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Gold Resource Corporation: Gold Springs Resource Corp. Files Q1 2021 Financial Statements and MD&A


Gold Resource Corporation: Gold Springs Resource Corp. Files Q1 2021 Financial Statements and MD&A
VANCOUVER, BC / ACCESSWIRE / May 11, 2021 /
Gold Springs Resource Corp. (TSX:GRC) (OTCQB:GRCAF) (the Company ), reports the release of its unaudited consolidated financial statements for the three months ended March 31, 2021 and the related management s discussion and analysis of financial position and results of operations ( MD&A ). In this press release, all amounts are expressed in U.S. dollars, unless otherwise indicated.
As at March 31, 2021, the Company had a working capital of $1.39 million, including $1.48 million in cash, and subsequently, on April 27, 2021, the Company closed a $2 million first tranche of a non-brokered private placement of secured rights (see press releases dated April 20, 2021, and April 27, 2021, for further details). ....

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Gold Springs Resources Corporation: Gold Springs Resource Drills Nine Additional Holes at Gold Springs; Assay Results Pending


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VANCOUVER, BC / ACCESSWIRE / April 28, 2021 / Gold Springs Resource Corp. (TSX:GRC)(OTCQB:GRCAF) (the Company or GRC ), is pleased to provide an update on the planned and continuing 10,000-metre drilling program underway at the Gold Springs project located in the Eastern Great Basin of Nevada and Utah, USA. GRC has drilled an additional 9 more holes totaling 1,269 meters for the current drill shift for a cumulative 2,522 meters in 15 holes so far in the 2021 program. GRC previously reported the completion of 6 holes (see press release March 30, 2021).
The 9 holes were all located around the South Jumbo resource area and were designed to continue to expand that resource. Of the 9 holes, 3 could not reach the target depth due to poor drilling conditions, but all 9 holes encountered strong silicification, sericite alteration and micro-brecciation, which is the typical rock characterization in which mineralization is found at Gold Springs and similar to that seen within ....

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