Dear subscriber,
Although Goldshore Resources has experienced a rough year so far due to various reasons, recent events could indicate a turning point. Management finally reeled in a strategic investor, which provided C$3M in a raise, that could increase to C$3.75M. The new investor acknowledges the exploration potential, but shows pragmatism as well, as they preferred a re-scoping of the project towards a smaller, higher grade conventional operation as a base case with a lower capex, with the option to add a potential heap leach operation for the lower grade part of the resource, for which met test work needs to be completed first. Read more about it here:
Goldshore Resources Finally Finds Strategic Partner, Raises Up To C$3.75M
Regards,
The Critical Investor