TSXV: GSHR;OTCQB: GSHRF ;FWB: 8X00

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.
www.goldshoreresources.com
TSXV:GSHR OTCQB:GSHRF FWB:8X00

Expert Comments:

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Capital Cube

(2/2/23)
"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."

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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
headshot of Maurice Jackson
Maurice Jackson, Founder – Proven and Probable
Rainer Kromarek – German Smart Investor
Jim Lewis – Wall Street Silver
Stuart McDougall, Mining Analyst, Equity Research – Research Capital Corporation
Paul O'Brien, Analyst – Velocity Trade Capital
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven
headshot of David Skarica
David Skarica – Addicted to Profits

Company News 

3/14/2023 – Goldshore Intersects Multiple New Parallel Shears Increasing Width of QES Zone by Over 100 meters - Including 1.33 g/t Au over 54.45m

2/27/2023 – Goldshore Intersects 5.64 g/t Au over 15.65m at East Coldstream

2/2/2023 – Goldshore Intersects 9.46 g/t Au over 7.45m in the Southwest Zone

1/17/2023 – Goldshore Continues to Intersect Multiple +100m Wide Mineralized Zones at QES Zone Including 1.03 g/t Au over 152.0m in MQD-22-072

12/30/2022 – Goldshore Announces Closing of $1 Million Private Placement

12/29/2022 – Goldshore Announces Upsize of Private Placement to over $1 Million

12/23/2022 – Goldshore Announces Private Placement of up to $1 Million

12/22/2022 – Goldshore Announces Closing of $5.75 Million Public Offering

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.

Streetwise Company Fact Sheet

Goldshore Resources Inc.

(TSXV: GSHR - OTCQB: GSHRF - FWB: 8X00)

2023/3/21 22:59:51

Analyst coverage

Laurentian Bank SecuritiesBarry Allan
Research Capital CorporationStuart McDougall
Velocity Trade CapitalPaul O'Brien

Newsletter coverage

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Streetwise - Goldshore Resources Inc. Ownership Overview*

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

*Share Structure as of 1/20/2023
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
Q2
2023
Second MRE - April 2023
Q3
2023
Phase 1 - Small Scale / High Grade Focused Project PEA - September 2023
Q4
2023
Third MRE - End of November 2023