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AUXX.V ·

Goldshore Announces Filing of Technical Report for the Moss Lake Project

Resource Estimates Technical Reports (NI 43-101)

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Goldshore Announces Filing of Technical Report for the Moss Lake Project

VANCOUVER, B.C., December 12, 2022: Goldshore Resources Inc. (TSXV: GSHR / OTCQB:

GSHRF / FWB: 8X00) (“Goldshore” or the “Company”), further to its press release of November

15, 2022, confirms that it has filed pursuant to National Instrument 43-101 Standards of Disclosure

for Mineral Projects a technical report titled “NI 43 -101 Technical Report - Mineral Resource

Estimate for the Moss Lake Project, Ontario, Canada” (the “ Technical Report”) in connection

with the 100%-owned Moss Lake Gold Project in Northwest Ontario, Canada. The Technical

Report was prepared by Neal Reynolds, FAusIMM, MAIG and Matthew Field, Pr.Sci. Nat of CSA

Global Consultants Canada Ltd. The independent Technical R eport has an effective date of

December 9, 2022. The Technical Report is available on SEDAR at www.SEDAR.c om and is

posted on the Company’s website at www.goldshoreresources.com.

About Goldshore

Goldshore is an emerging junior gold development company, and owns the Moss Lake Gold

Project located in Ontario. Wesdome Gold Mines Ltd. is currently a large shareholder of

Goldshore with an approximate 27% equity position in the Company. Well-financed and

supported by an industry -leading management group, board of directors and advisory board,

Goldshore is positioned to advance the Moss Lake Gold Project throu gh the next stages of

exploration and development.

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.

For More Information – Please Contact:

Brett A. Richards

President, Chief Executive Officer and Director

Goldshore Resources Inc.

P. +1 604 288 4416 M. +1 905 449 1500

E. [email protected]

W. www.goldshoreresources.com

Facebook: GoldShoreRes | Twitter: GoldShoreRes | LinkedIn: goldshoreres

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 achieveme nts 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,”

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“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 Lake 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: 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; 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 impact of COVID -19; the

ongoing military conflict in Ukraine; and other risk factors outlined in the Company’s public

disclosure documents.

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.