Goldshore Resources Inc. (TSX-V: GSHR) (OTCQB: GSHRF) (FWB: 8X00), is pleased to announce its latest assay results from its ongoing 15,000-meter drill program and first results from the Superion prospect on the north side of the Moss Gold Project in Northwest Ontario, Canada.  The encountered mineralization at the Superion target is situated at the margin of the conceptual open pit at 60 meters depth; the Company believes this target has the potential to significantly add to the current mineral resource estimate within the top 200 meters from surface with continued drilling and to reduce the overall strip ratio of the deposit.

Michael Henrichsen, CEO of Goldshore commented, “We are very pleased with our first drill hole into the Superion target.  The high grades encountered at shallow depths extending mineralization 350 meters vertically upward from a deep 2022 intercept clearly demonstrates the potential for resource growth at Moss and has the potential to significantly impact the economic performance of the deposit moving forward. The current 15,000-meter winter drill program is delivering outstanding results, exceeding our expectations and highlighting the potential for a much larger mineralized system which will be pursued in the near future through additional drilling.”

Highlights

Superion Target

• First results from the Superion prospect with MQD-25-148 have discovered a new gold-mineralized shear approximately 60m from surface and 225m north of the QES Zone with an intercept of:
  • 17.6m of 3.03 g/t Au from 76.4m, including
    • 6.8m of 7.06 g/t Au from 79.1m

• Scout drilling continues at Superion exploring the 1,500m by 400m sparsely tested and muskeg-covered area immediately north of the QES Zone where previously extended QES holes, from Goldshore’s drilling in 2021 and 2022, have intersected the Superion structure at depth with the following intercepts:
  • 16.0m of 2.69 g/t Au from 477m in MQD-22-014, including
    • 5.25m of 7.87 g/t Au from 477.75m
  • 40.0m of 0.71 g/t Au from 607m in MQD-21-009, including
    • 7.85m of 1.18 g/t Au from 607m and
    • 9.0m of 1.42 g/t Au from 638m

Southwest Zone

• Two of three drill holes continued to extend mineralized shears toward surface at the Southwest Zone with intercepts of:
  • 10.0m of 0.79 g/t Au from 50.0m in MMD-25-144, and
  • 12.0m of 0.98 g/t Au from 76.0m, including
    • 3.6m of 2.77 g/t Au from 79.0m
  • 27.0m of 0.44 g/t Au from 32.0m in MMD-25-145, and
  • 6.0m of 1.34 g/t Au from 141.0m, including
    • 3.8m of 1.89 g/t Au from 142.2m, and
  • 35.35m of 0.41 g/t Au from 263.0m

Technical Overview

Figure 1 shows the location of the drill holes being reported with respect to the planned winter drill program, while Figure 2 illustrates a cross section through drill hole MQD-25-148 that demonstrates significant mineralization on the northern flank of the current mineral resource. Tables 1 & 2 summarize significant intercepts and drill hole locations, respectively.

Figure 1:  Illustrates the 2025 ongoing winter drill program targeting resource expansion within the conceptual open pit outlined in grey.  Drill holes being reported are highlighted in red.

Figure 2: Drill section through MQD-25-148 illustrating the discovery of a new high-grade gold-mineralized shear that potentially connects with shears intercepted at 400-450 meters depth on the northern side of the QES Zone

Drilling at the Superion target aims to quantify the near surface potential of previous deep intercepts and untested soil anomalies north of the QES Zone across a 1,500m x 400m area of sparsely tested muskeg. A significant portion of this area lies within the conceptual open pit and is currently flagged as waste material. Any discoveries in this area will immediately reduce the potential strip ratios and potentially support an overall expansion of the QES conceptual open pit.

Hole MQD-25-148 was drilled to test the immediate up dip potential of shears intersected in hole MQD-22-014, which was previously extended past the QES Zone, and intersected 16.0m of 2.69 g/t Au from 477m in MQD-22-014, including 5.25m of 7.87 g/t Au from 477.75m.Hole MQD-25-148collared into a wide zone of generally undeformed epidote-chlorite altered diorite containing 2-3% pyrite before encountering a series of close spaced shear zones  containing strong sericite-silica alteration, numerous highly deformed cm-scale quartz veins and 4-5% pyrite-chalcopyrite mineralization from 82.15-93.45m. The hole returned to an epidote-chlorite diorite with 2-3% pyrite and 10cm scale patches of strong silicification for the remainder of the hole.

The shear zone returned a significant high-grade interval of 17.6m of 3.03 g/t Au & 9.62 g/t Ag from 76.4m including 6.80m of 7.06 g/t Au & 23.9 g/t Ag from 79.1m (Figure 3). The 1:3 Au-Ag ratio in these results is notably higher than the typical 1:1.5 Au-Ag ratio encountered at the Moss Deposit, highlighting the need to resample historical drill core to build the silver database as it has the potential to add value to the Moss Gold Project.

Figure 3: Hole MQD-25-148: Wide high-grade strongly sheared sericite-silica altered diorite within a broad epidote-chlorite altered diorite intrusion returning 17.6m of 3.03 g/t Au & 9.62 g/t Ag from 76.4m.

Drilling at the Southwest Zone continues its focus on adding to the mineral resource by infilling gaps within the current model created by sparse drilling. Drilling at shallow depths of 100-200 meters will allow for mineralized shear zones to be extended to the surface. Drilling at depths of 200 to 400 meters will allow the expansion of the open pit resource to a similar depth as the Main-QES pit (~500 meters).

Hole MMD-25-143 was drilled beneath shallowly defined mineralization from the eastern side of the Southwest Zone collaring into a sequence of brecciated dacitic volcanic rocks with a swarm of narrow chlorite altered diorite dykes. At 140m depth, the hole entered the typical altered and locally sheared diorite package for the remainder of the hole yielding intercepts such as 10.8m of 0.43 g/t Au from 155.2m and 18.6m of 0.56 g/t Au from 256.5m, including 2.0m of 1.40 g/t Au from 266.0m.

Holes MMD-25-144 and MMD-25-145 collared in the centre of the Southwest Zone and drilled towards the southeast to extend the previously defined shear zones toward surface. Both holes collared into the wide multi-stage silica-sericite and epidote-chlorite altered diorite intrusion package, as is typical of the peripheral areas of the Southwest Zone, yielding broad lower grade intercepts such as 12.0m of 0.98 g/t Au from 76.0m, including 3.6m of 2.77 g/t Au from 79.0m in MMD-25-144, and 35.35m of 0.14 g/t Au from 263m, before ending in the dacitic volcanic rocks depicting the end of the zone.

Table 1: Significant intercepts

Table 2: Drill Collars

Analytical and QA/QC Procedures

All samples were sent to ALS Geochemistry in Thunder Bay for preparation and analysis was performed in the ALS Vancouver analytical facility. ALS is accredited by the Standards Council of Canada (SCC) for the Accreditation of Mineral Analysis Testing Laboratories and CAN-P-4E ISO/IEC 17025. Samples were analysed for gold via fire assay with an AA finish (“Au-AA23”) and 48 pathfinder elements via ICP-MS after four-acid digestion (“ME-MS61”). Samples that assayed over 10 ppm Au were re-run via fire assay with a gravimetric finish (“Au-GRA21”).

In addition to ALS quality assurance / quality control protocols, Goldshore has implemented a quality control program for all samples collected through the drilling program.  The quality control program was designed by a qualified and independent third party, with a focus on the quality of analytical results for gold. Analytical results are received, imported to our secure on-line database and evaluated to meet our established guidelines to ensure that all sample batches pass industry best practice for analytical quality control. Certified reference materials are considered acceptable if values returned are within three standard deviations of the certified value reported by the manufacture of the material. In addition to the certified reference material, certified blank material is included in the sample stream to monitor contamination during sample preparation. Blank material results are assessed based on the returned gold result being less than ten times the quoted lower detection limit of the analytical method. The results of the on-going analytical quality control program are evaluated and reported to Goldshore by Orix Geoscience Inc.

Qualified Person

Peter Flindell, PGeo, MAusIMM, MAIG, Vice-President, Exploration, of the Company, and a qualified person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has approved the scientific and technical information contained in this news release.

Mr. Flindell has verified the data disclosed.  To verify the information related to the winter drill program at the Moss Gold Project, Mr. Flindell has visited the property several times; discussed and reviewed logging, sampling, bulk density, core cutting and sample shipping processes with responsible site staff; discussed and reviewed assay and QA/QC results with responsible personnel; and reviewed supporting documentation, including drill hole location and orientation and significant assay interval calculations. He has also overseen the Company’s health and safety policies in the field to ensure full compliance, and consulted with the Project’s host indigenous communities on the planning and implementation of the drill program, particularly with respect to its impact on the environment and the Company’s remediation protocols.

About Goldshore

Goldshore is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions. It is led by the ex-global head of structural geology for the world’s largest gold company and backed by one of Canada’s pre-eminent private equity firms. The Company’s current focus is the advanced stage 100% owned Moss Gold Project which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled workforce. The Company has invested over $60 million of new capital and completed approximately 80,000 meters of drilling on the Moss Gold Project, which, in aggregate, has had over 235,000 meters of drilling. The 2024 updated NI 43-101 mineral resource estimate has expanded to 1.54 million ounces of Indicated gold resources at 1.23 g/t Au and 5.20 million ounces of Inferred gold resources at 1.11 g/t Au. The MRE only encompasses 3.6 kilometers of the 35+ kilometer mineralized trend, remains open at depth and along strike and is one of the few remaining major Canadian gold deposits positioned for development in this cycle. Please see NI 43-101 technical report titled: “Technical Report and Updated Mineral Resource Estimate for the Moss Gold Project, Ontario, Canada,” dated March 20, 2024 with an effective date of January 31, 2024 available under the Company’s SEDAR+ profile at www.sedarplus.ca.  For more information, please visit SEDAR+ (www.sedarplus.ca) and the Company’s website (www.goldshoreresources.com).