What Do We Gain from Canada Becoming 51st State?

If Trump adds Canada as the 51st state, we certainly stand to gain a lot... and the gold resources of Goldshore (TSXV: GSHR) at their 100%-owned Moss Gold Project immediately come to mind. It has 1.54M oz Au (Indicated) at 1.23 g/t Au and 5.20M oz Au (Inferred) at 1.11 g/t Au.

GSHR has completed 19 drill holes for 5,848 meters of the 15,000-meter winter drill program. This includes 14 holes from dry land at the Southwest Zone that have been accessible without any need for a consistent period of winter conditions. These holes successfully intersected shear zone hosted mineralization within the altered diorite package, targeting previously unpopulated resource blocks as defined in the current resource model. Additionally, these holes helped to better define the near-surface extent of the southern margin of the zone, refining our understanding of the margin of the system in this area.

Since late December, work has focused on building ice on Snodgrass Lake and on packing snow over the muskeg areas at Superion and QES. This work has allowed the Company to move the rigs in late January and to complete four drill holes at Superion and, most recently, the first hole at QES Up. Although the program is still in its early stages, drilling has intersected a broad chlorite-epidote-silica altered diorite intrusive with localized sericite-silica sulphide bearing shear zones on the northern flank of the main shear zone corridor.

A third drill rig is being sourced to assist with the upcoming lake ice portion of the drilling program. Further assay results from the in-pit diamond drill program are anticipated by the end of February.

Past performance is not an indicator of future returns. NIA is not an investment advisor and does not provide investment advice. Always do your own research and make your own investment decisions. NIA has received compensation from GSHR of US$30,000 cash for a three-month marketing contract. This message is meant for informational and educational purposes only and does not provide investment advice.