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Gold Springs Resource Corp. Intercepts High-Grade at the Homestake Target, Drilling 6.1 Metres at 21.88 g/t Au and 69.25 g/t Ag; Announces Exploration Plan for 2020
VANCOUVER, BC / ACCESSWIRE / January 7, 2020 / Gold Springs Resource Corp. (TSX:GRC)(OTCQB:...
About this update from Gold Springs Resource Corp.
[{"type":"text","content":"Gold Springs Resource Corp. Intercepts High-Grade at the Homestake Target, Drilling 6.1 Metres at 21.88 g/t Au and 69.25 g/t Ag; Announces Exploration Plan for 2020VANCOUVER, BC / ACCESSWIRE / January 7, 2020 / Gold Springs Resource Corp. (TSX:GRC)(OTCQB:GRCAF) (the \"Company\" or \"GRC\" and formerly TriMetals Mining Inc.) announces drill results from the 2019 Homestake drill program including 6.1 metres @ 21.88 g/t Au and 69.25 g/t Ag and 71.6 metres @ 0.712 g/t Au and 1.91 g/t Ag from hole HS-19-007. The Homestake target is located within the Nevada portion of the Gold Springs project.Hole #From (m)To (m)Interval (m)Au ppmAg ppmHS-19-00718.324.46.121.8869.25inc.19.822.93.039.3114.5 71.6143.371.60.7121.91inc.132.6143.310.71.244.88 True thickness is estimated between 80-90% of reported length. Grams per tonne of gold and silver abbreviated as \"Au g/t\" and \"Ag g/t\" respectively.Hole HS-19-007 was drilled in the area of historic mining and is believed to have intersected one of the productive mineralized shoots within the Homestake system. In addition to the high-grade results from hole HS-19-007, hole HS-19-012 intersected three stacked vein systems returning values of 4.23 g/t Au and 2.5 g/t Ag over 3 metres in the upper vein and 1.12 g/t Au and 4.0 g/t Ag over 3 metres in the middle vein and 1.31 g/t Au and 8.5 g/t Ag in the lower vein. The mineralized interval across the three veins totaled 38.1 metres @ 0.63 g/t Au and 2.6 g/t Ag. Hole HS-19-012 is located 380 metres south of HS-19-007.Hole #From (m)To (m)Interval (m)Au ppmAg ppmHS-19-01212.215.23.04.232.5 27.430.53.01.124 47.250.33.01.318.5 12.250.338.10.632.6 True thickness is estimated between 80-90% of reported length. Grams per tonne of gold and silver abbreviated as \"Au ppm\" and \"Ag ppm\" respectively.In total, GRC drilled 1,856 meters in 14 holes covering 600 metres of strike length at Homestake. Other holes returned spotty, lower-grade intercepts or failed to intersect significant mineralization. A complete summary of the mineralized intercepts is listed below.Hole #From (m)To (m)Interval (m)Au ppmAg ppmHS-19-00115.218.33.00.4615 HS-19-00718.324.46.121.8869.25 71.6143.371.60.7121.91 132.6143.310.71.244.88 HS-19-01212.215.23.04.232.5 27.430.53.01.124 47.250.33.01.318.5 12.250.338.10.632.6 HS-19-01313.721.37.60.473.2 True thickness is estimated between 80-90% of...