Goldshore Discovers New Mineralized Shear Zones as Part of Superion Exploration Drilling at the Moss Deposit with 17.7m of 1.52 g/t Au
Goldshore Discovers New Mineralized Shear Zones as Part of Superion Exploration
Drilling at the Moss Deposit with 17.7m of 1.52 g/t Au
VANCOUVER, B.C., June 11 , 2025: Goldshore Resources Inc. (TSXV: GSHR / OTCQB:
GSHRF / FWB: 8X00) (“Goldshore” or the “Company”) is pleased to announce its latest assay
results from its recently completed 20,000-meter drill program targeting new mineralized shear
zones to the north of the QES zone as part of the follow up drilling from the discovery of the
Superion zone at the Moss Gold Project in Northwest Ontario, Canada (the “Moss Gold Project”).
Michael Henrichsen, CEO of Goldshore commented , “ Additional drilling to the west of the
Superion discovery continues to deliver new mineralized shear zones on the northern side of the
QES Zone within or near the conceptual open pit. We believe the definition of these new
mineralized zones clearly demonstrates the emerging nature of the deposit as we continue to
expand mineralization. In addition, t he higher -than-average resource grades that have been
encountered thus far on the northern side of the pit are very encouraging and will be a focus for
additional drilling in the future, as we look to define a near surface high-grade zone that could be
accretive to the economic performance of the deposit.”
Highlights:
• Results from a series of holes testing an undrilled area between and on the northern flank of
the QES and Main zones have intercepted multiple new mineralized shears within the existing
conceptual pit. Best intercepts include:
o 10.35m of 0.59 g/t Au from 109.0m in MQD-25-178 and
o 6.0m of 1.14 g/t Au from 138.0m, including
▪ 3.0m of 1.73 g/t Au from 138.0m, and
o 15.4m of 0.64 g/t Au from 239.6m, including
▪ 4.0m of 1.44 g/t Au from 246.0m
o 17.7m of 1.52 g/t Au from 333.0m in MQD-25-179, including
▪ 2.3m of 8.24 g/t Au from 334.0m and
▪ 4.0m of 1.27 g/t Au from 346.0m, and
o 6.85m of 3.01 g/t Au from 436.0m including
▪ 2.0m of 9.76 g/t Au from 436.0m
o 22.0m of 0.48 g/t Au from 185.0m in MQD-25-180, and
o 18.4m of 1.36 g/t Au from 285.6m, including
▪ 10.75m of 2.01 g/t Au from 293.5m
• Results from the most northern step back hole, MQD -25-179, intersected the Superion
mineralized trend extending the strike length to 380m with an intercept of:
2
o 13m of 0.84 g/t Au from 35m in MQD-25-179, including
▪ 2.00m of 3.84 g/t Au from 44.0m
Technical Overview
Figure 1 illustrates the location of the drill holes being reported in relation to the planned winter
drill program. Figure 2 shows a cross-section through drill holes MQD-25-178 and MQD-25-179.
Tables 1 and 2 provide summaries of significant intercepts and drill hole locations, respectively.
Figure 1: Summarizes the winter 2025 drill program targeting resource expansion within the conceptual open pit
outlined in grey. Drill holes being reported are highlighted in red.
3
Figure 2: Cross section through MQD-25-178 and MQD-25-179 illustrating additional mineralized shears near the pit
shell edge on the northern side of the QES Zone
Drill results reported herein are from the Superion exploration drill program, targeting a significant
and largely untested area beneath swampy terrain on the north side of known mineralized shears
within or near the conceptual open pit defining the Moss deposit.
MQD-25-178 was drilled approximately 300m west of the newly discovered Superion Zone. The
hole collared into a porphyritic diorite before transitio ning into a multi-phase diorite complex like
that of the Main Zone host rock. The diorites are variably altered , changing between chlorite -
epidote to sericite-silica-hematite to sericite-chlorite dominated assemblages, all of which contain
2-3% disseminated pyrite. Shear zones are altered with sericite-silica-hematite and sericite -
chlorite assemblages and mineralization locally increasing to 3-5% pyrite. They yield intercepts
of 10.35m of 0.59 g/t Au from 109.0m, 6.0m of 1.14 g/t Au from 137.0m including 3.0m of 1.73 g/t
Au, and 15.4m of 0.64 g/t Au from 239.6m including 4.0m of 1.44 g/t Au from 246.0m.
MQD-25-179 was drilled as a 160m step back behind MQD -25-178. The hole collared into
andesitic volcanics and transitioned to dacite volcanics at 39.0m where the contact is strongly
sheared with Superion-style sericite-silica alteration containing highly deformed quartz-carbonate
veining and 3-5% disseminated pyrite-chalcopyrite mineralization, which yielded an intercept of
13.0m of 0.84 g/t Au from 35.0m, including 2.0m of 3.84 g/t Au from 44.0m. Two shearing fabrics
were measured in the area, an east-west-striking fabric, in line with the Superion mineralization
trend, and a northeast-southwest-striking fabric following the main deposit trend. It is unclear at
this point which trend is controlling mineralization. The hole continued in dacitic volcanics until
263.0m intersecting the same multi -phase diorite complex as described in MQD -25-178. Shear
zones are altered with sericite-silica-hematite and sericite-chlorite alteration packages hosting 3-
5% disseminated pyrite-chalcopyrite mineralization; and yielding multipl e intercepts including
4
17.7m of 1.52 g/t Au from 333.0m including 2.3m of 8.24 g/t Au from 334.0m and 4.0m of 1.27
g/t Au from 346.0m, 6.1m of 0.66 g/t Au from 362.0m, and 6.85m of 3.01 g/t Au from 436.0m
including 2.0m of 9.76 g/t Au from 436.0m.
Figure 3: Sericite-chlorite altered and pyrite-chalcopyrite bearing shears in MQD-25-179 returning 17.7m of 1.52 g/t
Au from 333.0m as part of the Superion program between the Main and QES zone and 300m west of the Superion
zone.
MQD-25-180 was drilled as a 200m step out and MQD-25-181 as a 100m step out to the west of
the Superion mineralization along the deposit strike. Both holes collared into a dacitic volcanic
package which contained frequent 5-10m scale diorite dykes before intersecting the multi-phase
diorite package at 150m and 135m , respectively. Both holes encountered similar alteration
assemblages and sheared mineralization , as described in MQD -25-178 and MQD -25-179.
Sericite-silica-hematite altered shears occur as 10 -20m wide intersections in MQD -25-180
yielding intercepts of 22.0m of 0.48 g/t Au from 185.0m, 1.0m of 9.23 g/t Au from 253.65, and
18.4m of 1.36 g/t Au from 285.6m , including 10.75m of 2.01 g/t Au ; while the shear widths
reduced to 1-5m in MQD-25-181 yielding intercepts of 4.85m of 0.73 g/t Au from 116.0m, 0.9m of
10.4 g/t Au from 149.0m, and 3.0m of 2.23 g/t Au from 275.0m. Minimal gold intercepts were
encountered along strike to the east suggesting the zone has begun to pinch out.
5
An additional 200m area to the west remains untested between the new intercepts and the
previously defined Main Zone mineralized shears. Additional drill holes in this area will be planned
for later in the year.
Table 1: Significant intercepts
HOLE ID FROM TO LENGTH (m) TRUE WIDTH
(m)
CUT GRADE
(g/t Au)
UNCUT
GRADE
(g/t Au)
MQD-25-178 57.00 62.85 5.85 3.9 0.31 0.31
109.00 119.35 10.35 7.0 0.59 0.59
137.00 143.00 6.00 4.1 1.14 1.14
incl 138.00 141.00 3.00 2.0 1.73 1.73
182.00 189.00 7.00 4.8 0.61 0.61
196.00 198.00 2.00 1.4 1.70 1.70
217.35 223.00 5.65 3.9 0.52 0.52
239.60 255.00 15.40 10.7 0.64 0.64
incl 246.00 250.00 4.00 2.8 1.44 1.44
298.00 300.00 2.00 1.4 0.65 0.65
MQD-25-179 26.00 28.00 2.00 1.3 0.31 0.31
35.00 48.00 13.00 8.5 0.84 0.84
incl 44.00 46.00 2.00 1.3 3.84 3.84
63.00 65.00 2.00 1.3 0.69 0.69
317.90 320.00 2.10 1.5 0.42 0.42
333.00 350.70 17.70 12.6 1.52 1.52
incl 334.00 336.30 2.30 1.6 8.24 8.24
and 346.00 350.00 4.00 2.8 1.27 1.27
362.00 368.10 6.10 4.4 0.66 0.66
436.00 442.85 6.85 5.0 3.01 3.01
incl 436.00 438.00 2.00 1.4 9.76 9.76
incl 436.00 437.00 1.00 0.7 17.5 17.5
MQD-25-180 175.00 178.05 3.05 2.2 0.73 0.73
185.00 207.00 22.00 15.6 0.48 0.48
237.00 244.50 7.50 5.4 0.32 0.32
253.65 254.65 1.00 0.7 9.23 9.23
265.20 275.00 9.80 7.0 0.33 0.33
285.60 304.00 18.40 13.2 1.36 1.36
incl 293.25 304.00 10.75 7.7 2.01 2.01
incl 299.00 300.00 1.00 0.7 5.29 5.29
328.00 330.00 2.00 1.4 0.73 0.73
335.30 341.00 5.70 4.1 0.72 0.72
354.50 359.55 5.05 3.7 0.41 0.41
MQD-25-181 102.00 108.00 6.00 3.9 0.41 0.41
6
116.00 120.85 4.85 3.2 0.73 0.73
149.00 149.90 0.90 0.6 10.4 10.4
160.00 169.00 9.00 6.0 0.32 0.32
216.00 220.25 4.25 2.8 0.54 0.54
266.60 269.00 2.40 1.6 0.62 0.62
275.00 278.00 3.00 2.0 2.23 2.23
313.00 315.00 2.00 1.4 1.21 1.21
Intersections calculated above a 0.3 g/t Au cut off with a top cut of 30 g/t Au and a maximum internal waste
interval of 5 metres. Shaded intervals are intersections calculated above a 1.0 g/t Au cut off. Intervals in bold are
those with a grade thickness factor exceeding 20 gram x metres / tonne gold. True widths are approximate and
assume a subvertical body.
Table 2: Drill Collars
HOLE EAST NORTH RL AZIMUTH DIP EOH
MQD-25-178 669,639 5,379,690 428 161.2 -49.6 327.00
MQD-25-179 669,588 5,379,845 435 150.0 -49.7 480.00
MQD-25-180 669,706 5,379,798 428 157.5 -50.1 381.00
MQD-25-181 669,791 5,379,844 428 158.3 -48.6 379.35
Analytical and QA/QC Procedures
The HQ diameter drill core has been oriented using ACTIII or equivalent tools and validated in
the core shack. All core has been sawed in half cut just off the core orientation line (bottom of
hole) with the right half (looking down hole) of the core bagged and sent a third-party analytical
laboratory. The left half of the core was re turned to core boxes and is stored at Goldshore’s
Kashabowie core yard facility.
All samples were sent to ALS Geochemistry in Thunder Bay for preparation and analysis was
performed in the ALS Vancouver analytical facility. ALS is accredited by the Standards Council of
Canada (SCC) for the Accreditation of Mineral Analysis Testing Labor atories and CAN -P-4E
ISO/IEC 17025. Samples were analysed for gold via fire assay with an AA finish (“Au-AA23”) and
48 pathfinder elements via ICP-MS after four-acid digestion (“ME-MS61”). Samples that assayed
over 10 ppm Au were re-run via fire assay with a gravimetric finish (“Au-GRA21”).
In addition to ALS quality assurance / quality control (“ QA/QC”) protocols, Goldshore has
implemented a quality control program for all samples collected through the drilling program. The
quality control program was designed by a qualified and independent third party, with a focus on
the quality of analytical results for gold. Analytical results are received, imported to our secure on-
line database and evaluated to meet our established guidelines to ensure that all sample batches
pass industry best practic e for analytical quality control. Certified reference materials are
considered acceptable if values returned are within three standard deviations of the certified value
reported by the manufacture of the material. In addition to the certified reference material, certified
blank material is included in the sample stream to monitor contamination during sample
7
preparation. Blank material results are assessed based on the returned gold result being less
than ten times the quoted lower detection limit of the analytical method. The results of the on -
going analytical quality control program are evaluated and reporte d to Goldshore by Orix
Geoscience Inc.
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 wor ld’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 near
site, supportive local communities and skilled workforce. The Company has invested over $ 75
million of new capital and completed approximately 100,000 meters of drilling on the Moss Gold
Project, which, in aggregate, has had over 2 55,000 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. Please see NI 43-101 technical report titled: “Technical Report and
Updated Mineral Resource Estimate for the Moss Gold Project, Ontario, Canada,” dated March
20, 2024 with an effective date of January 31, 2024 available under the Company’s SEDAR+
profile at www.sedarplus.ca. 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.
W: www.goldshoreresources.com
T: 1-604-404-4335
8
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; the potential mineralization
at the Moss Gold Project based on the winter drill program, including the potentia l for additional
mineral resources; the enhancement of the Moss Gold Project; statements regarding the
Company’s future drill plans, including the expected benefits and results thereof; that the Superion
target has the potential to significantly add to the current mineral resource estimate within the top
200 meters from surface with continued drilling and to reduce the overall strip ratio of the deposit;
the potential for resource growth at Moss and the fact that the results have the potential to
significantly impact the economic performance of the deposit moving forward; the potential for a
much larger mineralized system and that it will be pursued in the near future through
additional drilling; 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:
uncertainty and variation in the estimation of mineral resources; risks related to exploration,
development, and operation activities; 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; the economic performance of the deposit may not be consistent
with management’s expectations; the Company’s exploration work may not deliver the results
expected; the fluctuating price of gold; unknown l iabilities in connection with acquisitions ;
compliance with extensive government regulation; delays in obtaining or failure to obtain
governmental permits, or non -compliance with permits; environmental and other regulatory
requirements; domestic and foreign laws and regulations could adversely affect the Company’s
business and results of operations; risks related to natural disasters, terrorist acts, health crises,
and other disruptions and dislocations; global financial conditions; uninsured risks; climate change
risks; competition from other companies and individuals; conflicts of interest; risks related to
compliance with anti -corruption laws; the Company’s limited operating history; intervention by
non-governmental organizations; outside contractor risks; 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 Superion target may not add to the current mineral resource; and other risks
associated with executing the Company’s objectives and strategies as well as those risk factors
discussed in the Company’s continuous disclosure documents filed under the Company’s
SEDAR+ profile at www.sedarplus.ca.