- Goldshore Resources Inc. (GSHR) has commenced a 100,000-metre drilling campaign at its Moss Lake Gold Project
- The first drill rig has been mobilized on-site and the company will deploy additional rigs in August to expand the campaign
- Moss Lake is located approximately 100 kilometres west of Thunder Bay
- Goldshore Resources is an emerging junior gold developer
- Goldshore Resources Inc. (GSHR) remains steady, trading at $0.65 per share
Goldshore Resources Inc. (GSHR) has commenced drilling at its Moss Lake Gold Project.
Moss Lake is located approximately 100 kilometres west of Thunder Bay, covering over 14,200 hectares over 282 mining claims.
This drilling is part of a planned 100,000-metre program, which will run through 2021 and 2022.
“This is another milestone achieved in the Goldshore story, as many things had to be coordinated and organized on the ground to allow for drilling to commence on such an expedited timeline,” said Goldshore president and CEO Brett Richards.
Pete Flindell, VP of Exploration, also commented on the new program, remarking, “A lot of work has gone into establishing the foundation and framework for a comprehensive drilling program that we hope will deliver maximum quality results in support next year’s PEA/PFS.”
“We are all excited to be drilling and soon to be delivering results to the market,” added Mr. Flindell.
The company has been working toward this milestone for some time, said Mr. Richards. Work included establishing a technical team, logging, building infrastructure, surveying, and sampling.
The first drill rig has been mobilized on-site and the company will deploy additional rigs in August to expand the campaign.
Goldshore Resources is an emerging junior gold developer and owns the Moss Lake Gold Project in Ontario.
The Moss Lake property hosts a number of gold and base metal-rich deposits, including the Moss Lake Deposit, the East Coldstream Deposit, the North Coldstream Mine, and the Hamlin Zone.
Goldshore Resources Inc. (GSHR) remains steady, trading at $0.65 per share as of 12:50 pm ET.