- Goldshore Resources (GSHRF, Financial) reports its highest grade-thickness intersection at the Moss Gold Project.
- Significant intercept in hole MQD-25-171 with 124.35m at 1.65 g/t Au, including 47.0m at 3.08 g/t Au.
- Drilling campaign exceeds current Mineral Resource Estimate grade expectations.
Goldshore Resources Inc. (GSHRF) has announced promising results from its ongoing 20,000-meter drill program at the Moss Gold Project, located in Northwest Ontario, Canada. The standout result comes from drill hole MQD-25-171, which recorded an impressive intersection of 124.35 meters at 1.65 grams per tonne (g/t) gold (Au) from a depth of 295.0 meters. This includes a high-grade segment of 47.0 meters at 3.08 g/t Au, marking the highest grade-thickness intersection the company has reported to date.
The drilling specifically targeted the QES Zone and its northern extension (QES Up), unveiling significant shallow-plunging, higher-grade gold mineralization within core shears. These findings not only confirm the continuity of higher-grade mineralization but also suggest the potential for discovering additional plunging shoots within the deposit.
Another notable drill hole, MQD-25-170, intercepted 77.5 meters at 0.54 g/t Au from 203.5 meters depth, including segments of 11.4 meters at 1.24 g/t Au from 208.6 meters and 7.35 meters at 1.09 g/t Au from 246.0 meters. These results have exceeded the grade expectations based on the current Mineral Resource Estimate.
Michael Henrichsen, CEO of Goldshore, expressed optimism about the consistency and continuity of the drilling results at the Moss Deposit. The findings have shown good continuity of higher grades and a shallow plunge to the west, aiding future high-grade mineralization targeting within the deposit.
The Moss Gold Project aims to expand its resource base as all mineralized intersections lie within a conceptual open pit, offering the potential to convert current waste to mineral resources. Goldshore Resources continues to focus on delivering long-term shareholder value through expanding its gold assets in tier-one jurisdictions.