Monday, September 15, 2025

Gold Springs Completes Seven Additional Holes At Flagship Property

Gold Springs Resource Corp. (TSX: GRC) today provided an update on the Gold Springs project, where it is conducting a 10,000-meter drilling operation in the Eastern Great Basin of Utah and Nevada. The company this morning announced the completion of 7 additional holes under the current program.

The South Jumbo area is home to 4 of the 7 holes, driving the number of holes drilled during 2021 within this area to 16 in total, where the company is looking to expand the current resource. One hole was located 125 metres east of the known resource to test depth extension, while three tested for down-dip and depth extensions.

The 3 remaining holes were drilled inside of the Central Jumbo target area. Each of the holes intersected broad zones of intermittent silicification within intense sericite-clay alteration, a characteristic of epithermal gold systems. All the holes were targeted using the ground based CSAMT geophysical survey completed last year, which recognized areas of high resistivity associated with the known mineralization. 

Drilling operations to date have been focused mainly on broadening the South Jumbo resource. The company will now move to test the Central target, before moving to the North Jumbo resource where drilling will be conducted in an effort to test for the expansion of the resource.

Gold Springs Resource Corp. last traded on the TSX at $0.10.


Information for this briefing was found via Sedar and the companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

New Found Gold: The Strategic Maritime Resources Purchase

Amex Exploration: Revised Perron PEA Has INSANE Economics

Aris Mining: The Multi Billion Dollar Soto Norte PFS

Recommended

Northern Superior Expands Philibert With 350 Metre Step Out Testing 1.10 g/t Gold Over 25.5 Metres

Goliath Resources Hits 18.58 g/t Gold Over 5.00 Metres At Surebet

Related News

West Red Lake Gold Hits 77.87 g/t Gold Over 1.9 Metres At Rowan Mine

West Red Lake Gold Mines (CSE: RLG) yesterday had a midday news release. The news...

Friday, October 15, 2021, 07:33:03 AM

Gold’s Place in a Digital World: How Can We Make Mining Sexy Again? | Kai Hoffmann

In this interview, Kai Hoffmann of Soar Financial provides insight into the evolving junior mining...

Saturday, December 14, 2024, 09:33:00 AM

Freeman Gold Identifies 11 Exploration Targets At Lemhi

Freeman Gold Corp (CSE: FMAN) this morning released the results of its 2020 exploration program...

Thursday, May 6, 2021, 08:11:10 AM

The Greats: Canada’s Notable Mining Financiers

Mining exploration, besides being a high-risk, high-reward endeavour, is a very capital intensive business. It...

Sunday, August 9, 2020, 09:00:00 AM

Utah Governor Signs Bill Allowing State Investment in Gold and Silver

Utah has become the latest state to explicitly allow its treasurer to invest a portion...

Tuesday, April 2, 2024, 12:29:00 PM