GSHR upsizes PP to $6M! GSHR recently announced the upsizing of its previously announced brokered private placement offering to up to $6,000,000!
The net proceeds will be used for working capital and future exploration work at GSHR's Moss lake Gold Deposit
Notably, the current NI43-101 compliant inferred resource at Moss Lake stands at 4.17Moz @ 1.1g/t, although, GSHR recently increased the estimate with the continued hitting of targeted parallel shear zones, widening the current mineralization.
The upcoming resource update is now expected to be increased meaningfully once released at the end of this Month, followed by a PEA later in 2023.