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Rocky Shore Gold Reveals New Mineral Resource Estimates for Gold Anchor Project

Rocky Shore Gold Ltd. has announced new mineral resource estimates for its Gold Anchor Project in central Newfoundland. These estimates cover the Mosquito Hill and Reid deposits, revealing significant quantities of gold resources. Mosquito Hill boasts 13.13 million tonnes of indicated resources grading 0.46 grams per tonne (g/t), equating to 194,853 ounces of gold. Meanwhile, it holds 39.44 million tonnes of inferred resources at 0.42 g/t, translating to 533,867 ounces. The Reid deposit shows 5.38 million tonnes of indicated resources at 0.52 g/t, totaling 90,450 ounces, alongside inferred resources of 5.99 million tonnes at 0.46 g/t, comprising 89,218 ounces.

These deposits demonstrate potential for expansion. The Mosquito Hill deposit has a thickness averaging 102.31 meters and a strip ratio of 1.5 to 1, while Reid averages 89.59 meters thick with a strip ratio of 1.4 to 1. Both deposits may expand further into adjacent areas and deeper levels. The estimates were prepared by Caracle Creek, following Canadian Institute of Mining standards. Rocky Shore plans extensive exploration to expand current estimates, including geophysical surveys and drilling, aiming to unlock the project's full potential.

R. E.

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