Goldshore Resources (TSXV: GSHR) has released its latest assay results from an ongoing 15,000 metre drill program being conducted at its Moss Gold project. Assays for a total of five holes were released this morning, with the holes focused on the Southwest Zone of the project.
Highlights from the results include:
- MMD-25-140: 2.53 g/t gold over 8.0 metres from a depth of 125.0 metres
- And 0.68 g/t gold over 25.0 metres from a depth of 133.0 metres
- And 0.83 g/t gold over 33.9 metres from a depth of 192.0 metres
- And 1.68 g/t gold over 15.0 metres from a depth of 456.0 metres
- MMD-25-142: 0.71 g/t gold over 25.5 metres from a depth of 270.5 metres
- And 0.71 g/t gold over 25.5 metres from a depth of 270.5 metres
- MMD-25-147: 1.15 g/t gold over 25.9 metres from a depth of 84.9 metres
- And 2.68 g/t gold over 5.15 metres from a depth of 135.7 metres
The latest results are said to have extended mineralized shears towards the surface at the Southwest Zone, while holes MMD-25-142 and MMD-25-147 intercepted higher than expected grades of mineralization when compared to the current mineral resource estimate.
Extensions of holes MMD-25-140 and MMD-25-142 also tested mineralized shears beneath the current open pit design, resulting in the intersections of 1.68 g/t gold over 15.0 metres from a depth of 456.0 metres, and 0.71 g/t gold over 25.5 metres from a depth of 270.5 metres, respectively.
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The current focus of the drill program is adding to the current mineral resource estimate by infilling gaps within the current model. Secondarily, drilling to depths of 100 to 200 metres is expected to enable mineralized shear zones to be extended to surface, while deeper drilling will allow for the expansion of the open pit resource.
Goldshore Resources last traded at $0.305 on the TSX Venture.
Information for this briefing was found via Sedar and the sources mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
