Goldshore Resources Inc.

Goldshore Resources is an emerging well-financed junior gold developer, who acquired the Moss Lake Gold Project (Ontario, Canada) from Wesdome Gold Mines Ltd. In January 2021. The Moss Lake Project has a current global resource of c.121.7Mt containing 4.1M oz Au at 1.1gpt at Moss Lake, including a shear domain of c.34.7 Mt of 2.2M oz at 2.0 g/t Au. Goldshore also has a c.0.85M oz Au inferred historical resource at East Coldstream. The company is conducting an extensive exploration strategy, including completing a 100,000m drilling program; comprehensive metallurgical testing and environment baseline studies. As well, The Moss Lake Project has a historical copper mine (North Coldstream Mine) on its land package (operated by Noranda/Xstrata – 1954-1992), and significant other copper/gold targets to be tested going forward.
Goldshore’s Moss Lake Project holds a large land package in North-western Ontario. The project displays significant resource potential, as Goldshore takes the project through its next stages of exploration and development, towards a second updated mineral resource estimation (MRE) in Q1 2023; followed by updated MRE in Q4 2023 and a preliminary economic assessment (PEA) to be conducted in H1 2023, in conjunction with commencing a preliminary feasibility study in 2024.

Goldshore Resources Inc. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.

Recent Articles:

Gold Co. Announces PEA of Flagship Project

Goldshore Resources Inc. has provided a corporate update revealing encouraging information about the company's flagship project. Read on to see how investors are considering this company.
Tags:  Gold

Gold Mining Co. With Record of Success Provides Update

Goldshore has provided an updated technical report and more information on engineering operations. Read on to see how the company is preparing for future operations.
Tags:  Gold

Canadian Gold Company Releases New Mineral Resource Estimate

Goldshore's new MRE demonstrates increased potential. Click here to see how the project's outlook has improved.
Tags:  Gold

Mining Co. Uncovers Gold Beyond Expectations

Goldshore releases latest assay results, finds high grade shears and gold on Moss Lake. Click here to read about the potential for more mineralization on the project.
Tags:  Gold

Gold Company Sees Shining Future

Goldshore Resources Inc. finds high grade subvertical deposits, expects significant value increase. Click here to read about exciting finds at the Moss Lake Project.
Tags:  Gold

Gold Co. 'A Worthwhile Speculative Addition'

Contributed Opinion
Technical analyst Clive Maund reviews Goldshore Resources Inc.'s 27-month and 7-month charts to tell you why he believes it would be a worthwhile addition to any precious metals portfolio.
Tags:  Gold

More Articles

Expert Comments:

Clive Maund, CliveMaund.com

"Goldshore Resources Inc.'s fundamentals are positive, which of course increases the chances of improvement in the stock price soon. . .being still very close to the second low of a large-ish double bottom at a time when the sector is really coming to life, the company is viewed as being a very attractively priced junior here. It is rated an immediate Strong Speculative Buy."

Capital Cube

"For the quarter ending September 30, 2022, Goldshore Resources Inc. has current assets of CA$5.95M. . .working capital is CA$4.32M. . .the company has enough money to finance its operations for a year and does not need to raise capital in the immediate future."

More Expert Comments

Experts Following This Company

Travis – Economic Ninja
headshot of Barry Allan
Barry Allan, Managing Director, Mining Analyst, Institutional Equity Research – Laurentian Bank Securities
headshot of Gerardo Del Real
Gerardo Del Real, Newsletter writer – Resource Stock Digest
Trevor Hall – Mining Stock Daily
Rainer Kromarek – German Smart Investor
Jim Lewis – Wall Street Silver
Clive Maund – CliveMaund.com
Stuart McDougall, Mining Analyst, Equity Research – Research Capital Corporation
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven
headshot of David Skarica
David Skarica – Addicted to Profits

Company News 

8/10/2023 – Goldshore Resources Provides Corporate Update

Important Disclosures
Goldshore Resources Inc. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content. Billboard advertising monthly fees range from $3,000 to $5,000. This landing page contains a summary of the company that was prepared by that company. Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company. The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports. There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page. Readers should conduct their own research for all information publicly available concerning the company. This landing page may be considered advertising for the purposes of 18 U.S.C. 1734.

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2023/9/22 3:32:06


Analyst coverage

Laurentian Bank SecuritiesBarry Allan
Research Capital CorporationStuart McDougall

Newsletter coverage

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streetwise book logoStreetwise - Goldshore Resources Inc. Ownership Overview*

Goldshore Resources Inc. (TSXV: GSHR;OTCQB: GSHRF ;FWB: 8X00)

*Share Structure as of 8/14/2023
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
Will define project economics in 2023 - expecting to be one of the highest grade, open pit developme
Significantly undervalued to its peer group
Leveraged growth play - with 2 resource increases to be announced in 2023
catalyst Calendar
Second MRE - April 2023
Phase 1 - Small Scale / High Grade Focused Project PEA - September 2023
Third MRE - End of November 2023