Gold Springs Resource Continues to Expand the South Jumbo Deposit

Original announcement by tmx on

Company
Gold Springs Resource Corp.
Ticker
GRC
Exchange
TSX
Region
Nevada and Utah, USA
Primary commodity
Gold
Secondary commodities
Silver
Document categories
Drill results, Resource update
Extracted
2026-09-16 03:25:56 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Gold Springs Resource Corp. announced positive assay results from its South Jumbo deposit, extending gold mineralization 200 meters to the north. Highlights include 1.93 g/t gold equivalent over 1.5 meters and 1.10 g/t gold equivalent over 6.1 meters. The company also reiterated its existing NI 43-101 compliant resource estimate for the South and North Jumbo deposits, which totals 524,000 ounces of gold and 8,811,000 ounces of silver.

Reasoning: The announcement reports positive drill results that extend the South Jumbo deposit, confirming mineralization continuity and potential for growth. The results are supported by robust QA/QC and a compliant resource estimate, although the new drilling is not yet integrated into the resource.

Positive factors

  • Drill results extend gold mineralization 200 meters further north at South Jumbo, indicating potential for deposit expansion.
  • High-grade intercepts were reported, including 1.93 g/t AuEq over 1.5m and 1.10 g/t AuEq over 6.1m.
  • Comprehensive QA/QC procedures are disclosed, including certified lab use and QP sign-off.
  • The resource estimate is NI 43-101 compliant, providing a strong foundation for the project.

Negative factors

  • True thickness is estimated to be 60-100% of reported length, not precisely stated, which introduces some uncertainty.
  • The resource update is based on drilling up to 2021, meaning the new drill results are not yet incorporated into the estimate.

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 24

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: The drill results extend the South Jumbo deposit 200 meters further north where it remains open.

Evidence · text

“expand our South Jumbo deposit 200 meters further north where it remains open”

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: The release details QA/QC procedures including submission of standards and blanks, laboratory duplicates, and review of check assays.

Evidence · text

“Standards and blanks are submitted into the sample stream at the rate of 15% for QA/QC purposes. In addition, the laboratory also includes duplicates of samples, standards and blanks. The results of these check assays are reviewed prior to the release of data.”

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: Randall Moore, VP of Gold Springs Resource Corp., is the Company's designated Qualified Person and has approved the scientific or technical information.

Evidence · text

“Randall Moore, VP of Gold Springs Resource Corp., is the Company's designated Qualified Person for this news release within the meaning of National Instrument 43-101 Standards of Disclosure for Mineral Projects. He has approved the scientific or technical information in this release”

Apparent Width Onlynegative

Interval given as downhole width with no true width or drill orientation — apparent width may overstate true thickness.

Why it applies: True thickness is estimated to be 60-100% of reported length, indicating that only downhole length is directly reported.

Evidence · text

“True thickness is estimated to be 60-100% of reported length.”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The mineral resource estimate is based on an 'NI 43-101 Technical Report - Gold Springs Project, Utah-Nevada, USA'.

Evidence · text

“Mineral Resource Estimate NI 43-101 Technical Report - Gold Springs Project, Utah-Nevada, USA”

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document includes a detailed table of the South and North Jumbo Resources based on drilling to 2021, referencing a prior mineral resource estimate.

Evidence · text

“South and North Jumbo Resources based on drilling to 2021 and without results from 2022-2023 Mineral Resource Estimate NI 43-101 Technical Report - Gold Springs Project, Utah-Nevada, USA" dated July 11, 2022, with an effective date of June 13, 2022”

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: The resource table includes 'Measured' category for both South Jumbo and North Jumbo deposits.

Evidence · table

“Measured”

Context: South Jumbo

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The resource table includes 'Indicated' category for both South Jumbo and North Jumbo deposits.

Evidence · table

“Indicated”

Context: South Jumbo

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: The resource table includes 'Inferred' category for both South Jumbo and North Jumbo deposits.

Evidence · table

“Inferred”

Context: South Jumbo

Extracted facts

Stored fact records: 24. Some facts used in scoring do not have a stored record.

Drill Results (22)

E-22-024Gold Springs · goldGrade: 1.29Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
E-22-024
Project
Gold Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
1.29
Grade Unit
g/t
Intercept
1.5 m
From
163.1 m
To
164.6 m
Hole Depth
213.4 m
Intercept Depth
163.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
E-22-024:163.1-164.6
Mining Method
unknown

Location

Location
South Jumbo
Easting
760495
Northing
4196900
CRS
UTM NAD 27 Z11
Elevation
1983 m
Azimuth
90 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
1.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Strong gold intercept contributing significantly to the expansion of the South Jumbo deposit, supported by strong QA/QC.

Positive factors

  • Strong gold intercept contributing to the expansion of the South Jumbo deposit.
  • Comprehensive QA/QC procedures disclosed.

Negative factors

  • True thickness is an estimate.

Evidence · table

“1.29”

Context: 1.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

E-22-024Gold Springs · silverGrade: 2Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
E-22-024
Project
Gold Springs
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
2
Grade Unit
g/t
Intercept
1.5 m
From
163.1 m
To
164.6 m
Hole Depth
213.4 m
Intercept Depth
163.1 m

Classification

Program
exploration
Sample Type
drill
Group ID
E-22-024:163.1-164.6
Mining Method
unknown

Location

Location
South Jumbo
Easting
760495
Northing
4196900
CRS
UTM NAD 27 Z11
Elevation
1983 m
Azimuth
90 °
Dip
-45 °
Loc. Confidence
high
Loc. Source
document

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
1.3
Metal Eq. Unit
g/t AuEq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Moderate silver intercept alongside gold, contributing to the overall expansion of the South Jumbo deposit.

Positive factors

  • Intercept contributes to the expansion of the South Jumbo deposit.
  • Comprehensive QA/QC procedures disclosed.

Negative factors

  • Grade is moderate.
  • True thickness is an estimate.

Evidence · table

“2”

Context: 1.5

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

E-22-021Gold Springs · goldGrade: 0.44Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
E-22-021
Project
Gold Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
0.44
Grade Unit
g/t
Intercept
4.5 m
From
137.2 m
To
141.7 m
Intercept Depth
137.2 m

Classification

Sample Type
drill
Group ID
E-22-021:137.2-141.7
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
0.48
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 0.44 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 2.0 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.44”

Context: E-22-021

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

E-22-021Gold Springs · silverGrade: 6.2Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
E-22-021
Project
Gold Springs
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
6.2
Grade Unit
g/t
Intercept
4.5 m
From
137.2 m
To
141.7 m
Intercept Depth
137.2 m

Classification

Sample Type
drill
Group ID
E-22-021:137.2-141.7
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
0.48
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 6.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 27.9 g/t·m is below.

Negative factors

  • 6.2 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.2”

Context: E-22-021

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andGold Springs · goldGrade: 0.51Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
and
Project
Gold Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
0.51
Grade Unit
g/t
Intercept
4.5 m
From
169.2 m
To
173.7 m
Intercept Depth
169.2 m

Classification

Sample Type
drill
Group ID
and:169.2-173.7
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
0.54
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 0.51 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 2.3 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.51”

Context: and

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andGold Springs · silverGrade: 4.5Grade Unit: g/tIntercept: 4.5 mView all details
Link to this fact

Identity

Hole ID
and
Project
Gold Springs
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
4.5
Grade Unit
g/t
Intercept
4.5 m
From
169.2 m
To
173.7 m
Intercept Depth
169.2 m

Classification

Sample Type
drill
Group ID
and:169.2-173.7
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
0.54
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 4.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 20.3 g/t·m is below.

Negative factors

  • 4.5 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.5”

Context: and

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andGold Springs · goldGrade: 0.34Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
Gold Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
0.34
Grade Unit
g/t
Intercept
7.6 m
From
181.4 m
To
189 m
Intercept Depth
181.4 m

Classification

Sample Type
drill
Group ID
and:181.4-189
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
0.38
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 0.34 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 2.6 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.34”

Context: and

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andGold Springs · silverGrade: 6.2Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
Gold Springs
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
6.2
Grade Unit
g/t
Intercept
7.6 m
From
181.4 m
To
189 m
Intercept Depth
181.4 m

Classification

Sample Type
drill
Group ID
and:181.4-189
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
0.38
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 6.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 47.1 g/t·m is below.

Negative factors

  • 6.2 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“6.2”

Context: and

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andGold Springs · goldGrade: 0.71Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
and
Project
Gold Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
0.71
Grade Unit
g/t
Intercept
3.1 m
From
211.8 m
To
214.9 m
Intercept Depth
211.8 m

Classification

Sample Type
drill
Group ID
and:211.8-214.9
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
0.72
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 0.71 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 2.2 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.71”

Context: and

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andGold Springs · silverGrade: 1.6Grade Unit: g/tIntercept: 3.1 mView all details
Link to this fact

Identity

Hole ID
and
Project
Gold Springs
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
1.6
Grade Unit
g/t
Intercept
3.1 m
From
211.8 m
To
214.9 m
Intercept Depth
211.8 m

Classification

Sample Type
drill
Group ID
and:211.8-214.9
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
0.72
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 1.6 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 5.0 g/t·m is below.

Negative factors

  • 1.6 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.6”

Context: and

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

E-22-022Gold Springs · goldGrade: 1.07Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
E-22-022
Project
Gold Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
1.07
Grade Unit
g/t
Intercept
6.1 m
From
134.1 m
To
140.2 m
Intercept Depth
134.1 m

Classification

Sample Type
drill
Group ID
E-22-022:134.1-140.2
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
1.1
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 1.07 g/t gold is moderate against the default band [5, 2, 1, 0.3] g/t. Grade×width 6.5 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.07”

Context: E-22-022

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

E-22-022Gold Springs · silverGrade: 3.9Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
E-22-022
Project
Gold Springs
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
3.9
Grade Unit
g/t
Intercept
6.1 m
From
134.1 m
To
140.2 m
Intercept Depth
134.1 m

Classification

Sample Type
drill
Group ID
E-22-022:134.1-140.2
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
1.1
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 3.9 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 23.8 g/t·m is below.

Negative factors

  • 3.9 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3.9”

Context: E-22-022

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andGold Springs · goldGrade: 0.93Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
and
Project
Gold Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
0.93
Grade Unit
g/t
Intercept
3 m
From
202.7 m
To
205.7 m
Intercept Depth
202.7 m

Classification

Sample Type
drill
Group ID
and:202.7-205.7
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
0.96
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 0.93 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 2.8 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.93”

Context: and

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andGold Springs · silverGrade: 4.4Grade Unit: g/tIntercept: 3 mView all details
Link to this fact

Identity

Hole ID
and
Project
Gold Springs
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
4.4
Grade Unit
g/t
Intercept
3 m
From
202.7 m
To
205.7 m
Intercept Depth
202.7 m

Classification

Sample Type
drill
Group ID
and:202.7-205.7
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
0.96
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 4.4 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 13.2 g/t·m is below.

Negative factors

  • 4.4 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“4.4”

Context: and

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andGold Springs · goldGrade: 0.55Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
and
Project
Gold Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
0.55
Grade Unit
g/t
Intercept
6.1 m
From
213.4 m
To
219.5 m
Intercept Depth
213.4 m

Classification

Sample Type
drill
Group ID
and:213.4-219.5
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
0.57
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 0.55 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 3.4 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.55”

Context: and

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andGold Springs · silverGrade: 3Grade Unit: g/tIntercept: 6.1 mView all details
Link to this fact

Identity

Hole ID
and
Project
Gold Springs
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
3
Grade Unit
g/t
Intercept
6.1 m
From
213.4 m
To
219.5 m
Intercept Depth
213.4 m

Classification

Sample Type
drill
Group ID
and:213.4-219.5
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
0.57
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 3 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 18.3 g/t·m is below.

Negative factors

  • 3 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“3”

Context: and

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

E-22-023Gold Springs · goldGrade: 1.92Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
E-22-023
Project
Gold Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
1.92
Grade Unit
g/t
Intercept
1.5 m
From
166.1 m
To
167.6 m
Intercept Depth
166.1 m

Classification

Sample Type
drill
Group ID
E-22-023:166.1-167.6
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
1.93
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 1.92 g/t gold is moderate against the default band [5, 2, 1, 0.3] g/t. Grade×width 2.9 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.92”

Context: E-22-023

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

E-22-023Gold Springs · silverGrade: 1.8Grade Unit: g/tIntercept: 1.5 mView all details
Link to this fact

Identity

Hole ID
E-22-023
Project
Gold Springs
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
1.8
Grade Unit
g/t
Intercept
1.5 m
From
166.1 m
To
167.6 m
Intercept Depth
166.1 m

Classification

Sample Type
drill
Group ID
E-22-023:166.1-167.6
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
1.93
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 1.8 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 2.7 g/t·m is below.

Negative factors

  • 1.8 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.8”

Context: E-22-023

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andGold Springs · goldGrade: 0.57Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
Gold Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
0.57
Grade Unit
g/t
Intercept
7.6 m
From
196.6 m
To
204.2 m
Intercept Depth
196.6 m

Classification

Sample Type
drill
Group ID
and:196.6-204.2
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
0.58
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 0.57 g/t gold is weak against the default band [5, 2, 1, 0.3] g/t. Grade×width 4.3 g/t·m is below (grade alone is weak; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“0.57”

Context: and

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andGold Springs · silverGrade: 1.5Grade Unit: g/tIntercept: 7.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
Gold Springs
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
1.5
Grade Unit
g/t
Intercept
7.6 m
From
196.6 m
To
204.2 m
Intercept Depth
196.6 m

Classification

Sample Type
drill
Group ID
and:196.6-204.2
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
0.58
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 1.5 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 11.4 g/t·m is below.

Negative factors

  • 1.5 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.5”

Context: and

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andGold Springs · goldGrade: 1.22Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
Gold Springs
Commodity
gold
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
1.22
Grade Unit
g/t
Intercept
1.6 m
From
256 m
To
257.6 m
Intercept Depth
256 m

Classification

Sample Type
drill
Group ID
and:256-257.6
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
1.24
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 1.22 g/t gold is moderate against the default band [5, 2, 1, 0.3] g/t. Grade×width 2.0 g/t·m is below (grade alone is moderate; the better of the two is used).

Negative factors

  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“1.22”

Context: and

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

andGold Springs · silverGrade: 2.2Grade Unit: g/tIntercept: 1.6 mView all details
Link to this fact

Identity

Hole ID
and
Project
Gold Springs
Commodity
silver
Region
usa_nv
Reported Region
usa_nv
Ticker
GRC

Geometry

Grade
2.2
Grade Unit
g/t
Intercept
1.6 m
From
256 m
To
257.6 m
Intercept Depth
256 m

Classification

Sample Type
drill
Group ID
and:256-257.6
Mining Method
unknown

Location

CRS
UTM NAD 27 Z11

QA/QC

Laboratory
ALS Geochemical
QA/QC Disclosed
Yes
QP Signed
Yes
QA/QC Methods
standards, blanks, duplicates, check_assays

Metal Equivalent

Metal Eq. Grade
1.24
Metal Eq. Unit
g/t Eq
Assumptions Disclosed
Yes

Review

Needs Review
No
Interp. Status
scored
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Expanded from assay table. 2.2 g/t silver is below against the default band [500, 200, 100, 30] g/t. Grade×width 3.5 g/t·m is below.

Negative factors

  • 2.2 g/t silver is below the weak threshold (30 g/t) on the default band.
  • Scored from rubric bands during table expansion, not from document context.

Evidence · table

“2.2”

Context: and

Tags used in scoring

QA/QC Disclosedpositive

Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods (blanks, standards, duplicates).

Why it applies: qaqc_disclosed is true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Resource Estimates (2)

inferredGold Springs · goldTonnes: 1725Grade: 0.38Grade Unit: g/tView all details
Link to this fact

Identity

Project
Gold Springs
Commodity
gold
Region
usa_nv
Reported Region
Nevada and Utah, USA
Ticker
GRC

Resource scope

Estimate type
resource
Effective date
2022-06-13T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Randall Moore
Resource group id
resource:d9f8f690bc93d90ed530
Deposit or zone
South Jumbo

Resource Data

Category
inferred
Tonnes
1725
Grade
0.38
Grade Unit
g/t
Cutoff Grade
0.25
Cutoff Unit
g/t gold

Prior Estimate

Resource Date
2022-06-13

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Geochemical

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Lower confidence Inferred gold resource, compliant with NI 43-101, but requires further drilling to upgrade. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • NI 43-101 compliant and QP signed.
  • Contributes to overall gold ounces.

Negative factors

  • Lower confidence Inferred category.
  • Estimate is based on drilling up to 2021, not incorporating recent results.

Evidence · table

“0.38”

Context: 1,725

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

inferredGold Springs · silverTonnes: 1725Grade: 4.51Grade Unit: g/tView all details
Link to this fact

Identity

Project
Gold Springs
Commodity
silver
Region
usa_nv
Reported Region
Nevada and Utah, USA
Ticker
GRC

Resource scope

Estimate type
resource
Effective date
2022-06-13T00:00:00.000Z
Reporting standards
ni_43_101
QP Signed
Yes
Qualified person names
Randall Moore
Resource group id
resource:d9f8f690bc93d90ed530
Deposit or zone
South Jumbo

Resource Data

Category
inferred
Tonnes
1725
Grade
4.51
Grade Unit
g/t
Cutoff Grade
0.25
Cutoff Unit
g/t gold

Prior Estimate

Resource Date
2022-06-13

Metal Equivalent

Assumptions Disclosed
Yes

Lab

Laboratory
ALS Geochemical

Location

Loc. Confidence
inferred

Review

Needs Review
No
Historical
No

Dates

Event date
2023-10-23T00:00:00.000Z

Reasoning: Lower confidence Inferred gold resource, compliant with NI 43-101, but requires further drilling to upgrade. (Expanded from multi-commodity resource table for completeness.)

Positive factors

  • NI 43-101 compliant and QP signed.
  • Contributes to overall gold ounces.

Negative factors

  • Lower confidence Inferred category.
  • Estimate is based on drilling up to 2021, not incorporating recent results.

Evidence · table

“4.51”

Context: 1,725

Tags used in scoring

Inferred Resourcenegative

Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: category is "inferred"

Cut-off Disclosedpositive

Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison.

Why it applies: cutoff_grade is stated

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: qp_signed is true

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: reporting_standards includes ni_43_101

No Contained Metalnegative

Tonnage and grade reported but contained metal not calculated or disclosed — incomplete reporting.

Why it applies: contained_metal was not reported

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: the release compares against a previous estimate

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.