Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF)has obtained strong gold assay results from holes MMD-21-006 and MQD-21-009, which continue to validate gold mineralisation from the Moss Lake Gold Deposit in Northwest Ontario, Canada.
Highlights:
- New parallel zone indicated to the north of QES Zone: drilling confirmed the grades within the 2013 resource model and identified a second high-grade structure approximately 250m north of the model. High-grade mineralised intercepts include:
- 52.85m @ 1.35 g/t Au from 194.0m
- 7.85m @ 1.18 g/t Au from 607.0m and
- 9.0m @ 1.42 g/t Au from 638.0m
- Twin holes confirm historic drill results: a comparison between the two sets of twin holes, based on geological rather grade intervals, shows a good comparison between gold grades and interval widths:
- 231.9m @ 0.57 g/t Au from 160m (MMD-21-006) vs 233.0m @ 0.58 g/t Au from 167 meters (90-223)
- 132.0m @ 0.72 g/t Au from 140m (MQD-21-009) vs 128.0m @ 0.74 g/t Au from 164 meters (90-209)
- Continued high grade structures at Main Zone: one main high-grade mineralised zone occurs within a larger envelope of +0.3 g/t Au mineralisation at the southwestern edge of the Main Zone in MMD-21-006, including:
- 8.15m @ 1.10 g/t Au from 167.05m
- 29.5m @ 1.19 g/t Au from 199.0m and
- 10.8m @ 1.57 g/t Au from 248.2m
“As we have previously reported, we continue to produce drill results that confirm the historical resource estimate modelled in 2013, and significant extensions outside of the historical resource,” President and CEO, Brett Richards, said.
“As well, we are discovering additional parallel zones that we think will improve the project economics by replacing waste material in a design pit with mineralized blocks. The fact that we are continuing to intersect gold mineralisation outside of the volume modelled in 2013 also affirms our belief that the deposit is significantly larger than previously interpreted.”
For further information please visit: https://goldshoreresources.com/
