- Goldshore Resources (OTCQB: GSHRF) initiates a 21,000-meter grade control drill program at Moss Gold Project.
- The aim is to refine drill spacing for upgrading Inferred Mineral Resources before the Feasibility Study.
- Preliminary Economic Assessment (PEA) completion anticipated by Q4 2025.
Goldshore Resources Inc. (OTCQB: GSHRF) has embarked on an extensive 21,000-meter grade control drill program at its Moss Gold Project situated in Ontario, Canada. This initiative is crucial in establishing optimal drill spacing that is necessary to upgrade Inferred Mineral Resources prior to conducting a Feasibility Study. The company anticipates that this program will significantly improve the definition of gold mineralization continuity through meticulous variography, thus bolstering resource modeling and classification.
Additionally, the drill program will provide essential samples for feasibility-level metallurgical testing. The company is targeting the conclusion of its Preliminary Economic Assessment (PEA) by the fourth quarter of 2025. The program is part of Goldshore's strategic efforts, funded by a recently completed financing, to further the development of the Moss project.
Michael Henrichsen, CEO and Director of Goldshore, emphasized the importance of this initiative as a fundamental component in progressing towards a Feasibility Study, aided by the forthcoming PEA results expected later this year.
