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Gold Springs Resource Drilled into a New Gold Mineralization Area at North Jumbo
VANCOUVER, BC / ACCESSWIRE / September 19, 2022 / Gold Springs Resource Corp. (TSX:GRC)(OTCQ...

About this update from Gold Springs Resource Corp.
[{"type":"text","content":"Gold Springs Resource Drilled into a New Gold Mineralization Area at North JumboVANCOUVER, BC / ACCESSWIRE / September 19, 2022 / Gold Springs Resource Corp. (TSX:GRC)(OTCQB:GRCAF) (the \"Company\" or \"GRC\"), has received assays from the first 2022 drill holes at North Jumbo confirming the possibility for a significant southward extension of the North Jumbo Resource within the Gold Springs project located in USA, on the border of Nevada and Utah.Highlights include:1.20 g/t gold equivalent over 9.1 meters and0.67 g/t gold equivalent over 36.6 meters and1.18 g/t gold equivalent over 6.1 meters in hole J-22-0010.57 g/t gold equivalent over 41.2 meters and1.88 g/t gold equivalent over 6.1 meters in hole J-22-0041.87 g/t gold equivalent over 29.0 meters including3.73 g/t gold equivalent over 9.2 meters in hole J-22-0050.94 g/t gold equivalent over 9.2 meters in hole J-22-0060.56 g/t gold equivalent over 7.7 meters and1.14 g/t gold equivalent over 3.1 meters in hole J-22-0070.52 g/t gold equivalent over 19.8 meters and 1.31 g/t gold equivalent over 7.6 meters in hole J-22-008Gold equivalent based on US$1,800/oz gold, US$25/oz silver and 50% for silver recovery.Randall Moore, Executive Vice President of Exploration, stated: \"We are very excited about the results of the first holes completed in 2022 at North Jumbo as they confirm:The discovery of a new gold mineralization area extending 200 meters south of our North Jumbo Resource (holes J-22-004 & J-22-005) in a new structural block that was never drilled before.The extension of the North Jumbo Resource in a parallel western mineral block (J-22-001, J-22-006, and J-22-007).The extension of gold mineralization in the southern portion of the North Jumbo Resource as our model predicted (Hole J-22-008).All these holes have thick sections of gold mineralization and higher-grade intervals than our existing resource.The 2022 drill program is advancing as we hoped, and our resource models are being confirmed and refined by all these positive drill results:At South Jumbo, we have identified a significant extension of that system 50 meters to the north with hole E-22-020 returning 0.74 g/t gold equivalent over 26.0 meters(see our press release August 12, 2022). We have now completed two more holes and a third one is in progress with the objective of extending the resource 200 meters to th...