Gold Springs Resource Expands Gold Mineralization at South Jumbo Resource

About this update from Gold Springs Resource Corp.

[{"type":"text","content":"Gold Springs Resource Expands Gold Mineralization at South Jumbo ResourceVANCOUVER, BC / ACCESSWIRE / July 29, 2022 / Gold Springs Resource Corp. (TSX:GRC), (OTCQB:GRCAF) (the \"Company\" or \"GRC\"), has received drill results from 8 additional holes of its 2022 drilling program around the South Jumbo Resource at its large Gold Springs project located in USA, on the border of Nevada and Utah.Highlights include:0.59 g/t gold equivalent over 18.3 meters and0.61 g/t gold equivalent over 9.1 meters in hole E-22-0071.37 g/t gold equivalent over 4.6 meters in hole E-22-0090.72 g/t gold equivalent over 27.4 meters including2.47 g/t gold equivalent over 4.6 meters and0.66 g/t gold equivalent over 6.1 meters and0.59 g/t gold equivalent over 18.3 meters in hole E-22-0120.79 g/t gold equivalent over 19.9 meters in hole E-22-014.Gold 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:\"These new results continue to demonstrate extensions of the South Jumbo gold mineralization as these holes were drilled with the objectives to:Extend gold values at depth within the northern resource block (E-22-012).Extend gold values in the gap zone between the two resource blocks(E-22-007, E-22-008, E-22-009, E-22-0013).Test for shallow gold extensions to the south (E-22-014).The results from the first 14 holes at South Jumbo clearly support our GRC resource model as we are demonstrating that gold mineralization does expand into areas predicted by our 2021 updated model. Once we receive the gold assays for the 6 remaining holes at South Jumbo, we will update our resource model to define where we will plan our drill holes to continue expanding our South Jumbo resource\"News from GRC 2022 ongoing drilling program:The 2022 drilling program is progressing well as the Company completed 2 first holes in the untested Snow target, 13 new holes around the North Jumbo resource and 9 holes looking to expand the Charlie Ross resource discovered by the 2021 drilling program.The diamond Core Drill is now onsite, and the Company has just completed the first hole on the Tremor target discovered in 2021 and now part of the North Jumbo resource.The CSAMT ground based geophysical survey is well underway to cover most of the 33 identified targets and will help direct future drilling...

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