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Goldshore Announces Strong Initial Drilling Results from the East Coldstream Deposit 13 Kilometers Northeast of Moss Lake
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2022) - Goldshore Resources Inc. ...
About this update from Gold X2 Mining Inc.
[{"type":"text","content":"Goldshore Announces Strong Initial Drilling Results from the East Coldstream Deposit 13 Kilometers Northeast of Moss LakeVancouver, British Columbia--(Newsfile Corp. - September 12, 2022) - Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF)  (FSE: 8X00) (\"Goldshore\" or the \"Company\"), is pleased to announce assay results from eight holes drilled to test gold mineralization at the East Coldstream deposit at the Moss Lake Project in Northwest Ontario, Canada (the \"Moss Lake Gold Project\").Highlights:Results for eight holes, drilled to better define the gold mineralization of the East Coldstream deposit, have confirmed three broad lenses of gold mineralization within the two main shear zones with best intercepts of: 23m @ 1.34 g/t Au from 244m depth in CED-22-004, including7.35m @ 3.77 g/t Au from 254.2m17.3m @ 1.55 g/t Au from 487m depth in CED-22-00520m @ 1.15 g/t Au from 402m depth in CED-22-00626m @ 1.66 g/t Au from 451m, including7.9m @ 4.20 g/t Au from 465m25.7m @ 2.07 g/t Au from 488m37.05m @ 1.54 g/t Au from 209.3m depth in CED-22-00727.9m @ 1.14 g/t Au from 387m depth in CED-22-008, including13m @ 2.14 g/t Au from 401mThe better intercepts are all centered around five high-grade gold zones of mineralized breccia, including:1.05m @ 15.8 g/t Au from 257.95m depth in CED-22-0040.9m @ 14.3 g/t Au from 472m depth in CED-22-006, and0.65m @ 13.5 g/t Au from 502m0.85m @ 10.6 g/t Au from 244.35m depth in CED-22-007, and0.4m @ 12.6 g/t Au from 418mThese results show that the three gold mineralized lenses have a clear steep plunge and highlight significant upside potential at depth within structurally controlled shoots.President and CEO Brett Richards stated: \"These first results are extremely encouraging and significant to the overarching strategy of developing a secondary resource to Moss Lake. This will provide optionality that can only help improve the new PEA study next year. The results also point to a second significant project within our land package, which highlights the potential for further discoveries.\"Technical OverviewFigure 1 shows the location of the East Coldstream deposit relative to the Moss Lake deposit and the Archean Shebandowan Greenstone Belt. Table 1 and Figure 3 show the significant intercepts. Table 2 and Figure 2 show the drill hole locations. Figures 4 and 5 show a cross section through CED...