Gold Springs Resource Corp. has received assays from the final drill holes at South Jumbo as part of the 2022 drill campaign on its large Gold Springs project located in USA, on the border of Nevada and Utah, one of the best mining jurisdictions in the world. Highlights include: 0.83 g/t gold equivalent over 18.3 meters including 1.89 g/t gold equivalent over 6.1 meters in hole E-22-015; 0.75 g/t gold equivalent over 6.1 meters in hole E-22-017; 0.53 g/t gold equivalent over 13.8 meters and 0.96 g/t gold equivalent over 6.1 meters in hole E-22-018; 1.05 g/t gold equivalent over 4.6 meters and 0.74 g/t gold equivalent over 26.0 meters in hole E-22-020.

Gold equivalent based on USD 1,800/oz gold, USD 25/oz silver and 50% for silver recovery. GRC has now demonstrated the extension of gold mineralization in three different directions and also at depth. To the North the extension is significant as the hole E-22-020 with 1.05 g/t AuEq over 4.6 meters and 0.74 g/t AuEq over 26 meters is 80 meters north from the existing resource.