Why Invest

  • Gold Springs has a PEA with robust-economics(1) plus a vast number of drill targets in one-of-a-kind land package, revealing potential for significant growth, and it’s in one of the best mining jurisdictions in the world: 
    • Positive PEA with an NPV5% US$92M and IRR 35% (Both After tax) using a $1,300 Gold price and $21 silver price.
    • Low pre-production CapEx of US$55M and a Low Strip Ratio of 2.1.
    • Signficant Leverage to Gold Price.  A $1,600 gold price yields an NPV5% US$162M (After tax) in sensitivity analysis.
    • Target-rich property -  potential to signficantly enhance value by growing the existing gold-silver resource base.  
    • 28 drill-target areas - all outcrop, and four of them already have gold + silver resources.
    • Large-land position -  4 historical mining districts consolidated into 1 property.
    • Mining friendly, geo-politically stable, prolific Great Basin of western U.S.
    • Well funded. No Debt. 


(1) Per the technical report “Amended Technical Report and 2017 Mineral Resource, Gold Springs Project,” dated July 27, 2017 and with an effective date of March 29, 2017, authored by Global Resource Engineering Ltd (GRE) and Kurt Katsura and prepared in accordance with NI 43-101 Standards. Cash Operating cost per gold ounce is net of silver credit and includes mining, processing, G&A, and operating cost contingency; AISC (Fully-loaded cost per gold ounce) includes Cash Operating Costs plus sustaining capital, federal, state and local taxes and excludes initial capital. The portion of the project subject to the Preliminary Economic Assessment (“PEA”) does not have royalties. The PEA is preliminary in nature, it includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves, and there is no certainty that the PEA will be realized

Email Alert Subscribe

© 2020 Gold Springs Resource Corp.
All rights reserved.