Goldshore Commences Winter Exploration Program
Goldshore Commences Winter Exploration Program
VANCOUVER, B.C., December 9, 2024 : Goldshore Resources Inc. (TSXV: GSHR / OTC
Markets: GSHRF / FSE: 8X00) (“Goldshore” or the “Company” or the “Corporation”) is pleased
to announce that, further to the Company's press release on November 25, 2024, all three
components of the winter exploration program, including diamond drilling, top-of-bedrock sonic
drilling, and ground- based induced polarization geophysics, are underway at the 100% owned
Moss Gold Project in Ontario, Canada. The 15,000 meter diamond drill program is targeting
resource expansion in the top 200 meters from surface within the conceptual open pit defined by
the current mineral resource estimate; whereas the sonic drill and geophysical programs are
designed to develop discovery-focused drill targets along 23 kilometers of prospective structura l
corridors that share similar characteristics to the Moss Deposit structure.
Michael Henrichsen, Goldshore CEO commented “We are excited to begin our winter exploration
program that we expect will provide numerous catalysts to our shareholders over the coming
months. We believe the diamond drill program will continue to demonstrate the potential to expand
the Moss Deposit and that the discovery based sonic drill and geophysical programs will define
targets that will begin to daylight the true ounce potential of the Moss Gold Project.”
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
(“NI 43 -101”), has approved the scientific and technical information contained in this news
release.
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 100% owned Moss Gold Project which is positioned in
Ontario, Canada, with direct access from the Trans -Canada Highway, hydroelectric power n ear
site, supportive local communities and skilled workforce. The Company has invested over $6 0
million of new capital and completed approximately 80,000 meters of drilling on the Moss Gold
Project, which, in aggregate, has had over 235,000 meters of drilling. The 2024 updated NI 43-
101 mineral resource estimate (“MRE”) has expanded to 1.54 million ounces of Indicated gold
resources at 1.23 g/t Au and 5.20 million ounces of Inferred gold resources at 1.11 g/t Au. The
MRE only encompasses 3.6 kilometers of the 35+ kilometer mineralized trend, remains open at
depth and along strike and is one of the few remaining major Canadian gold deposits positioned
for development in this cycle. For more information, please visit SEDAR+ (www.sedarplus.ca )
and the Company’s website (www.goldshoreresources .com).
For More Information – Please Contact:
Michael Henrichsen
President, Chief Executive Officer and Director
Goldshore Resources Inc.
2
W: www.goldshoreresources.com
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 forwa rd
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 a nd
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 upda te
these forward-looking statements in the event that management’s beliefs, estimates or opinions,
or other factors, should change.