Announcement Date: 2022-07-13
Announcement Type: Deposit Estimation
Announcement Code: NI43-101
Company name: Gold Springs Resource Corp.
Project name: Gold Springs
Location: United States
Commodities: Gold,Silver
Highlight: Updated Resource Estimate for Project
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Global Resource Engineering Ltd. (GRE) was retained by Gold Springs Resource Corp. (“GRC”) and assisted by Randall Moore, Executive V.P. of Exploration for GRC, to complete a National Instrument 43-101 (NI 43-101) Technical Report on the Gold Springs Gold Project (“Gold Springs” or “the Property”) located in the Gold Springs and Deer Lodge Mining Districts, Iron County, Utah, and Lincoln County, Nevada. This report presents an update of the Mineral Resource Estimate and has been prepared in accordance with the Canadian Securities Administrators (CSA) NI 43-101. GRC is a British Columbia (Canada) company trading on the Toronto Stock Exchange (TSX) as GRC, and on the U.S. Over the Counter Market Group (OTCQB) as GRCAF. This Technical Report was commissioned following the 2021 drill program, which completed 82 holes totaling 18,156 meters of drilling. This drill campaign was successful in intercepting significant gold mineralization at several of the targets including South Jumbo, North Jumbo, Charlie Ross, White Point, and the newly identified Tremor target, which is an extension of North Jumbo, only intrusive hosted. Highlights of these results include
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