One Large Gold Project of nearly 8,000 ha located in the USA (Nevada and Utah) where 4 Historic High-Grade Underground Mining Districts were in operation until World War II.
6 targets with Substantial M&I Resources wide open for expansion and covering only 15% of the Property, and 27 targets with significant potential.
One Corporate Objective: Rapidly Develop a Multi-Million Ounce Deposit and Obtain the Necessary Mining Permits.
Gold Springs is 100% owned and located in USA, on the border of Nevada & Utah, one of the best mining jurisdictions in the world (low political, environmental, cultural and tax risks).
The Resources all outcrop with gold near the surface and can be extracted by low-cost Open Pit Mining and a technically Simple Heap Leach Operation. In general, a low stripping ratio allows a low mining cost, coupled with heap leach low processing cost for gold extraction, resulting in favorable economics and a low AISC (All In Sustaining Costs).
Gold Springs has the necessary water rights and infrastructure (600 gallons per minute, county roads, a rail line, and power near the property) and no royalties (except a 3% NSR on a small private land portion).
Visit our project on 3D on Google Earth.
Since 2010, the Company has already spent +$30 million and has completed or collected:
Last Drilling results: