DD on $GSHR & March News Did some DD on Goldshore Resources ($GSHR $GSHRF) after hearing about them a few times and they're looking promising, especially with a solid news-filled month:
Most recently, $GSHR recently announced a brokered private placement for aggregate gross proceeds of up to $10M. Expected to close on or about April 6, 2022, $GSHR has the intention to use the proceeds for future exploration work at its Moss Lake Project.
This announcement follows two previous announcements regarding Moss Lake geophysical models and high-grade gold assay results. The models showed 11 new chargeability targets, increasing the potential combined strike length from 2.5km to 11km, as well as 6 folded magnetic targets with East Coldstream gold deposit signature and 12 magnetic conductors suggesting additional copper prospects.
Plus, $GSHR recently announced high-grade gold assay results from the Moss Lake Gold Deposit:
- 58.85m @ 6.30 g/t Au from 103.3m including 4.35m @ 61.1 g/t Au from 103.3m and 9.30m @ 8.76 g/t Au from 139.9m
- 19.0m @ 3.33 g/t Au from 359m
- Broad mineralized zone averaging 0.81 g/t Au over 274.7m from 103.3m
Overall, $GSHR is looking solid IMO as the Moss Lake Gold Project seems like a promising asset with untapped exploration upside, a 4M oz historical reserve, and a +20km mineral trend.
https://goldshoreresources.com/moss-lake/