Goldshore Resources Inc.

Goldshore Resources (“Goldshore” or the “Company”) is an emerging junior gold developer, and acquired the Moss Lake Gold Project from Wesdome Gold Mines Ltd. In January 2021, and who remains a strategic shareholder of Goldshore with a 30% equity position in its common shares. The Company is well-financed and supported by an industry-leading management group, board of directors and advisory board. Goldshore’s Moss Lake Project has a historical resource of 4m oz. of gold, has embarked on a 100,000m drilling campaign and holds one of the largest land packages by a mining company in North-western Ontario. The project displays significant resource expansion potential, as Goldshore takes the project through its next stages of exploration and development, towards an updated mineral resource estimation (MRE); updated preliminary economic assessment (PEA) and visibility towards feasibility study (FS).

Expert Comments:

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Rick Mills, Ahead of the Herd

"The most promising sign of a gold project is when a major drill program delivers exceptional results right off the bat, with significant assays from the first few holes to back up future resource expansion; this is exactly what's happening with Goldshore Resources Inc. (at its flagship Moss Lake gold project). . .the company is currently embarking on an extensive 100,000m drill program on the property that will run for about a year until mid-2022."

Rick Mills, Ahead of the Herd

"Not only did results from the first three holes of Goldshore Resources Inc.'s 10,000m program at the Moss Lake deposit show evidence of gold mineralization, but they also gave indications of a well-mineralized system that is much wider and deeper than previously known. This signified the beginning of what promises to be a wide-ranging, lengthy drill program that would extend into Q2/22."

Golden Opportunities

"Goldshore Resources Inc. controls the Moss Lake gold project with 1.47 Moz of Indicated historical gold resources and 2.51 Moz of Inferred historical resources. . .Moss Lake is huge. . .the project remains open both laterally and to depth, and a wealth of other targets are in line to be explored."

headshot of Gwen  Preston

Gwen Preston, The Maven Letter

"Goldshore Resources Inc. announced a $7M financing that the company upsized to $10M within a day. . .this financing will let it do the huge drill program needed to demonstrate the potential it sees at Fenn Gibb."

Gwen Preston, The Maven Letter

"We got the first three drill results from Goldshore’s Moss Lake gold project. . .these results are a good start. . .these results should be the start of a slew of results from the company, which has several drills turning and will add more in the coming months to complete the planned 100,000m program."

headshot of Rick Mills

Rick Mills, Ahead of the Herd

"Goldshore Resources Inc. ticks all the boxes for a quality junior, with a great project in a safe, heavily mineralized jurisdiction (northwestern Ontario), a tight share structure and, perhaps most importantly, loads of upside. The company is just getting started on a 100,000m drill program in an established gold camp; the news will surely be flowing for months."

Experts Following This Company

headshot of Barry Allan
Barry Allan, Managing Director, Mining Analyst, Institutional Equity Research – Laurentian Bank Securities
headshot of Rick Mills
Rick Mills Ahead of the Herd
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven

Company News 

11/23/2021 – Goldshore Resources Announces Closing of $10 Million Private Placement Offering

11/16/2021 – Goldshore Resources: Positioned to Advance Their Ontario Based Gold Project

11/1/2021 – Goldshore Resources Announces Brokered Private Placement of up to $7 Million Flow-Through Shares and Premium Flow-Through Shares

10/21/2021 – Goldshore Resources Intersects Widespread Gold Mineralization in First Holes of 100,000 Meter Drill Program at Moss Lake, Ontario

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights
Size, scale and leverage to the gold price
Tier 1 jurisdiction with a 4m oz historical resource
Undervalued to peers on a MarCap/oz basis, and undervalued relative to trading multiple of .3NPV ($200M-$300M) which these assets tend to trade at
catalyst Calendar
Testing copper targets and getting results back (Q1 2022)
Updated Mineral Resource Estimate (Q3 2022) and Updated PEA (Q3 2022)
Commenced 100,000m drill program – regular results (every 3 weeks) over next 12 months to validate g