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Vancouver, October 25, 2021
Gold Springs Resource Corp. (TSX: GRC, OTCQB: GRCAF) (the “Company”) is pleased to announce the receipt of CAD$ 4,364,315 for the sale of World Copper Ltd. securities (please refer to the detailed information in the early warning report section in page 2).
Antonio Canton, President and CEO, stated: “We are very pleased for all our shareholders to have received this non-dilutive funding of CAD$ 4.36 million which will be allocated for the rapid development of our large Gold Springs project.
After the promising results in North Jumbo and Charlie Ross in our last news releases, all our team is now looking forward to the coming assays of White Point, but also especially of the follow-up holes in North Jumbo where we had exciting results with 6.87 g/t gold equivalent over 24.4 meters, which included 30.9 g/t gold equivalent over 4.6 meters, and 0.59 g/t gold equivalent over 82.3 meters (Hole J-21-006 North Jumbo)”. (Please refer to the Company’s news release of September 7, 2021 for additional information about the North Jumbo results).
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