Goldshore extends mineralization at Moss Deposit and Kawa Trends
Goldshore Resources Inc. has announced assay results from the 2024 field programs that concentrated on extending mineralization along the Moss trend, and evaluating the exploration potential along the Kawa trend through rock chip and channel sampling and through assaying unsampled historical drill core (Figures 1 & 2). The Company plans to conduct systematic top of bedrock sampling and ground based induced polarization geophysical surveys over these prospective shear zones in the future to develop robust drill targets.
Sampling has focused on largely undercover areas, yielding favorable results including the following:
- Discovery of additional high grade mineralized areas north of the Moss Deposit at the Superion and West Span prospects including grab assays of 15.4 g/t Au and 10.5 g/t Au.
- Discovery of a new mineralized shear outside of the drilling envelope close to the Southwest Zone of the Moss Deposit returning a surface assay of 12.3 g/t Au.
- Expanded mineralized intercepts at the Moss Nose and Kawa prospects through assaying of unsampled historical drill core returning individual values as high as 7.88 g/t Au over 0.65m in ML-02-001.
- Additional mineralized outcrops discovered at the Moss Nose prospects with grab samples returning up to 3.39 g/t Au.
- Identified mineralization at surface over 4.5km along the Kawa trend with channel samples at the Deaty prospect returning 0.92 g/t over 2.85m.
Michael Henrichsen, CEO of Goldshore commented, "The results from the rock chip and channel sampling programs in conjunction with assaying unsampled historical drill core has demonstrated the potential within the Moss Deposit area. These results re-enforce not only our belief of the ability to extend the Moss Deposit but also the discovery potential in the area. The Company's technical team is currently designing a program to efficiently evaluate the 23 km of prospective structural corridors in the Moss Deposit area where we believe there is excellent potential for a new discovery."
Review of regional historical drill core:
Goldshore's Moss Nose and Kawa trend targets were initially drilled in the early 2000s by then project holder Moss Lake Gold Mines ("MLGM"). Goldshore has relogged the MLGM core and noted strong similarities between the diorite complex which hosts the Moss Deposit and the diorites present at both the Moss Nose and Kawa targets. Goldshore assayed 477 samples to fill in significant gaps in the original MLGM sampling to better define the widths and grade of the historical drilling. Assay results returned elevated Au values which expand the known mineralized zones at both targets with values as high as 7.88 g/t Au over 0.65m in ML-02-001 underscoring the difficulty of visually identifying mineralization (Figure 1). Trace element values within the diorites of the Moss Nose and Kawa trends are very similar to those of the Moss Deposit demonstrating the prospectivity of the host rocks at these target areas. Updated significant intercepts resulting from the assaying of unsampled historical drill core are presented in Table 1 and demonstrate intervals that could be on the margins of higher-grade zones as observed at the margins of the Moss Deposit.
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