More newsConclusion: With the new resource estimate, which we believe is compelling, Goldshore Resources has begun to show the full extent of the Moss Gold project - and the potential for a high-grade resource that can be mined by open pit. And, as today's press release states, that’s at a discovery cost of just about $10 Canadian per inferred ounce of gold - acquisition costs and operating expenses included!
All this, however, so far concerns only a small part of the (potential) mineralization on the project area, because Goldshore has 29 (!) further drill targets, among them several gold targets but also four "interesting" industrial and battery metal targets. For now, however, the company is focusing on preparing a Preliminary Economic Assessment for the Moss Gold Project, which is expected to be released later this year. The initial studies for this are already underway and Goldshore Resources will announce a more specific release date once they can better estimate the scope of work needed now that the new resource estimate is available.
https://goldinvest.de/weitere-meldungen/goldinvest-english-news/goldshore-resources-new-resource-estimate-comes-to-6-million-ounces-of-gold