Mr. Brett Richards reports

GOLDSHORE ANNOUNCES FILING OF UPDATED TECHNICAL REPORT FOR THE MOSS LAKE PROJECT

Further to its press release of May 8, 2023, Goldshore Resources Inc. has confirmed that it has filed, pursuant to National Instrument 43-101, Standards of Disclosure for Mineral Projects, a technical report titled "NI 43-101 Technical Report -- Mineral Resource Estimate for the Moss Lake Project, Ontario, Canada," in connection with the 100-per-cent-owned Moss gold project in Northwestern Ontario, Canada. The technical report was prepared by Neal Reynolds, FAusIMM, MAIG, and Matthew Field, PrSciNat, of CSA Global Consultants Canada Ltd. The technical report has an effective date of May 5, 2023. The technical report is available on SEDAR and is posted on the company's website.

In addition, further to its press release of May 17, 2023, Goldshore is working with Ausenco Engineering Canada Inc. as its lead engineering firm to conduct the preliminary economic assessment (PEA) at the Moss gold project. Goldshore's vice-president, exploration, Pete Flindell, stated: "Goldshore is reviewing high-level scoping studies with Ausenco in order to identify the optimum project for the PEA. With high-grade shears in low-grade altered wall rock, three viable process routes, and varying mining scales and rates, there are dozens of options that are being carefully evaluated, as the likely optimum project will be a staged hybrid rather than a simple mine-to-mill operation. We look forward to final PEA results in Q4 of this year."

About Goldshore Resources Inc.

Goldshore is an emerging junior gold development company and owns 100 per cent of the Moss gold project located in Ontario. Wesdome Gold Mines Ltd. is currently a large shareholder of Goldshore, and the company is supported by an industry-leading management group, board of directors and advisory board. Goldshore is positioned to advance the Moss gold project through the next stages of exploration and development.

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