Goldshore Resources Inc. Expands Gold Discovery at Moss Project with New Drill Results
- Goldshore Resources Inc. expands mineralized zones at the Moss Gold Project with successful 20,000-meter drill program results.
- Significant assay findings include 17.7 meters at 1.52 g/t gold and several other promising intercepts.
- The company has invested over $75 million, indicating 1.54 million ounces of Indicated gold and 5.20 million ounces of Inferred gold.
Goldshore Resources Inc. Expands Mineralized Zones at Moss Gold Project
Goldshore Resources Inc. (TSXV: GSHR) announces promising outcomes from its extensive 20,000-meter drill program at the Moss Gold Project in Northwest Ontario. The recent exploration focuses on uncovering new mineralized shear zones to the north of the QES zone, particularly following the notable discovery of the Superion zone. CEO Michael Henrichsen emphasizes the encouraging results obtained from drilling west of the Superion, which reveal newly identified mineralized shear zones, indicating that the gold deposit is indeed expanding in scope and potential.
The latest drilling results showcase several significant assay findings, notably an intercept of 17.7 meters grading 1.52 grams per tonne (g/t) gold from hole MQD-25-179. This intercept includes a high-grade section of 2.3 meters at an impressive 8.24 g/t gold. Additional noteworthy intercepts include 10.35 meters at 0.59 g/t gold and 6.85 meters at 3.01 g/t gold, demonstrating a strong potential for further resource expansion. The exploration drilling confirms the extension of the Superion mineralized trend to a remarkable 380 meters, with further intercepts revealing 13 meters at 0.84 g/t gold, underscoring the project’s promising trajectory.
Goldshore Resources has committed over $75 million to the Moss Gold Project, completing approximately 100,000 meters of drilling to date. This extensive work has led to a mineral resource estimate indicating 1.54 million ounces of Indicated gold at 1.23 g/t and 5.20 million ounces of Inferred gold at 1.11 g/t. Notably, this estimate accounts for only a small portion of the extensive 35-kilometer mineralized trend, suggesting ample room for future exploration and discovery. As these developments unfold, Goldshore remains focused on unlocking the full potential of the Moss Gold Project, positioning itself as a key player in the gold mining sector.
In addition to the recent drilling results, Goldshore Resources continues to enhance its strategic outlook amid an evolving market landscape. The company’s ongoing commitment to exploration and resource development illustrates its determination to capitalize on the gold market's opportunities. As the project progresses, stakeholders remain optimistic about the implications of these findings for the company’s longer-term growth and sustainability in the competitive mining industry.
