Discover Gold Springs Resource Corp.
Gold Springs is a Large Property of nearly 8000 ha with 4 Historic Mining Districts, located in USA, on the border of Nevada and Utah, one of the Best Mining Jurisdictions in the World.
The Project has 33 Gold Targets, including 6 Targets with Existing Resources of 1 million oz M&I wide open for expansion and 27 other high-potential gold targets, all covering only 40% of the property.
The Company believes Gold Springs has the Potential to become a Multimillion Ounces Gold Project and is therefore focused on the rapid advancement towards a Pre-Feasibility Study.
Recent News
- June 20, 2022 Gold Springs Resource Corp. Announces Results of Annual Shareholders Meeting and One New Director
- June 13, 2022 Gold Springs Resource Corp. Reaches 1 Million Oz Gold Equivalent in a New Mineral Resource Estimate
- June 6, 2022 Gold Springs Resource Receives First Assays from 2022 Drill Program at South Jumbo
Gold Springs Resource
Gold Springs is located in the USA, on the Border of Nevada & Utah, One of the Best Mining Jurisdictions in the World (low political, environmental, and tax risks).
Large Project of nearly 8000 ha with 4 Historic Mining Districts and 33 Gold Targets: 6 with estimated resources of 1 million oz M&I wide open for expansion, and 27 other high-potential gold targets.
The resources all outcrop or are near the surface and could 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).
Jumbo Trend Video
2022 Ongoing Drilling Program
20’100 Meters RC (2 RC Drills) and 2’000 Meters Core (1 Core Drill) with the Objectives:
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The RC Drill No 1 to expand our 6 existing resources, especially at North Jumbo, Tremor, South Jumbo, Charlie Ross and White Point.
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The RC Drill No 2 to drill on 4 new targets at Homestake, Snow, Horseshoe Extension, Midnight.
- The Core drill will be used to collect material for further metallurgical testing of all our resource areas while testing the depth extension of some significant resistivity anomalies beneath them.
Our 2022 exploration program also includes the expansion of CSAMT geophysical surveys on various targets and the completion of baseline studies to advance the mine permitting process.
Five points:
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A Significant Potential for Growth: In addition to our 6 resources wide open for expansion, we have already identified 27 other high-potential gold targets, all covering only 40% of the property.
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De-Risking the Project in Parallel to Resource Expansion as major mining companies do by advancing the permitting process, which is rare for an exploration company.
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A Unique Financial Instrument to rapidly advance the project by giving investors the opportunity to invest In Gold Springs with a guarantee (link for more information).
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A Low per Ounce Discovery Cost: In 2021, $11 in total, $9 if some fixed expenses are deducted.
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No Royalties on the Property (except a 3% NSR on a small private land in Grey Eagle which represents less than 3% of our total resource).
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