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Goldshore Announces Ausenco Selected as Lead Engineering Firm to Conduct Preliminary Economic Assessment at the Moss Gold Project
Vancouver, British Columbia--(Newsfile Corp. - May 17, 2023) - Goldshore Resources Inc. (TSXV: G...
About this update from Gold X2 Mining Inc.
[{"type":"text","content":"Goldshore Announces Ausenco Selected as Lead Engineering Firm to Conduct Preliminary Economic Assessment at the Moss Gold ProjectVancouver, British Columbia--(Newsfile Corp. - May 17, 2023) - Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) (FSE: 8X00) (\"Goldshore\" or the \"Company\"), is pleased to announce that it has selected Ausenco Engineering Canada Inc. (\"Ausenco\") as its lead engineering firm to conduct the preliminary economic assessment (\"PEA\") at the Moss Gold Project in Northwest Ontario, Canada (the \"Moss Gold Project\"). Goldshore's VP Exploration, Pete Flindell stated: \"We are pleased to be working with Ausenco on the Moss Gold Project's PEA following our successful collaboration on the recent metallurgical test program. We feel that Ausenco understands our philosophy of integrated mine and process optimization to define the most efficient and cost-effective project. Ausenco also shares our vision for a project the Company can realistically build, while preserving process optionality, tremendous upside and future mine life growth.\"More information will be made available as the Moss Gold Project PEA is conducted.Securities for Debt TransactionThe Company also announces that it has issued 3,018,572 units (the \"Debt Settlement Units\") pursuant to the Securities for Debt Transaction announced on April 5, 2023 to settle certain outstanding accounts payable in the aggregate amount of $513,157.18 (the \"Debt\") owing to a creditor (the \"Creditor\"). The Debt Settlement Units have the same terms as the Units issued pursuant to the Offering that closed on April 13, 2023.Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.About AusencoAusenco is a global diversified engineering, construction and project management company providing consulting, project delivery and asset management solutions to the resources, energy and infrastructure sectors. Ausenco's experience in gold projects ranges from conceptual, pre-feasibility and feasibility studies for new project developments to project execution with EPCM and EPC delivery. Ausenco is currently engaged on a number of global projects with similar characteristics and opportunities to the Moss Gold Project.About GoldshoreGoldshore is an emergin...