Goldshore Resources Anticipates PEA Completion In August 2024

Goldshore Resources (TSXV: GSHR) is expecting to publish a preliminary economic assessment for its Moss Gold project in 2024, following the release of an updated mineral resource estimate.

The company this morning provided a brief outlook for 2024, indicating that consultants are presently focused on test work for heap leaching low grade material from the deposit, which is expected to be complete by the end of the first half of 2024. The completion of metallurgical work will be followed by project scoping, with the PEA slated to be complete by the end of August.

An updated mineral resource estimate meanwhile is expected to be completed in January.

READ: The Gold Mine Of Comments Goldshore Resources Forgot To Remove In Restated Technical Report Filing

Found in northwestern Ontario, the Moss Gold project saw its latest mineral resource estimate released in May 2023. The estimate consisted of updated estimate for the Moss Gold deposit, as well as a maiden estimate for the East Coldstream deposit. Collectively, the property has an inferred resource of 6.0 million ounces of gold at 1.02 g/t.

Goldshore Resources last traded at $0.12 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.

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