High-Grade Gold 130 Meters North Of The Jumbo Resource

VANCOUVER - Gold Springs Resource Corp. has received assays from several additional holes located within the Jumbo Trend on the Utah portion of its Gold Springs project located on the border of Nevada and Utah.

Highlights include:

•5.95 g/t gold with 66.5 g/t silver over 24.4 meters, which included

•27.30 g/t gold with 259.4 g/t silver over 4.6 meters, and

•0.52 g/t gold with 4.7 g/t silver over 82.3 meters in hole J-21-006 (North Jumbo)

•0.52 g/t gold with 3.3 g/t silver over 16.8 meters in hole E-21-016 (South Jumbo)

•1.02 g/t gold with 99.7 g/t silver over 1.5 meters in hole JP-21-004 (Juniper).

Randall Moore, Executive Vice President, said, "Hole J-21-006 is extremely important as it confirms that there are higher-grade gold areas as we can see in the upper part of the hole, and also for its lower thick intercept with similar grades of our current resource. These results extend gold mineralization an additional 130 meters north of the current North Jumbo resource. We want to continue drilling following this strong CSAMT geophysical high resistivity area which extends to the north for 1,200 meters, with the objective of testing the continuation of this high-grade gold mineralization and the potential extension of the North Jumbo resource area".

The Company has now completed 52 holes for 10,624 of the 23,300 meters program:

•28 holes at the Jumbo Trend (16 at South Jumbo, 3 at Central Jumbo, 9 at North Jumbo)

•15 holes at Charlie Ross

•5 holes at Juniper

•3 holes at White Point

•1 hole at North Jennie.

The Company's current plan is to drill 7 additional holes at White Point and then follow up the holes at North Jumbo with good gold results, in particularly around hole J-21-006, with the objective of testing the continuation of this high-grade gold mineralization and the potential extension of the North Jumbo resource area.