Goldshore Resources: Expanding Success with the Moss Gold Project in Ontario

June 21, 2023

Gold Stocks to Invest in

Goldshore Resources, under the leadership of CEO Brett Richards, has announced a significant mineral resource estimate for the Moss Gold project in north-western Ontario, surpassing 6 million inferred ounces. This project stands out due to its high-grade shear domain, which constitutes over 55% of the ore body and promises superior returns compared to other alternatives. Even at a gold price of $1,200, Goldshore anticipates remarkable profit margins. Additionally, the company's stock is undervalued compared to its peers, offering potential for future growth. Peter Flindell, VP of Exploration, recognizes substantial potential beyond the initial estimates. With plans to construct a project with a budget of $5-600 million, targeting a return of around 30%, Goldshore's experienced management ensures adherence to high standards and governance. The company expects to release its Preliminary Economic Assessment in Q3 or Q4, positioning itself as a special asset with the potential to become a tier-one gold asset in the future. Financially well-equipped, Goldshore Resources is poised for success in the coming year.

For more information on Goldshore Resources Inc. (TSX.V: GSHR, OTC: GSHRF) please click the request investor info button.

You might also like

Metals & Mining
Surge Battery Metals: Advancing America’s Lithium Supply Chain

Surge Battery Metals is leading lithium exploration with its Nevada North project, critical for securing domestic supply chains and advancing green energy initiatives.

Metals & Mining
Prime Mining: Expanding High-Grade Gold and Silver Resources in Mexico

Prime Mining continues to unlock significant gold and silver potential at its flagship Los Reyes property, leveraging exploration and resource expansion in Mexico’s prolific Sierra Madre Occidental belt.

Content Broadcast on: BNN Bloomberg, CNBC, Bloomberg, FOX Business News, BIZTV, Reuters, The Globe and Mail, YouTube and more!