Gold Springs Resource (TSX: GRC) (OTCQB: GRCAF) is a growth-focused mineral exploration company advancing the district-scale Gold Springs gold project situated in mining-friendly Nevada and Utah, one of the best mining jurisdictions in the world.
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 to expansion, and 27 other high-potential gold targets.
The Company combines a track record of discovery and advancement of large projects, key operational and process expertise, and a commitment to positive community relations and sustainable development. Management has extensive experience in the global exploration and mining industry.
Several points clearly set Gold Springs apart from most other exploration companies:
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.
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.
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).
A Low per Ounce Discovery Cost: In 2021, $11 in total, $9 if we deduct some fixed expenses.
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).