Continued High-Grade Sample Results From Priority Targets At Flagship Project

VANCOUVER – Gold Springs Resource Corp. reported high-grade rock chip sampling results from the West Pinyon target and provide an introduction to the buried North Jennie target. West Pinyon is located within the Company’s Nevada portion of the claim block while North Jennie straddles the state line between Nevada and Utah.

The West Pinyon target produced rock chip sampling results as high as 42.30 g/t Au and 131.0 g/t Ag from banded epithermal quartz vein material. The North Jennie target represents a significant CSAMT geophysical anomaly defined by the recently completed GRC survey. Only one hole has been drilled in the North Jennie target intersecting gold values as high as 4.6 g/t. The results from GRC’s work program highlight the quality of these targets as they are readied for future drill programs.

Matias Herrero, President and CEO, said, “Once again our field-work program for 2020 has demonstrated the high-quality of our targets which we can now prioritize as we move to the drilling phase. The recently completed CSAMT survey has helped define the scale of the targets covered by the survey. This, coupled with the detailed mapping and the high-grade gold values generated by our surface sampling, has continued to demonstrate the potential for more discoveries and resource development”.