TSXV:GSHR - Post Discussion
Post by
StockDoctor101 on Nov 16, 2022 1:20pm
GSHR announces MRE at Moss Lake
GSHR announced an impressive mineral resource estimate at Moss Lake that showed: 121.7 Mt at 1.1 g/t Au and 4.17 Moz contained gold. Additionally, the shear domain represents an opportunity for a high-grade open-pit gold resource and there is significant and expansion potential. Moss Lake is also host to 29 additional targets over a 35km trend.
Compared to the 2013 MRE, there's 35% more tonnes and 33% more contained gold ounces.
CEO Brett Richards mentioned "there's a mass of higher-grade gold mineralization that can be prioritized in a potential phase one operation that GSHR can build with a smaller capital requirement." Tons of upside for GSHR over the short and medium term.
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