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:

headshot of Rick Mills

Rick Mills, Ahead of the Herd

"Starting out with 4 Moz of historical resource, on the largest land package assembled in northwestern Ontario for a mining company, Goldshore Resources Inc. is in an enviable position to succeed. In fact, the Moss Lake project could easily help the company attain a higher value than most projects that have been targeted by the majors in the area, given the project's economics was last updated in 2013."

headshot of Thibaut Lepouttre

Thibaut Lepouttre, Caesars Report

"Goldshore Resources Inc. released assay results for hole 4, returning 117m containing 1.26 g/t gold starting just below surface, including a very interesting 42.5m containing 1.37 g/t gold starting just 1.1m below surface. . .the company is happy with the results of holes 4 and 5 as they seem to extend the width and depth of the mineralization by 38% and 56%, respectively, when compared to the 2013 block model."

headshot of Rick Mills

Rick Mills, Ahead of the Herd

"Goldshore Resources Inc. is posting, in my opinion, excellent results, highlighted by a very respectable 1.16 g/t Au over 116m; significantly, the deposit is wider and larger than management had previously thought. . .the market hasn't yet woken up to the company but the way it's going and with so many holes still left to drill and report, this stock has legs that should carry it well into 2022."

headshot of Gwen  Preston

Gwen Preston, The Maven Letter

"Goldshore Resources Inc. released some nice hits from drilling on Moss Lake; they included hole 4 (117.2m of 1.26 g/t from surface and 23.6m of 1.54 g/t gold from 303m) and hole 5 (8.5m of 2.53 g/t from 42.5m and 16.6m of 1.26 g/t from 140m). Those are great long mineralized hits for sure, consistent with the known deposit."

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headshot of Rick Mills

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."

More Expert Comments

Experts Following This Company

– The Critical Investor
headshot of Barry Allan
Barry Allan, Managing Director, Mining Analyst, Institutional Equity Research – Laurentian Bank Securities
headshot of Thibaut Lepouttre
Thibaut Lepouttre, Editor Caesars Report
headshot of Rick Mills
Rick Mills Ahead of the Herd
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven

Company News 

1/12/2022 – Goldshore Resources Receives DTC Eligibility in the United States

12/8/2021 – Goldshore Resources Intersects 117.12m @ 1.26 g/t Au from 1.1m in MMD-21-004

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