South Jumbo Deposit Expansion Continues

VANCOUVER - Gold Springs Resource Corp. reported that expansion continues at the South Jumbo Resource area of its Gold Springs project located in the USA, on the border of Nevada and Utah.

"We are pleased by these new positive results, which extend the gold mineralization encountered in hole E-22-020 (1.05 g/t AuEq over 4.6 meters and 0.74 g/t AuEq over 26 meters) and thus expand our South Jumbo deposit 200 meters further north where it remains open. Add this 200 meters northward expansion of the Jumbo South deposit to the 425 meters southward expansion of the Jumbo North deposit in a higher-grade structural block, and we are convinced of the significant potential of the 5-kilometer-long Jumbo Trend to host a large gold deposit. The South Jumbo and the North Jumbo resources, with 524,000 ounces of gold and 8,811,000 ounces of silver, already arethe two largest of our six existing M&I resources according to our latest resource estimate based on drilling up to 2021 and without results from 2022-2023. It's also worth bearing in mind, when analyzing Gold Springs' true potential, that the 5+ km Jumbo Trend covers less than 5% of our nearly 8000 ha large gold project."