Goldshore Commences 21,000 Meter Grade Control Drill Program
Goldshore Resources (OTCQB: GSHRF) has launched a significant 21,000-meter grade control drill program at its Moss Gold Project in Ontario, Canada. The program is designed to determine optimal drill spacing for upgrading Inferred Mineral Resources ahead of the company's Feasibility Study.
The initiative will enhance gold mineralization continuity definition through detailed variography, supporting resource modeling and classification. Additionally, the program will provide samples for feasibility-level metallurgical testing. The company expects to complete its Preliminary Economic Assessment (PEA) in Q4.
Goldshore Resources (OTCQB: GSHRF) ha avviato un importante programma di perforazione di controllo qualità di 21.000 metri presso il suo progetto aurifero Moss in Ontario, Canada. Il programma è finalizzato a determinare la spaziatura ottimale delle perforazioni per aggiornare le Risorse Minerarie Inferite prima dello Studio di Fattibilità dell'azienda.
L'iniziativa migliorerà la definizione della continuità della mineralizzazione aurifera attraverso una variografia dettagliata, supportando la modellazione e la classificazione delle risorse. Inoltre, il programma fornirà campioni per test metallurgici a livello di fattibilità. L'azienda prevede di completare la sua Valutazione Economica Preliminare (PEA) nel quarto trimestre.
Goldshore Resources (OTCQB: GSHRF) ha iniciado un importante programa de perforación de control de ley de 21,000 metros en su Proyecto de Oro Moss en Ontario, Canadá. El programa está diseñado para determinar el espaciamiento óptimo de perforación para actualizar los Recursos Minerales Inferidos antes del Estudio de Factibilidad de la empresa.
La iniciativa mejorará la definición de la continuidad de la mineralización de oro mediante una variografía detallada, apoyando la modelación y clasificación de recursos. Además, el programa proporcionará muestras para pruebas metalúrgicas a nivel de factibilidad. La empresa espera completar su Evaluación Económica Preliminar (PEA) en el cuarto trimestre.
Goldshore Resources (OTCQB: GSHRF)는 캐나다 온타리오에 위치한 Moss 금 프로젝트에서 21,000미터 등급 관리 시추 프로그램을 시작했습니다. 이 프로그램은 회사의 타당성 조사 전에 추정 광물 자원을 업그레이드하기 위한 최적의 시추 간격을 결정하는 것을 목표로 합니다.
이 이니셔티브는 상세한 변이 분석을 통해 금 광물화 연속성 정의를 향상시켜 자원 모델링과 분류를 지원합니다. 또한, 프로그램은 타당성 수준의 야금학적 테스트를 위한 샘플을 제공합니다. 회사는 4분기에 예비 경제성 평가(PEA)를 완료할 것으로 예상합니다.
Goldshore Resources (OTCQB : GSHRF) a lancé un important programme de forage de contrôle de qualité de 21 000 mètres sur son projet aurifère Moss en Ontario, Canada. Ce programme vise à déterminer l'espacement optimal des forages pour améliorer les ressources minérales inférées avant l'étude de faisabilité de la société.
Cette initiative permettra d'améliorer la définition de la continuité de la minéralisation aurifère grâce à une variographie détaillée, soutenant ainsi la modélisation et la classification des ressources. De plus, le programme fournira des échantillons pour des tests métallurgiques à l'échelle de la faisabilité. La société prévoit de terminer son évaluation économique préliminaire (PEA) au quatrième trimestre.
Goldshore Resources (OTCQB: GSHRF) hat ein bedeutendes 21.000 Meter Grade-Control-Bohrprogramm bei seinem Moss Gold Projekt in Ontario, Kanada, gestartet. Das Programm soll den optimalen Bohrabstand zur Aufwertung der Inferred Mineral Resources vor der Machbarkeitsstudie des Unternehmens bestimmen.
Die Initiative wird die Kontinuitätsdefinition der Goldmineralisierung durch detaillierte Variographie verbessern und unterstützt somit die Ressourcenmodellierung und -klassifizierung. Darüber hinaus liefert das Programm Proben für metallurgische Tests auf Machbarkeitsniveau. Das Unternehmen erwartet den Abschluss seiner vorläufigen Wirtschaftlichkeitsbewertung (PEA) im vierten Quartal.
- Launch of substantial 21,000-meter grade control drill program
- Program will support upgrade of Inferred Mineral Resources
- PEA completion expected in Q4
- Recently completed financing provides funding for the program
- None.
Vancouver, British Columbia--(Newsfile Corp. - June 30, 2025) - Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) (FSE: 8X00) ("Goldshore" or the "Company") is pleased to announce the commencement of the 21,000-meter grade control drill program at the Moss Gold Project, located in Ontario, Canada (the "Moss Gold Project").
This close-spaced drill program aims to define the optimal drill spacing for upgrading Inferred Mineral Resources before the Feasibility Study. It will improve the definition of gold mineralization continuity through detailed variography, aiding resource modelling and classification. The program will also supply samples for feasibility-level metallurgical testing.
Michael Henrichsen, CEO and Director of Goldshore, commented, "We're pleased to kick off our grade control drill program, a key component of our use of proceeds from our recently closed financing. This program is critical for the development of the Moss project, defining the infill drill spacing requirements as we look towards advancing the project towards a Feasibility study on the back of our upcoming PEA in Q4."
Figure 1: Focus Areas for Grade Drilling at the Moss Gold Deposit
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Qualified Person
Peter Flindell, PGeo, MAusIMM, MAIG, Vice-President, Exploration, of the Company, and a qualified person under National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has approved the scientific and technical information contained in this news release.
Mr. Flindell has verified the data disclosed. To verify the information related to the winter drill program at the Moss Gold Project, Mr. Flindell has visited the property several times; discussed and reviewed logging, sampling, bulk density, core cutting and sample shipping processes with responsible site staff; discussed and reviewed assay and QA/QC results with responsible personnel; and reviewed supporting documentation, including drill hole location and orientation and significant assay interval calculations. He has also overseen the Company's health and safety policies in the field to ensure full compliance, and consulted with the Project's host indigenous communities on the planning and implementation of the drill program, particularly with respect to its impact on the environment and the Company's remediation protocols.
About Goldshore
Goldshore is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions. It is led by the ex-global head of structural geology for the world's largest gold company and backed by one of Canada's pre-eminent private equity firms. The Company's current focus is the advanced stage
For More Information - Please Contact:
Michael Henrichsen
President, Chief Executive Officer and Director
Goldshore Resources Inc.
E: mhenrichsen@goldshoreresources.com
W: www.goldshoreresources.com
T: 1-604-404-4335
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This news release contains statements that constitute "forward-looking statements." Such forward looking statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results, performance or achievements, or developments to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," "projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. Forward-looking statements in this news release include, among others, statements relating to expectations regarding the exploration and development of the Moss Gold Project and other statements that are not historical facts.
By their nature, forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such factors and risks include, among others: exploration and development of the Moss Gold Project will not be undertaken as anticipated; the Company may require additional financing from time to time in order to continue its operations which may not be available when needed or on acceptable terms and conditions acceptable; compliance with extensive government regulation; domestic and foreign laws and regulations could adversely affect the Company's business and results of operations; and the stock markets have experienced volatility that often has been unrelated to the performance of companies and these fluctuations may adversely affect the price of the Company's securities, regardless of its operating performance. The forward-looking information in this news release is based on management's reasonable expectations and assumptions as of the date of this news release, including that the Company's business and financial position and general economic conditions will not be adversely affected.
The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and, accordingly, is subject to change after such date. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.
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FAQ
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