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AUXX.V ·

Goldshore Hosts Townhall Summit On 2023 Moss Lake Gold Project Activities and Catalysts

Marketing Announcement

Goldshore Hosts Townhall Summit On 2023 Moss Lake Gold Project Activities and

Catalysts

VANCOUVER, B.C., February 7, 2023: Goldshore Resources Inc. (TSXV: GSHR / OTCQB:

GSHRF / FWB: 8X00) (“Goldshore” or the “Company”), is pleased to announce that it is hosting

a townhall summit on Tuesday February 14, 2023 at 10:00 AM EST.

Participants are able to register for the summit here: Goldshore Townhall Summit Registration

Brett Richards will be your host at the summit, and he will be highlighting the 2023 activities at

the Moss Lake Gold Project, as well as providing insights into the current gold and gold equity

markets.

About Goldshore

Goldshore is an emerging junior gold development company, and owns 100% of the Moss Lake

Gold Project located in Ontario. Wesdome is currently a large shareholder of Goldshore with an

approximate 22% 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 through the next stages of exploration and development.

The Company has a current open-pit constrained inferred mineral resource estimate published

effective November 14, 2022:

Inferred

Resources

(Domains)

Tonnes

(Mt)

Grade

(g/t

Au)

Contained Metal

(Moz Au)

Shear 34.7 2.0 2.20

Intrusion 87.0 0.7 1.97

Total 121.7 1.1 4.17

Note: Based on a US$1,500 per ounce gold price and economic cut -off grade of 0.40 g/t Au.

Refer to complete notes on Mineral Resource Assumptions at Goldshore A nnounces

Inferred Mineral Resource (goldshoreresources.com)

Peter Flindell, P.Geo., MAusIMM, MAIG, Vice President – Exploration of the Company, a qualified

person under NI 43- 101 has approved the scientific and technical information contained in this

news release.

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.

2

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 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 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 t o the performance of companies and these

fluctuations may adversely affect the price of the Company’s securities, regardless of its operating

performance; and the impact of COVID-19.

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.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any

securities in the United States. The securities have not been and will not be registered under the

United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state

securities laws and may not be offered or sold within the United States or to U.S. Persons unless

registered under the U.S. Securities Act and applicable state securities laws or an exemption from

such registration is available.