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Goldshore Enhances Leadership Team with Board and Executive Appointments

Dec 2, 2024


Goldshore Resources Inc. has announced the addition of Dr. David Stone to its Board of Directors, bringing over 40 years of mining engineering and financial consulting experience to the Company. At the same time, Goldshore welcomes Sam Gibson as the new Vice President of Corporate Development, strengthening its corporate development and capital markets expertise.

“I am pleased to welcome both David Stone to our Board of Directors and Sam Gibson as our new VP of Corporate Development as we strengthen the technical and financial capabilities within the Company,” said Michael Henrichsen, Goldshore CEO. “David’s mining engineering skill set is a key addition to our Board, and his guidance will be invaluable as we advance the Moss Deposit. Meanwhile, Sam’s experience in mining finance will be key in supporting our corporate objectives to advance the Moss Deposit at a rapid pace within the current gold market. Together, they bring a broadened skill set to the Company to drive project advancement and value creation for our shareholders.”

Dr. Stone’s extensive background includes overseeing pre-feasibility and feasibility studies for global mining projects and contributing to the engineering, design, and construction of significant operations, including the Lihir Mine in Papua New Guinea and the Mesquite Mine in California. His expertise spans technical and financial due diligence, capital planning, and multi-disciplinary project management.

Sam Gibson, a seasoned finance professional, joins the team with over a decade of experience in resource-focused institutional sales, investment banking, and asset management. As former Director and Head of Mining Sales at National Bank Financial, Gibson played a pivotal role in expanding the firm’s mining franchise into international markets.

Additionally, Goldshore has announced the retirement of Brandon Macdonald from the Board of Directors, expressing gratitude for his contributions to the Company’s growth and wishing him success in future endeavors.

Equity Grant Details

Goldshore’s Board has approved the issuance of 6,950,000 incentive stock options and 2,637,500 restricted share units to directors, officers, employees, and consultants. The options, exercisable at $0.38 per share, will vest in three equal installments through 2027. Restricted share units will vest on November 28, 2025.

About Goldshore

Goldshore Resources Inc. is a growth-focused gold company advancing its Moss Gold Project in Ontario, Canada. With over $60 million invested and 235,000 meters of drilling completed, the project boasts an updated NI 43-101 mineral resource estimate of 1.54 million ounces of Indicated gold resources and 5.20 million ounces of Inferred gold resources. Positioned with excellent infrastructure and a robust local workforce, the project is primed for rapid development along its 35+ kilometer mineralized trend.



Tags: Northern Ontario / Operational Updates / Gold / All Articles