Goldshore Announces Filing of Updated Technical Report for the Moss Lake Project
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Goldshore Announces Filing of Updated Technical Report for the Moss Lake Project
VANCOUVER, B.C., June 20, 2023: Goldshore Resources Inc. (TSXV: GSHR / OTCQB:
GSHRF / FWB: 8X00) (“Goldshore” or the “ Company”), further to its press release of
May 8, 2023, 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 Gold Project in Northwest Ontario, Canada (the “Moss
Gold Project”). The Technical Report was prepared by Neal Reynolds , FAusIMM, MAIG and
Matthew Field, Pr.Sci. Nat of CSA Global Consultants Canada Ltd. The Technical Report has an
effective date of May 5, 2023. The Technical Report is available on SEDAR at www.SEDAR.com
and is posted on the Company’s website at www.goldshoreresources.com.
In addition, further to its press release of May 17, 2023, Goldshore is working with Ausenco
Engineering Canada Inc. (“ Ausenco”) as its lead engineering firm to conduct the preliminary
economic assessment (“ PEA”) at the Moss Gold Project. Goldshore’s VP Exploration, Pete
Flindell stated, “Goldshore is reviewing high level scoping studies with Ausenco in order to identify
the optimum project for the PEA. With high grade shears in low -grade altered wall rock, three
viable process routes, and varying mining scales and rates, there are dozens of options that are
being carefully evaluated, as the likely optimum project will be a staged hybrid rather than a simple
mine-to-mill operation. We look forward to final PEA results in Q4 of this year.”
About Goldshore
Goldshore is an emerging junior gold development company and owns 100% of the Moss Gold
Project located in Ontario. Wesdome Gold Mines Ltd. is currently a large shareholder of
Goldshore, and the Company is supported by an industry -leading management group, board of
directors and advisory board. Goldshore is positioned to advance the Moss Gold Project through
the next stages of exploration and development.
Neither the TSXV nor its Regulation S ervices 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
W. www.goldshoreresources.com
Facebook: GoldShoreRes | Twitter: GoldShoreRes | LinkedIn: goldshoreres
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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
information herein includes, but is not limited to, statements that address activities, events or
developments that Goldshore expects or anticipates will or may occur in the future including
conduct and timing of the PEA.
Forward-looking statements in this news release include, among others, statements relating to
expectations regarding the exploration and development of the Moss Gold Project ,
commencement of a preliminary economic assessment and prefeasibility study, 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 mater ially 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.