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Goldshore Resources ( (TSE:GSHR) ) has issued an announcement.
Goldshore Resources Inc. announced promising results from its 15,000-meter drill program at the Moss Gold Project, Northwest Ontario. The program’s aim is to expand gold mineralization within the top 100-200 meters from the surface, potentially enhancing the economic performance of the mine by increasing the resource model and reducing waste. Initial findings from the drill program have shown significant gold intercepts, indicating potential for increased gold production in the early years of the mine’s life, although these results are not yet included in the current Preliminary Economic Assessment.
More about Goldshore Resources
Goldshore Resources Inc. operates in the mining industry, focusing on the exploration and development of gold deposits. The company is actively engaged in projects in Northwest Ontario, Canada, with a market focus on expanding and optimizing its mineral resources.
YTD Price Performance: 6.67%
Average Trading Volume: 41,335
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $53.53M
See more data about GSHR stock on TipRanks’ Stock Analysis page.
