Goldshore Resources: Rock Sampling Significantly Expands Known Mineralization Trends
Through a combination of ion leach soil sampling and property-wide mapping, Goldshore Resources’ (TSX.V: GSHR, FSE: 8X00, WKN: A3CRU9) geological team has discovered five new gold mineralization trends at the Moss Gold Project in northwestern Ontario two of which are polymetallic gold-copper trends. They reached a total strike length of 35 kilometers.
The various rock samples are impressive, for example, showing up to 33.7 g/t gold, 0.64 percent zinc and 75.3 ppm molybdenum on the Kawa trend. This trend is parallel to the Moss Main Zone and consists of sheared diorite/volcanic contacts within a new 6.5 kilometers belt 550 meters wide.
Samples of 9.59 g/t gold and 60.6 g/t silver were collected on the Moss trend itself. Samples in diorite-bearing shear zones along strike of the current mineral resource contained 5.0 g/t gold, 96.2 g/t silver and 0.98 percent copper.
The known Hamlin trend has been extended four kilometers to the east and now forms an eight kilometers long polymetallic gold-silver-copper-molybdenum belt with values of, for example, 0.73 g/t gold, 0.14 percent copper, 7.6 ppm bismuth and 7.1 ppm tellurium extended. The width of this trend varies between 400 and 700 metres.
Goldshore Resources identifies numerous parallel structures
A parallel structure was also identified on the Coldstream trend. Here, samples of 1.07 g/t gold and 0.98 percent zinc returned an extension of known mineralization to 800 metres. Samples of 9.79 g/t gold from mafic carbonate sherds were collected on the Benton prospect east of the East Coldstream deposit.
The Vanguard trend is also richly mineralized. Samples taken from it contained 3.97 percent copper, 1.73 g/t gold and 19.1 g/t silver, and 2.94 g/t gold in a nine-kilometer belt of polymetallic VMS copper-zinc-gold-silver mineralization. It now has a width of 120 meters due to the discovery of additional lenses.
President and CEO Brett Richards is confident that future drilling will confirm the potential of the property. As a result, the Goldshore Resources team believes the Moss project represents a large, multi-generational mining camp in the Shebandowan Greenstone Belt.
Disclaimer: GOLDINVEST Consulting GmbH offers editors, agencies and companies the possibility to publish comments, analyses and news on https://www.goldinvest.de. These contents serve exclusively the information of the readers and do not represent any kind of call to action, neither explicitly nor implicitly they are to be understood as assurance of possible price developments. Furthermore, they in no way replace an individual expert investment advice, it is rather promotional / journalistic publications. Readers who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. The acquisition of securities, especially with shares in the penny stock area, carries high risks, which can lead to a total loss of the invested capital. The GOLDINVEST Consulting GmbH and its authors exclude any liability for financial losses or the contentwise warranty for actuality, correctness, adequacy and completeness of the articles offered here expressly. Please also note our terms of use.
Pursuant to §34b WpHG (Securities Trading Act) and according to Paragraph 48f (5) BörseG (Austrian Stock Exchange Act) we would like to point out that principals, partners, authors and employees of GOLDINVEST Consulting GmbH hold or may hold shares of Goldshore Resources and therefore a possible conflict of interest exists. We also cannot exclude that other stock letters, media or research firms discuss the stocks we recommend during the same period. Therefore, symmetrical information and opinion generation may occur during this period. Furthermore, there is a consulting or other service contract between Goldshore Resources and GOLDINVEST Consulting GmbH, which means that a conflict of interest exists.
