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VANCOUVER, BC / ACCESSWIRE / April 27, 2021 / Gold Springs Resource .
Gold Springs Resource Drills Nine Additional Holes at Gold Springs; Assay Results Pending newjerseytelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newjerseytelegraph.com Daily Mail and Mail on Sunday newspapers.
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / April 27, 2021 / Gold Springs Resource Corp. (TSX:GRC)(OTCQB:GRCAF) (the "Company") is
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VANCOUVER, BC / ACCESSWIRE / April 28, 2021 / Gold Springs Resource Corp. (TSX:GRC)(OTCQB:GRCAF) (the Company or GRC ), is pleased to provide an update on the planned and continuing 10,000-metre drilling program underway at the Gold Springs project located in the Eastern Great Basin of Nevada and Utah, USA. GRC has drilled an additional 9 more holes totaling 1,269 meters for the current drill shift for a cumulative 2,522 meters in 15 holes so far in the 2021 program. GRC previously reported the completion of 6 holes (see press release March 30, 2021).
The 9 holes were all located around the South Jumbo resource area and were designed to continue to expand that resource. Of the 9 holes, 3 could not reach the target depth due to poor drilling conditions, but all 9 holes encountered strong silicification, sericite alteration and micro-brecciation, which is the typical rock characterization in which mineralization is found at Gold Springs and similar to that seen within the Sout
Gold Springs Resources Corporation: Gold Springs Resource Announces Non-Equity Financing Structure of up to US$20 Million to Fund Comprehensive Exploration Program at Gold Springs; Expects to Close First US$2 Million Tranche by the End of April
Company ) is pleased to announce that it intends to complete an ongoing non-brokered private placement (the
Offering ) of up to US$20,000,000 comprised of a US$10,000,000 initial funding round of Series A Secured Rights (the
Series A Secured Rights ) and a subsequent US$10,000,000 second funding round of Series B Secured Rights (the
Series B Secured Rights and together with the Series A Secured Rights, the