Insightful article on a Canadian junior gold development company, Goldshore Resources (GSHR.v GSHRF), by Streetwise Reports: https://www.streetwisereports.com/article/2023/11/10/private-placement-funds-gold-company-through-2025.html
Last week, GSHR announced that it has closed its previously announced private placement for aggregate gross proceeds of $3.75M, set to fully fund development through 2025.
The net proceeds will be allocated towards the continued advancement of the Moss Gold Project, through the development of a new resource model and new mineral resource estimation to ultimately be factored into a preliminary economic assessment.
Informative post on GSHR's recent announcement that they closed the $3.75M non-brokered PP that'll fund Moss Lake through the development of a new resource model, a new MRE, + more.
gold grinding higher
#Gold (XAUUSD, $1,966) after a classic successful— Rashad Hajiyev (@hajiyev_rashad) November 16, 2023
retest of the upper band of the descending channel is grinding higher. Would be great to see gold test $2,050 first, consolidate for a couple of weeks and then breakout above triple top... pic.twitter.com/hLDTDxQrXc
Informative write up here on GSHR's announcement of the new strategic partner and non-brokered private placement of $3.75M to fully fund development through 2025.
Interesting video spotlighting Goldshore Resources (GSHR.v GSHRF) and its potential for growth, especially in the context of gold seasonality and the impressive findings from GSHR's Flagship Moss Gold Project. Overall Moss is inferred to contain 6M oz of gold at 1.02 g/t Au.
GSHR recently provided an update on its summer exploration program at Moss Gold which showed that they have identified 5 distinct gold mineralization trends, including polymetallic trends, with a combined strike of over 35 kilometers.
CEO interview - one of the main things he points out about GSHR is the size, scale, and potential of Moss Lake and that when calibrated with their valuation they’re currently trading at $3.50 an ounce which is “probably the lowest per ounce basis valuation of any gold mining junior company with a material resource.”
Here's a thread summarizing a recent GSHR CEO interview on the Moss Lake Gold Project (6M oz MRE) summer field program.
Solid article here that gives a good overview on GSHR's Moss Lake Project and the work they’re completing following the MRE.
GSHR.v/GSHRF recently confirmed that the PEA for its Moss Gold Project (MRE = 6Moz of gold) is on track to be released in Q4 of this year. + It has acquired the Hillcrest Project (8,261 ha) which is only about 20km from Moss.
GSHR will be attending the Precious Metals Summit Beaver Creek next week -
Goldshore and its CEO, Brett Richards, will be attending the Precious Metals Summit Beaver Creek from September 12 to 15.— Goldshore Resources (@GoldShoreRes) August 29, 2023
If you are attending the event and would like to schedule a time to meet, please click here: https://t.co/DJAH4WAcfl#Goldshore $GSHR #JuniorMining pic.twitter.com/f3Fo7s9RGK
“When you look at gold equities, you get leverage to the gold price because you get multiples of that growth. And Goldshore, trading where it is today, and looking at the size and scale and the growth potential of the company, we’re going to deliver exceptional leverage to investors over a short period of time.” - GSHR CEO in a recent BNN article/video.
Watching GSHR. as they progress the PEA at the Moss Lake Project. Here's a recent write up by Streetwise Report on GSHR's recent updates.