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Goldshore Resources Intersects 117.12m @ 1.26 g/t Au from 1.1m in MMD-21-004
Vancouver, British Columbia--(Newsfile Corp. - December 8, 2021) - Goldshore Resources Inc. (...
About this update from Gold X2 Mining Inc.
[{"type":"text","content":"Goldshore Resources Intersects 117.12m @ 1.26 g/t Au from 1.1m in MMD-21-004Vancouver, British Columbia--(Newsfile Corp. - December 8, 2021) - Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) (FSE: 8X00) (\"Goldshore\" or the \"Company\"), is pleased to announce gold assay results from the holes MMD-21-004 and MMD-21-005 drilled to validate gold mineralization at the Moss Lake gold deposit in Northwest Ontario, Canada.Highlights:Several higher-grade zones within large low-grade envelopes with best intercepts of: 117.12m @ 1.26 g/t Au from 1.1m in MMD-21-004, including42.53m at 1.37 g/t Au from 1.1m,17.00m at 2.40 g/t Au from 57.0m, and26.22m @ 1.63 g/t Au from 92.0m.23.45 m @ 1.54 g/t Au from 302.85m in MMD-21-0048.50m at 2.53 g/t Au from 42.5m, and16.50m at 1.26 g/t Au from 139.5m in MMD-21-005Significant Volume Additions: Mineralization continues to be intersected laterally and at depth, significantly expanding the width and depth of mineralization compared to the 2013 grade model. MMD-21-004 has extended the width and depth of mineralization, relative to the 2013 model, by 38% and 56%, respectively.Expanding Drill Capacity: The Company's drilling contractor, Missinaibi Drilling Services, has mobilized two additional drilling rigs to site, bringing the total active rigs to four. An additional rig is expected on site before Christmas.Brett Richards, President and Chief Executive Officer of Goldshore commented: \"The drilling intercept of 117.12m @ 1.26 g/t Au, essentially from surface, reaffirms our view that the Moss Lake gold project contains a significant volume of +1 g/t Au mineralization that can underpin a meaningful, economic gold deposit. The fact that we are continuing to intersect gold mineralization outside of the volume modelled in 2013 also affirms our belief that the deposit is wider and larger than previously interpreted.\"Technical OverviewFigure 1 shows the location of the project in Northwest Ontario. Figures 2 and 3 and Table 1 summarize the intercepts in MMD-21-004 to 005. Figure 4 and Table 2 show the drill hole location. Figure 1: Location map showing Goldshore's Moss Lake Project relative to the Shebandowan Greenstone BeltTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/8051/107062_0ab16379d4451b19_002full.jpgFigure 2: Drill section through MMD-21-003 (i...