Goldshore Resources intersects Three +1 g/t Au Zones over 810m at Moss Lake

Goldshore Resources Inc. has announced gold assay results from hole MMD-21-007, which continues to demonstrate gold mineralization from the Main Zone of the Moss Lake Gold Deposit in Northwest Ontario. Significantly, the results suggest a new parallel zone to the southeast that has not been previously tested.

Highlights:

• Continued high grade structures intersected at Main Zone: high-grade mineralized structures occur within a larger envelope of +0.3 g/t Au mineralization and include:

• 36.75m @ 1.27 g/t Au from 37.5m
• 8.0m @ 3.51 g/t Au from 80.0m
• 11.0m @ 1.23 g/t Au from 242.0m and
• 37.0m @ 1.09 g/t Au from 268.0m

• New parallel zone indicated: mineralization was intersected in a second altered diorite intrusion near the end of MMD-21-007, suggesting that the Main Zone is some 200 meters or 48% wider than the 420m width modelled in 2013. High-grade mineralized intercepts include: 

• 12.0m @ 1.15 g/t Au from 695.0m and
• 32.0m @ 1.55 g/t Au from 769.0m

• Step out drilling has begun: Drilling has begun testing step out targets aiming to expand the deposit beyond the strike of the current mineralization envelope. This drilling will run concurrently with the resource development drilling of the main deposit.

Brett Richards, President and Chief Executive Officer of Goldshore commented: "The intersection of several +1 g/t Au zones, essentially from surface, reaffirms our view that the Moss Lake Gold Project contains a significant volume of +1 g/t Au mineralization that can underpin a meaningful update to the historic 2013 preliminary economic assessment later this year. The fact that we are continuing to intersect gold mineralization outside of the volume modelled in 2013, also affirms our belief that the deposit is significantly larger than previously interpreted."

Tags: Northern Ontario / Exploration / Gold / All Articles