>M4L 1P7</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Bernard</firstName>
                <lastName>Kraft</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>1166 Bay Street</street1>
                <street2>Suite 1804</street2>
                <city>Toronto</city>
                <stateOrCountry>A6</stateOrCountry>
                <zipCode>M5S 2X8</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
                <relationship>Director</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification></relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Other</industryGroupType>
        </industryGroup>
        <issuerSize>
            <revenueRange>No Revenues</revenueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>2009-09-25</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>false</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isEquityType>true</isEquityType>
            <isOptionToAcquireType>true</isOptionToAcquireType>
            <isSecurityToBeAcquiredType>true</isSecurityToBeAcquiredType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
            <clarificationOfResponse></clarificationOfResponse>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>4800</minimumInvestmentAccepted>
        <salesCompensationList>
            <recipient>
                <recipientName>Global Resource Investments, Ltd</recipientName>
                <recipientCRDNumber>35878</recipientCRDNumber>
                <associatedBDName>Global Resource Investments, Ltd.</associatedBDName>
                <associatedBDCRDNumber>35878</associatedBDCRDNumber>
                <recipientAddress>
                    <street1>7770 El Camino Real</street1>
                    <city>Carlsbad</city>
                    <stateOrCountry>CA</stateOrCountry>
                    <zipCode>92009</zipCode>
                </recipientAddress>
                <statesOfSolicitationList>
                    <state>AL</state>
                    <state>AZ</state>
                    <state>CA</state>
                    <state>CO</state>
                    <state>CT</state>
                    <state>FL</state>
                    <state>IN</state>
                    <state>MN</state>
                    <state>TN</state>
                    <state>TX</state>
                    <state>VA</state>
                    <state>WA</state>
                </statesOfSolicitationList>
            </recipient>
        </salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>1200000</totalOfferingAmount>
            <totalAmountSold>1200000</totalAmountSold>
            <totalRemaining>0</totalRemaining>
            <clarificationOfResponse>The Total Offering Amount and Total Amount Sold are in Canadian Dollars. The Minimum Investment Amount in Item 11, and the Finders' Fees Amount in Item 15, are in Canadian Dollars.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>36</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>12000</dollarAmount>
            </findersFees>
            <clarificationOfResponse>In connection with the financing, the Company paid finders fees of 125,000 Units (125,000 Common Shares and 125,000 Warrants), each Warrant being exercisable into 1 Common Share at a price of $1.20 for a 2 year period, representing 10% of the Units sold.</clarificationOfResponse>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
            </grossProceedsUsed>
            <clarificationOfResponse></clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>CANADIAN SHIELD RESOURCES LTD</issuerName>
                <signatureName>/s/ Khurram R. Qureshi</signatureName>
                <nameOfSigner>Khurram R. Qureshi</nameOfSigner>
                <signatureTitle>Chief Financial Officer</signatureTitle>
                <signatureDate>2010-01-29</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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