Goldshore Resources Inc. announced assay results from its ongoing 100,000-meter drill program at the Moss Lake Project in Northwest Ontario, Canada. Technical Overview - Results have been received for seven holes that have infilled a poorly drilled volume of the QES Zone over a strike length of 500 meters and at a depth of 300 to 500 meters. This corresponds to the base of the constraining pit shell to the 2022 mineral resource and is an addition of drill data 100-200 meters beneath most of the drilling in the area.

The results confirm the geological interpretation that multiple higher-grade shears are hosted within a greater volume of low-grade intrusion host and that this model extends at depth. The addition of structural data at depth and along strike will allow for improved modelling of the shear system and increased confidence in the mineralization, which should allow for an expansion of the Mineral Resource in this area. As with previous drill holes, the intercepts reported herein include several narrow high-grade intercepts that mark the approximate centerline of shears.

Examples include: 11.3 g/t Au over 1.6m from 507.05m depth in MQD-22-062; 10.4 g/t Au over 1m from 529m in MQD-22-070; 21.0 g/t Au over 0.45m from 522m, 23.6 g/t Au over 0.45m from 526.8m, 14.1 g/t Au over 0.5m from 536m, 13.8 g/t Au over 1m from 549m and 11.5 g/t Au over 0.45m from 571m depth in MQD-22- 072; 15.0 g/t Au over 0.4m from 580.85m in MQD-22-094 and 11.0 g/t Au over 0.6m from 636.6m in MQD-22-097. The observation of parallel shears outside of the diorite intrusion, as noted near the collar of MQD-22-094, implies that the mineralized system extends beyond the limits of intrusion. This suggests substantial exploration potential, particularly where the mineralized shears might transect additional, but yet unmapped, intrusions.

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 analyzed for gold via fire assay with an AA finish 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 ("QA/QC") 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 secure on-line database and evaluated to meet 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.