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Goldshore Intersects 79.0m of 1.28g/t Au at the Southwest Zone of the Moss Deposit: Extends Mineralization from Current Resource Model in the Top 100 Meters from Surface
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2025) - Goldshore Resources Inc. (TSX...
About this update from Gold X2 Mining Inc.
[{"type":"text","content":"Goldshore Intersects 79.0m of 1.28g/t Au at the Southwest Zone of the Moss Deposit: Extends Mineralization from Current Resource Model in the Top 100 Meters from SurfaceVancouver, British Columbia--(Newsfile Corp. - January 17, 2025) - Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) (FSE: 8X00) (\"Goldshore\" or the \"Company\"), is pleased to announce the first assay results from its 15,000 meter drill program at the Moss Gold Project in Northwest Ontario, Canada (the \"Moss Gold Project\"). The primary goal of the winter drill program is to add ounces to the current resource model by extending mineralization in the top 100 - 200 meters from surface within the conceptual open pit, effectively converting waste rock to prospective mineable material and potentially reducing the strip ratio of the deposit. Michael Henrichsen, CEO of Goldshore commented, \"We believe that the results from the first three holes prove our thesis that mineralization can be expanded within the top 100 - 200 meters from surface. We believe that these results have the potential to add to the ounce production profile in the first several years of mine life enhancing the economic performance of the project moving forward. Importantly, the PEA currently being completed by G Mining Services represents a conservative case scenario as it will not include the results from the winter drill program.\"HighlightsResults from the first hole (MMD-24-133), drilled to infill a gap in the resource model at the eastern end of the Southwest Zone under Snodgrass Lake, has expanded the width and increased the grade in a number of mineralized shears in the Southwest Zone with a combined intercept of 79.0m of 1.28 g/t Au from 27.0m, including several discrete higher-grade shear zones: 2.0m of 8.61 g/t Au from 27.0m and32.3m of 1.73 g/t Au from 42.7m, including16.25m of 2.95 g/t Au from 47.3m22.0m of 1.19 g/t Au from 84.0m, including10.0m of 2.13 g/t from 87.0mHole MMD-24-134 was also drilled to infill a gap in the resource model at the eastern end of the Southwest Zone under Snodgrass Lake. Mineralization was extended above the known resource with intercepts of: 21.85m of 0.66 g/t Au from 4.5m, including7.75m of 1.36 g/t Au from 5.0m12.0m of 0.90 g/t Au from 137.0m These results will allow for the modelling of mineralized shear zones to surface and into volumes that are c...