Duyuru • Apr 14
Gold Springs Resource Corp., Annual General Meeting, Jun 15, 2026 Gold Springs Resource Corp., Annual General Meeting, Jun 15, 2026. Duyuru • Apr 21
Gold Springs Resource Corp., Annual General Meeting, Jun 16, 2025 Gold Springs Resource Corp., Annual General Meeting, Jun 16, 2025. Duyuru • Apr 19
Gold Springs Resource Corp., Annual General Meeting, Jun 17, 2024 Gold Springs Resource Corp., Annual General Meeting, Jun 17, 2024. New Risk • Nov 13
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -US$2.0m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-US$2.0m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (7.5% increase in shares outstanding). Market cap is less than US$100m (€17.2m market cap, or US$18.4m). Duyuru • Nov 01
Gold Springs Resource Corp. Continues to Expand the Charlie Ross Deposit Gold Springs Resource Corp. continues to report positive drilling results from the Charlie Ross Resource area of its large Gold Springs project located in USA, on the border of Nevada and Utah. The discovery hole at Charlie Ross was drilled in 2021, and after only 22 holes, GRC was able to identify a new resource which was reported in its latest resource estimate. Gold is controlled by north-south trending structural corridors with three parallel zones: Western, Central and Eastern, each hosting a portion of the current resource, and each expanded by these significant gold mineralization results. These three structural zones host the historic Charlie Ross mine that was a producer at the beginning of the 20th century, with one shaft, 400 meters of drifts, and several stopes. Several other tunnels and shafts explored the Western resource area which is an extension of the historic Little Buck Mine. Reports described the historic Charlie Ross mine as a 53 meter inclined shaft with a 12 meter talc zone containing very high-grade gold telluride and sylvanite streak with bonanza gold grades. Visible gold was found in rocks from the dump of the historic mine. Duyuru • Oct 26
Gold Springs Resource Corp. Continues to Expand the South Jumbo Deposit Gold Springs Resource Corp. reported positive assay results from the South Jumbo Resource area of its Gold Springs project located in the USA, on the border of Nevada and Utah. The South Jumbo resource extends over 1,000 meters along strike based on drilling up to 2021 and is located at the southern end of the +5 kilometer-long Jumbo Trend which is defined by a very strong and well-developed CSAMT high resistivity anomaly.The drill holes E-22-020 through E-22-024 extend this gold-bearing system 200 meters to the north and include the higher-grade material of 1.05 g/t gold equivalent over 4.6 meters and 0.74 g/t gold equivalent over 26 meters in hole E-22-020 and 1.1 g/t gold equivalent over 6.1 meters found in hole E-22-022. Duyuru • Oct 17
Gold Springs Resource Corp. Reports New Assay Results Confirming A Significant 425 Meters Higher-Grade Southward Extension of the North Jumbo Deposit At Its Large Gold Springs Project Located in USA Gold Springs Resource Corp. reported new assay results confirming a significant 425 meters higher-grade southward extension of the North Jumbo deposit at its large Gold Springs project located in USA, on the border of Nevada and Utah. Highlights include: 0.84 g/t gold equivalent over 9.2 meters and, 0.89 g/t gold equivalent over 9.2 meters and, 0.81 g/t gold equivalent over 9.1 meters and, 2.45 g/t gold equivalent over 22.9 meters including, 3.98 g/t gold equivalent over 12.2 meters in hole J-22-020, 1.36 g/t gold equivalent over 4.6 meters and, 1.03 g/t gold equivalent over 3.0 meters in hole J-22-019. The North Jumbo Resource is located on the Utah side of the Gold Springs project at the northern end of the +5-kilometer-long Jumbo Trend which is defined by a very strong and well-developed CSAMT high resistivity anomaly. The North Jumbo Resource based on drilling up to 2021 extends over a north-south strike length of 1,800 meters. The drill holes J-22-004, J-22-005 and J-22-020 extend the deposit in a higher-grade gold system 425 metersto the south. The North Jumbo deposit remains open to the north and to the southwest. Future drilling will focus on continuing to expand the gold mineralization of the North Jumbo Resource to the south and to the north, where a new gold system the company considers an Intrusive-Related Gold System (IRGS) was discovered in 2021 with the hole J-21-015 which intersected 1.0 g/t gold equivalent over 163.1 meters. Duyuru • Oct 07
Gold Springs Resource Corp. Reports Assay Results from the Charlie Ross Resource Area of its Gold Springs Project Located in USA, on the Border of Nevada and Utah Gold Springs Resource Corp. reported assay results from the Charlie Ross Resource area of its Gold Springs project located in USA, on the border of Nevada and Utah. Highlights include: 3.10 g/t gold equivalent over 12.2 meters including 7.74 g/t gold equivalent over 4.6 meters and 1.08 g/t gold equivalent over 3.0 meters and 0.84 g/t gold equivalent over 6.1 meters in hole CR-22-014; 2.64 g/t gold equivalent over12.2 meters including. 9.49 g/t gold equivalent over3.0 meters and 0.72 g/t gold equivalent over6.1 meters in hole CR -22-010; 2.33 g/t gold equivalent over six.1 meters and 1.02 g/t gold equivalent over 3.0 meters in hole CR-22 -008; 1.60 g/t gold equivalent over 3.1 meters in hole CR-22-015: 1.31 g/t gold equivalent over 10.6 meters and 0.61 g/t gold equivalent over 6.1 meters in hole CR-22-009. Gold equivalent based on US$1,800/oz gold, US$25/oz silver and 50% for silver recovery. In the Eastern zone, hole CR-22-009 returning 1.31 g/t AuEq over 10.6 meters is of particular importance as it is the first to test the northern extension of thehistoric Charlie Ross mine and indicates that significant grades exist in this area which remains wide open to the north. In the Western zone, holes CR-22-014 and CR-22-010 returned significant grades of 3.10 g/t AuEq over 12.2 meters and 2.64 g/t AuEq over 12.2 meters, respectively. The discovery hole at Charlie Ross was drilled in 2021 and after only 22 holes, GRC was able to identify a new resource that was reported in the Mineral Resource Estimate NI 43-101 Technical Report - Gold Springs Project, Utah-Nevada, USA dated July 11, 2022 with an effective date of June 13, 2022 (the "Technical Report"). Since the resource calculation, nineteen additional holes were drilled. Results for seven holes were reported in GRC's press release dated September 28, 2022. Assays results reported demonstrate GRC's ability to expand gold mineralization in all three zones of the Charlie Ross resource and to provide higher-grade intercepts than previously seen. The Charlie Ross target is highlighted by a significant CSAMT geophysical anomaly that extends over an area 1100x600 meters on the edge of the Gold Springs caldera complex. Gold is controlled by north-south trending structural corridors with three parallel zones, Western, Central and Eastern, each hosting a portion of the current resource, and each expanded by these significant gold mineralization results. These three structural zones host the historic Charlie Ross mine that was a producer at the beginning of the 20th century, with one shaft, 400 meters of drifts, and several stopes. Several other tunnels and shafts exploited the Western resource area which is an extension of the historic Little Buck Mine. Historical reports describe Charlie Ross as a 53 meters inclined shaft with a 12 meters talc zone containing very high-grade gold telluride and sylvanite streaks with bonanza gold grades.Visible gold was found in rocks from the dump of this historic mine. New Risk • Sep 21
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 9.8% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (22% average weekly change). Revenue is less than US$1m. Minor Risks Shareholders have been diluted in the past year (9.8% increase in shares outstanding). Market cap is less than US$100m (€16.6m market cap, or US$17.7m). Duyuru • Sep 20
Gold Springs Resource Corp. announced that it has received CAD 2 million in funding Gold Springs Resource Corp. announced a non-brokered private placement of 20,000,000 common shares of the company at a price of CAD 0.10 per share with no commissions paid or warrants issued for the gross proceeds of CAD 2,000,000 on September 18, 2023. The shares issued will be subject to a four month hold period from the closing date. The transaction included participation from the president, CEO and director of the company for CAD 453,840. Duyuru • Aug 11
Gold Springs Resource Corp. Announces Board Changes Gold Springs Resource Corp. regretfully announced the unexpected passing of board and Audit Committee member, Horst Daspersgruber on July 27, 2023. Mr. Antonio Canton, director and President and CEO of the Company, has been appointed as a member of the Audit Committee in Mr. Daspersgruber place in order to meet regulatory requirements. The Company is not otherwise filling the vacancy created by Mr. Daspersgruber’s passing at this time. Recent Insider Transactions • Sep 24
President recently bought €139k worth of stock On the 20th of September, Antonio Canton bought around 1m shares on-market at roughly €0.13 per share. This was the largest purchase by an insider in the last 3 months. Antonio has been a buyer over the last 12 months, purchasing a net total of €399k worth in shares. Recent Insider Transactions • Jul 18
President recently bought €72k worth of stock On the 13th of July, Antonio Canton bought around 633k shares on-market at roughly €0.11 per share. This was the largest purchase by an insider in the last 3 months. Antonio has been a buyer over the last 12 months, purchasing a net total of €119k worth in shares. Executive Departure • Jul 01
President & CEO Matias Herrero has left the company On the 30th of June, Matias Herrero's tenure as President & CEO of the company ended after 2.4 years in the role. As of March 2021, Matias still personally held only 91.50k shares (€5.3k worth at the time). Matias is the only executive to leave the company over the last 12 months. Under Matias' leadership, the company delivered a total shareholder return of 173%. 