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Goldshore Resources Inc V.GSHR

Alternate Symbol(s):  GSHRF

Goldshore Resources Inc. is a Canada-based growth-oriented gold company, focused on the acquisition and advancement of primary gold assets in tier-one jurisdictions. The Company is focused on the advanced stage 100% owned Moss Gold Project which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled workforce. Its other projects include Vanguard Project and Hillcrest Project. It has an option to earn into the Vanguard Project, located in Ontario, Canada. The Company has staked approximately 390 cell claims covering 8,261 hectares which comprise the Hillcrest Project.


TSXV:GSHR - Post by User

Comment by Sacks2022on Feb 21, 2022 9:09am
109 Views
Post# 34447574

RE:RE:RE:A little back history 1995 article DYODD people

RE:RE:RE:A little back history 1995 article DYODD people If you don't wanna read the whole article 2013 PEA access to roads/highway Access to hydro Access to apro mining town work force Npv 196 million at 5% discount irr 15% based on AISC OF 922 CND (723 us) PER OUNCE. Projected gold price at the time 1670 cnd( 1310) Mine Payback 2 years Life 10 years at 244000 ounces per year and great potential to increase mine life. Today is 2022 almost 10 years later Let's use an exaggerated number of 30% inflation 723 x 1.3 is 940 AISC is 217 increase Gold price 1900- 1310 is 590 Gold increase minus inflation 590 -217 is 373 extra per ounce The economics are looking sound to me
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