Goldshore Resources Inc. (TSXV:GSHR / OTC:GSHRF / FRA:8X00F)
Goldshore is an emerging well-financed junior gold developer, who acquired the Moss Lake Gold Project (Ontario, Canada) from Wesdome Gold Mines Ltd. In January 2021. The Moss Lake Project has a current global resource of c.121.7Mt containing 4.1M oz Au at 1.1gpt at Moss Lake, including a shear domain of c.34.7 Mt of 2.2M oz at 2.0 g/t Au. Goldshore also has a c.0.85M oz Au inferred historical resource at East Coldstream. The company is conducting an extensive exploration strategy, including completing a 100,000m drilling program; comprehensive metallurgical testing and environment baseline studies. As well, The Moss Lake Project has a historical copper mine (North Coldstream Mine) on its land package (operated by Noranda/Xstrata – 1954-1992), and significant other copper/gold targets to be tested going forward.
Goldshore’s Moss Lake Project holds a large land package in North-western Ontario. The project displays significant resource potential, as Goldshore takes the project through its next stages of exploration and development, towards a second updated mineral resource estimation (MRE) in Q1 2023; followed by updated MRE in Q4 2023 and a preliminary economic assessment (PEA) to be conducted in H1 2023, in conjunction with commencing a preliminary feasibility study in 2024.
