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Goldshore Intersects 42.7m of 1.09 g/t Au at the Eastern QES Zone of the Moss Deposit
The Eastern panyThe Eastern pany(US:EML) Newsfileยท2025-07-03 11:00

Core Viewpoint - Goldshore Resources Inc. has reported positive assay results from its recent drilling program at the Moss Gold Project, indicating significant gold mineralization and supporting the potential for resource expansion and rapid payback in early mining years [1][2][5]. Group 1: Drilling Results - The completed 20,000-meter drill program targeted the eastern side of the QES zone, confirming thickening of mineralization and its orientation [1]. - Significant intercepts include: - 42.7 meters of 1.09 g/t Au from 241.6 meters in hole MQD-25-155, with notable inclusions of 20.0 meters of 1.77 g/t Au and 2.3 meters of 1.98 g/t Au [5][11]. - 31.9 meters of 0.95 g/t Au from 231.2 meters in hole MQD-25-157, including 15.1 meters of 1.53 g/t Au [5][11]. - Both holes confirmed near-surface extensions of deeper marginal shears along the northern edge of the QES Zone, with some shears returning higher grade mineralization closer to the surface [5][11]. Group 2: Future Plans - The successful winter drilling program sets the stage for a new 50,000-meter drill program, which will focus on further resource expansion (29,000 meters) and grade control drilling (21,000 meters) [2]. - The infill drill program is planned for 2026, aimed at enhancing the resource estimate and supporting future mining operations [2]. Group 3: Company Overview - Goldshore is focused on delivering long-term shareholder value through the acquisition and advancement of primary gold assets, with the Moss Gold Project being a key asset [26]. - The company has invested over $75 million and completed approximately 100,000 meters of drilling at the Moss Gold Project, which has an updated mineral resource estimate of 1.54 million ounces of Indicated gold resources at 1.23 g/t Au and 5.20 million ounces of Inferred gold resources at 1.11 g/t Au [26].