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Goldshore Successfully Completes 2,780-Meter Summer Drilling Program at Moss Gold Project

kent-jackson by kent-jackson
July 24, 2024
in News
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Goldshore Successfully Completes 2,780-Meter Summer Drilling Program at Moss Gold Project
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Goldshore Resources Inc. Completes 2024 Summer Drill Program

Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) has successfully completed its 2024 summer drill program at the Moss Gold Project, exceeding expectations by drilling 2,780 meters across 12 holes, surpassing the initial 2,500-meter target. The program was not only completed ahead of schedule but also under budget, showcasing the efficiency of the operations.

Key Focus Areas

The drill program focused on two key areas:

  1. Boundary Zone Prospect: 7 holes, 1,571 meters
  2. Southwest Drilling Zone Prospect: 5 holes, 1,209 meters

CEO Michael Henrichsen expressed satisfaction with the program’s efficiency, highlighting a 600-meter step-out at the SW Zone and encouraging visual results at the Boundary Zone, including a new parallel shear zone. The first assay results are expected in August, providing valuable insights into the project’s potential.

Additional Insight

The discovery of a new parallel shear zone at the Boundary Zone with similar characteristics to known mineralization is a significant development. This finding could indicate the presence of valuable mineral resources in the area, enhancing the project’s overall potential.

Marketing Campaign Engagement

Goldshore has engaged Investor Insights Systems Inc. for a 12-month digital marketing campaign starting July 22, 2024, with a $225,000 upfront fee. This strategic move aims to increase market awareness and showcase the company’s advancements in the mining sector, further positioning them for growth and investor interest.

Qualified Person and Company Focus

Peter Flindell, Vice-President of Exploration at Goldshore, who is a qualified person under National Instrument 43-101, has provided approval for the technical information in the news release. Goldshore remains committed to delivering shareholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions, positioning itself as a key player in the industry.

Conclusion

The successful completion of the summer drill program and the engagement in a comprehensive marketing campaign showcase Goldshore’s dedication to advancing their projects and increasing investor awareness. With promising results and a strong focus on exploration, Goldshore Resources Inc. is poised for further growth in the mining sector.

Published on: 07/24/2024 – 07:00 AM

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