The markets keep generating mixed to negative signals: on one side you have high inflation causing lowering demand, higher interest rates, the Federal Reserve shrinking its balance sheet, a record credit crunch, banking crisis, deflating bubbles like real estate, decreasing manufacturing, port activities, lowering wages (although in Europe there is a wage-price spiral going on), in short everything points towards a recession.

As banks are getting into trouble left and right, with central banks saving bank customers (SVB) and lending up to US$54B (Credit Suisse) at the last minute in order to avoid a financial Armageddon, gold is doing well as the fear trade is on again, Goldshore Resources (TSXV:GSHR)(OTCQB:GSHRF)(FWB:8X00) keeps on churning out solid drill results at their fully owned flagship Moss Lake project in Ontario.

1. Introduction

In a time where large gold deposits are becoming increasingly rare, Goldshore Resources (TSXV:GSHR)(OTCQB:GSHRF)(FWB:8X00) set the bar high for themselves. After being guided by a 4M oz Au historic resource, Goldshore announced a robust NI43-101 compliant Inferred 4.17Moz @ 1.1g/t gold current resource in November 2022 at their fully owned flagship Moss Lake project in Ontario.