GSHR Greatly Increases Inferred Moss Gold Project Resource Goldshore Resources Inc.(GSHR.v GSHRF) recently shared an updated mineral resource estimate for its Moss Gold Project which increased its inferred resource by 44% to 6.00 million ounces of gold at a grade of 1.02 grams per tonne, within 183.6 million tonnes.
The Moss deposit has seen a 24% increase in contained gold ounces and a 32% increase in tonnes compared to the previous estimate, with a total of 5.42 million ounces of gold at a grade of 1.03 grams per tonne.
The shear domain within the Moss deposit has shown a 52% increase in contained metal and a 63% increase in tonnage, with 3.35 million ounces of gold at a grade of 1.84 grams per tonne.
The East Coldstream deposit, a new addition to the mineral resource estimate, has 580,000 ounces of gold at a grade of 0.91 grams per tonne.
GSHR plans to conduct further studies and a preliminary economic assessment later this year to support the development of the project.
There is also potential for exploration and expansion on the 8-kilometer-long belt where gold mineralization has been sparsely drilled.
More info as well as an interview with GSHR's CEO here:
https://ca.finance.yahoo.com/news/goldshore-resources-inc-discusses-mineral-135200871.html