First Assays From 2022 Drill Program At South Jumbo

VANCOUVER - Gold Springs Resource Corp. (GRC) has received drill results from the first 6 holes of the 2022 drilling program around the South Jumbo resource of its large Gold Springs project located on the border of Nevada and Utah.

Randall Moore, Executive Vice President of Exploration, said, "We are excited about the start of our 2022 drilling program at South Jumbo. These initial results confirm the extension and the modeling of our South Jumbo resource, as all six holes encountered gold mineralization. The remaining samples from the first 14 holes are now in the laboratory and we should see a steady flow of information over the coming weeks. The second RC drill will be deployed at North Jumbo, followed by the Horseshoe Extension, Homestake, and White Point targets. The diamond core drill will also be deployed in the first week of June to test deeper portions and collect material for metallurgical test work from the North and South Jumbo, Grey Eagle, Charlie Ross, and the White Point existing resources".

GRC has now completed 14 holes for a total of 2,828 meters of the planned 20,100 meters RC drilling program. Assays have been received for the first 6 holes from the South Jumbo resource area, which were designed to expand the resource at depth and along strike. An additional 3 holes will be completed at South Jumbo before the drill moves to the Snow target for 2 holes, followed by the Charlie Ross target which was a new discovery in 2021.