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Gold Springs Resource Corp. Announces Drill Results from the "White Point" Target
VANCOUVER, BC / December 17, 2021 / Gold Springs Resource Corp. (TSX:GRC)(OTCQB:GRCAF) (the ...
About this update from Gold Springs Resource Corp.
[{"type":"text","content":"Gold Springs Resource Corp. Announces Drill Results from the “White Point” TargetVANCOUVER, BC / December 17, 2021 / Gold Springs Resource Corp. (TSX:GRC)(OTCQB:GRCAF) (the \"Company\" or \"GRC\") is pleased to announce assay results that confirm the existence of a gold system at the \"White Point\" target, located on the Nevada portion of its USA flagship Gold Springs project.Highlights include:0.82 g/t gold equivalent over 36.6 meters within hole WP-21-005,1.40 g/t gold equivalent over 15.3 meters within hole WP-21-006,0.70 g/t gold equivalent over 13.7 meters within hole WP-21-002,0.56 g/t gold equivalent over 19.9 meters within hole WP-21-003.Randall Moore, Executive Vice President of Exploration, stated: \"These results confirm a significant gold system at \"White Point\".Our 2021 drilling program has produced 3 significant discoveries:at \"Tremor\" highlighted by 1.00 g/t gold equivalent over 163.1 metersat \"Charlie Ross\" highlighted by 1.17 g/t gold equivalent over 45.7 metersat \"White Point\" highlighted by 0.82 g/t gold equivalent over 36.6 meters .The Gold Springs project is developing as we hoped with 4 resources at \"North Jumbo\", \"South Jumbo\", \"Grey Eagle\", and \"Thor\" open to expansion and with new gold discoveries on 3 additional targets, where we believe we can add new resources in 2022.We are still waiting for results in the coming weeks on 15 additional holes at \"Tremor\" and on 7 holes at \"Charlie Ross\".\"(For additional information about the \"Charlie Ross\" and \"Tremor\" drill results, please refer to GRC's press releases dated October 19 and December 3, 2021)2021 ongoing drilling program:The Company's 2021 drilling program has now ended as the first major snowstorm has closed access to the site. The Company will now focus on completing the detailed logging of the 2021 drill holes, updating current models and developing new ones for the new discovery areas.Plans for 2022 include updating the resource in the first quarter and restarting the drilling program as soon as weather conditions permit, which is expected to be in late March 2022.White Point Target\"White Point\" is located 400 meters west of the \"Grey Eagle\" resource area and is characterized by gold-bearing sheeted veins and breccias. The holes completed at \"White Point\" this year are expanding the knowledge of the con...