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Goldshore Intersects Additional Mineralization Beneath the Conceptual Open Pit at the Southwest Zone with 22m of 1.30 g/t Au

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Executive Summary

Goldshore Resources Inc. has announced the completion of its 20,000-meter winter drill program at the Moss Gold Project in Northwest Ontario, with encouraging results from the Southwest Zone demonstrating continued mineralization beneath the current conceptual open pit design. The program specifically allocated 5,000 meters to target the area underneath the Southwest Zone pit, successfully intersecting 22 meters grading 1.30 grams per tonne gold, representing above-average resource grades supported by several parallel marginal shears.

The drilling program was strategically designed to infill sparsely drilled areas between the current mineral resource estimate (MRE) conceptual open pit and previously identified high-grade intercepts located beneath the pit shell. This systematic approach reflects the company's methodical expansion of the known mineralized envelope with the explicit goal of adding significant additional ounces to a future resource estimate update.

CEO Michael Henrichsen expressed satisfaction with the program results, highlighting the good widths achieved at above-average resource grades. The successful identification of multiple parallel marginal shears suggests a robust structural control on mineralization that could support expanded resource delineation. The combination of new drilling results with previous intercepts beneath the conceptual open pit provides the company with increased confidence in the potential for meaningful resource growth.

These results position Goldshore favorably for a future mineral resource estimate update, potentially extending the mine life and improving the overall economics of the Moss Gold Project. The successful expansion of mineralization beneath the current pit design demonstrates the exploration upside potential of the property and validates the company's systematic drilling approach to resource expansion.
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