Goldshore Resources Inc. announced gold assay results from holes MMD-21-006 and MQD-21-009, which continue to validate gold mineralization from the Moss Lake Gold Deposit in Northwest Ontario, Canada. Intersections calculated above a 0.3 g/t Au cut off with a top cut of 30 g/t Au and a maximum internal waste interval of 10 metres. Shaded intervals are intersections calculated above a 1.0 g/t Au cut off with a top cut of 30 g/t Au.

Intervals in bold are those with a grade thickness factor exceeding 20-gram x metres /tonne gold. True widths are approximate and assume a subvertical body. MMD-21-006 was drilled at -50° near the southwest end of the known Main Zone as a twin of drillhole 90-223 drilled in 1990.

It has taken considerable time to complete because of problems drilling through overburden. The hole was terminated 65 meters before the target depth because of difficult ground conditions but has successfully drilled through the mineralized target. The hole remains unsurveyed, as the Company's drilling contractor has had problems recovering a stuck rod string.

Despite the drilling problems, the hole did intersect the targeted main diorite intrusion between 160 and 436 meters (276 meters downhole width). This is hosted in a folded sequence of felsic to intermediate volcaniclastic strata intruded by smaller diorite and granodiorite dikes. Broad stretches of moderate to intense silica-sericite±albite±pyrite alteration and quartz-carbonate veinlets, which contain significant gold mineralization, are related to structures and rock contacts.

The HQ twin hole drill program was designed to evaluate potential sampling issues in the older holes that were drilled with BQ and NQ core gauges. The results from MMD-21-006 (HQ) and 90-223 (NQ) compare favorably and suggest that sampling issues are less important than the local grade variations that are expected in gold deposits. A comparison based on geological rather than grade intervals shows that the main altered and mineralization diorite contains 231.9m @ 0.57 g/t Au from 160 meters in MMD-21-006 and 233.0m @ 0.58 g/t Au from 167 meters in 90-223 using a 10 g/t Au top cut to reduce the impact of individual +5 g/t Au assays.

MQD-21-009 is the first drill hole in the QES Zone approximately 1,600 meters east of MMD-21- 006. The hole, drilled at -45°, is a twin of drillhole 90-209 drilled in 1990. It remains unsurveyed, as the Company's drilling contractor has had problems with the engine on their two new VD5000 diamond drill rigs.

MQD-21-009 was allowed to run to over 1,000 meters depth to investigate potential mineralization in the wall rock to the QES Zone defined by the 2013 Mineral Resource estimate. It intersected the target diorite intrusion between 75 and 690 meters within the folded sequence of felsic to intermediate volcaniclastic strata with occasional diorite and diorite porphyry dikes well beyond the main diorite intrusion. The diorite body is intensely silica-sericite±albite±pyrite altered.

It exhibits highly sheared and mylonitic sections up to 10 meters wide, as well as multiple, broad (>20 meters wide) zones with highly foliated and densely sheeted quartz-carbonate veinlets. The results from MQD-21-009 (HQ) and 90-209 (NQ) compare favorably and suggest that sampling issues are less important than the local grade variations that are expected in gold deposits. A comparison based on geological rather than grade intervals shows that the main altered and mineralization diorite contains 132.0m @ 0.72 g/t Au from 141 meters in MQD-21- 009 and 128.0m @ 0.74 g/t Au from 164 meters in 90-209.