GOLDSHORE RESOURCES INC - GSHRF STOCK NEWS

Goldshore Resources announced a 12-month strategic plan for the Moss Gold Project. Key initiatives include launching a 2,500-meter drill program starting June 2024, completing a Preliminary Economic Assessment (PEA) by Q1 2025, and conducting district-scale exploration, including geochemistry and geophysics over 23 km of mineralized trends. The PEA will focus on a phased production approach, prioritizing internal rate of return (IRR) and minimizing initial capital expenditure (Capex). The company will also develop a permitting plan to advance Moss toward production and engage with indigenous communities. CEO Michael Henrichsen expressed optimism about the project's growth potential and development scenarios, including high-grade starter pits. Further strategic details will be disclosed in the coming weeks.

Goldshore Resources announced that Lutry Investments purchased 413,500 common shares at an average price of $0.266 per share, totaling $110,072.50. This acquisition, completed on June 3, 2024, through the TSX Venture Exchange, increased Lutry's total holdings to 17,425,583 common shares, representing approximately 6.7% of Goldshore's issued and outstanding shares. Prior to this, Lutry held 17,012,083 common shares and 10,000,000 share purchase warrants, representing a 6.5% stake. Post-acquisition, if all warrants are exercised, Lutry's control would rise to approximately 10.10%. The Purchased Shares were acquired for investment purposes, and future transactions will depend on market conditions.

Goldshore Resources announced the purchase of 19,096,083 common shares by SAF Group in a private transaction. This transaction represents an additional 7% of the company's outstanding shares now under the control of long-term supportive shareholders.

CEO Michael Henrichsen highlighted the significance of this strategic placement and the supportive role of SAF Group and Brian Paes-Braga as advisors and shareholders. This move is seen as a critical step in advancing the Moss Gold deposit.

Additionally, Henrichsen has been granted 2,250,000 stock options at $0.225 per share, expiring in May 2029, and 600,000 restricted share units vesting in May 2025.

Goldshore Resources Inc. appoints Michael Henrichsen as Chief Executive Officer, President, and Director, bringing over 20 years of gold exploration and project development experience. Mr. Henrichsen's background includes roles at Newmont , Auryn Resources, and Torq Resources, with significant achievements in exploration and project acquisitions. The Company highlights the growth of the Moss Gold Project's resource estimates under interim CEO Brett Richards and expresses optimism about future developments under Mr. Henrichsen's leadership.

Goldshore Resources Inc. files Technical Report for Moss Gold Project, Ontario, Canada, aiming to de-risk and enhance project valuation. The Company plans metallurgical test work, scoping studies, and a drill program at Vanguard.

Goldshore Resources Inc. announces Brett A. Richards transitioning to Interim CEO and Director to ensure leadership and working capital for the next 24 months. The company remains committed to managing risks in the current capital market environment and making decisions in the best interest of shareholders.

Goldshore Resources Inc. announces an updated mineral resource estimate for the Moss and East Coldstream deposits at its 100%-owned Moss Gold Project in Northwest Ontario, Canada. The 2024 MRE includes 23% Indicated Mineral Resources and an increase in the average grade over the 2023 MRE. The total resource tonnage increased by just under 1% overall over the 2023 MRE, with an approximately 11% increase in overall grade. The 2024 Moss Project MRE update is set to be the foundation for resource growth and development towards Tier One status, leading to a future Preliminary Economic Assessment (PEA).

Goldshore Resources Inc. (TSXV: GSHR) (OTCQB: GSHRF) (FSE: 8X00) provides a corporate update, including progress on Mineral Resource Estimate update, heap leach testing, and preliminary economic assessment. The company also granted incentive stock options and restricted share units to management and directors.

Goldshore Resources Inc. provides an update on the results of its summer exploration program at the Moss Gold Project in Northwest Ontario, Canada. The field crews have identified five unique gold mineralization trends, including two polymetallic Au-Cu trends, with significant assay results. The Moss Trend has been confirmed over an 8-kilometer strike, while the Kawa Trend has a strike length of 6.5 kilometers. The Hamlin Trend has been extended by 4 kilometers, and the Coldstream Trend has been widened to 800 meters. The Vanguard Trend has a 9-kilometer strike length and additional lenses have been discovered. The results confirm the potential for multiple deposits of gold and polymetallic mineralization on the land package. The Moss Gold Project has a inferred resource of 6M oz Au at 1.02g/t. The mineralized corridor is at least 1,000 meters wide.