Gold Springs Resource Corp. · TSX:GRC
Gold Springs Resource — Investor Presentation (2022)
36 slides from Gold Springs Resource's investor presentation, 2022
Slide 1: Corporate Presentation 2022
Corporate Presentation | 2022 A Single Large Gold Project in USA (Nevada & Utah) A Single Corporate Objective: Rapidly Develop a Multi-Million Ounce Deposit 1 Gold Springs Resource Corp | TSX:GRC - OTCQB:GRCAF C1 - Internal use
Slide 2: Our Company's Objectives
Our Company’s Objectives Obtaining Becoming Advancing the Necessary a Multi-Million Mining Permits a Pre-Feasibility Ounces Deposit Study Gold Springs Resource Corp | TSX:GRC - OTCQB:GRCAF 2 C1 - Internal use
Slide 3: Our Company's Objectives
Our Company’s Objectives The Company’s Objective is to rapidly develop a multi-million ounce deposit and obtain the necessary mining permits. To achieve this goal, the Company has : ➢ Created a new and unique financial instrument. Investors can participate with a guarantee in the significant growth
Slide 4: Why Invest In GRC?
Why Invest In GRC ? 1 Located in the USA, one of the Best Mining Jurisdictions in the World 2 A Large Project of Nearly 8000 ha with Significant Growth Potential 3 Significant Economic Potential Gold Springs Resource Corp | TSX:GRC - OTCQB:GRCAF 4 C1 - Internal use
Slide 5: Located in the USA, One of the Best Mining Jurisdictions
Why Invest In GRC ? 1. Located in the USA, on the border of Nevada & Utah, One of the Best Mining Jurisdictions In the prolific great basin With all the needed of western USA, infrastructure nearby on the border of Nevada and Utah (water, power, roads, railways). NEVADA With low political, cultural,
Slide 6: Located in the USA, One of the Best Mining Jurisdictions
Why Invest In GRC ? 1. Located in the USA, One of the Best Mining Jurisdictions Gold Springs Resource Corp | TSX:GRC - OTCQB:GRCAF 6 C1 - Internal use
Slide 7: A Single Large Gold Project with a Huge Growth Potential
Why Invest In GRC ? 2. A Single Large Gold Project with a Huge Growth Potential A large property of nearly 8000 ha with 33 targets identified – all outcrop covering only 40% of the property. ➢ 6 with Substantial M&I Resources, wide open to expansion ➢ 5 new Discoveries (1 in 2019, 3 in 2021, 1 in 20
Slide 8: Following Old Miners' Footprints
Why Invest In GRC ? 2. A Single Large Gold Project with a Huge Growth Potential Following old miner’s footprints with modern exploration techniques: 5 Stamp, 35 t/day Homestake Mill, 1908 4 historic high-grade underground mining Districts • Deer Lodge, Fay and Eagle V alley in Nevada • Gold Springs
Slide 9: Significant Economic Potential
Why Invest In GRC ? 3. Significant Economic Potential • The resources all outcrop with gold near the surface and could be extracted by low-cost open pit mining and a technically simple heap leach operation. In general, a low stripping ratio allows a low mining cost, coupled with heap leach low proce
Slide 10: Significant Economic Potential
Why Invest In GRC ? 3. Significant Economic Potential Low Administrative Expenses Management is fully Well-Funded invested in GRC Only $700,000 per year Management & Board With no Debt As 95% of the financing hold sev eral million must be spent 21.4% of the shares US dollars in Cash. on exploration
Slide 11: Go/No Go Checklist
Go/No Go Checklist: In line with the Company’s objective to be able to sell Gold Springs with +3million oz gold and a permitting process completed: X GEOLOGY POTENTIAL: 33 gold targets covering only 40% of the property, 6 with substantial M&I resources wide open for expansion and 27 others with sign
Slide 12: Go/No Go Checklist
Go/No Go Checklist: X CULTURAL: We have completed cultural surveys on 90% of the 33 targets to prepare them for our drilling program. Significant sites within the mining footprint are being mitigated without issues. This work will continue through 2022 and 2023 to avoid any potential delays in movin
Slide 13: 2022 Exploration Information
2022 Exploration Information 1 Exploration Plan for 2022 2 Drilling Program Objectives for 2022 3 Four Significant Discoveries Highlighted Gold Springs Resource Corp | TSX:GRC - OTCQB:GRCAF 13 C1 - Internal use
Slide 14: Exploration Program for 2022
2022 Exploration Information 1. Exploration Program for 2022 2022 Drill Program: Q3 Q4 Q2 ➢ 20,100 m RC - 90 Holes Q1 ➢ 2,000 m Core - 8 holes 43-101 Update PEA Update 20'100-Meter RC Drilling $5.5M Drill Results Expanded CSAMT Geophysical Survey BUDGET Core Drilling APPROVED Permitting & Baseline s
Slide 15: Exploration Program for 2022
2022 Exploration Information 1. Exploration Program for 2022 1 RC drill 1 RC drill 1 Core drill Expanded CSAMT Baseline studies to expand the to follow up on to test deeper geophysical surveys completed 6 existing resources 4 new discoveries portions of the to cover 70% to advance the covering only
Slide 16: Drilling Program Objectives for 2022
2022 Exploration Information 2. Drilling Program Objectives for 2022 1 2 3 1 RC Drill to expand 6 1 RC Drill to test 1 Core Drill for 6 existing resources 4 new targets metallurgical testing especially at North and Horseshoe Extension on our resource areas, South Jumbo, Tremor, Homestake, Snow, Midn
Slide 17: Four Significant Discoveries Highlighted
2022 Exploration Information 3. Four Significant Discoveries Highlighted Tremor: 6.87 g/t AuEq ov er 24.4 m and 0.59 g/t AuEq ov er 82.3 m in hole J-21-006 & 1.00 g/t AuEq ov er 163.1 m in hole J-21-015 Charlie Ross: 1 1.17 g/t AuEq ov er 47.5 m in hole CR-21-005 & 1.26 g/t AuEq ov er 15.3 m in hole
Slide 18: A New and Unique Financial Instrument
A New and Unique Financial Instrument The company has set up a new financial instrument with some unique advantages for investors to participate with a guarantee in the company’s significant growth potential: 2 tranches of $10 million to fund two years of drilling programs ➢ Clear potential return o
Slide 19: Share Structure and Information
Share Structure and Information Shares Major Shareholders Common Shares 261,630,880 Board and M anagement 21.4% Europe / Canada Warrants Outstanding 3,000,000 Konwave AG Switzerland Options Outstanding 16,729,942 M ackensie Financial Corp. Canada Total Fully Diluted 281,360,882 As per December 31, 2
Slide 20: Experienced Leadership
Experienced Leadership MANAGEMENT TEAM Antonio Canton, President and CEO Randall Moore, VP of Exploration Killian Ruby, CFO and Corporate Secretary ➢ Certified Public Accountant ➢ +30 years of experience ➢ CPA, CA ➢ 13 years of experience in the mining sector ➢ Associated with gold discoveries at ➢
Slide 21: Cautionary Statement
Cautionary Statement Forward-looking statements: Certain information contained in this corporate presentation includes “forward-looking information” and “forward-looking statements”, as such terms are defined under applicable securities laws (“forward-looking information”). Forward-looking informati
Slide 22: Appendix
APPENDIX Gold Springs Resource Corp | TSX:GRC - OTCQB:GRCAF 22 C1 - Internal use
Slide 23: Positive Geophysical Data
POSITIVE GEOPHYSICAL DATA ➢ 6 M&I substantial resources have been developed at Gold Springs covering only 15% of the property. All are located on the edges of the high-resistivity anomalies as seen in this ZTEM plot. 1 ➢ With the close association between resistivity highs and gold mineralization th
Slide 24: ZTEM Airborne Geophysics Correlate to Geological Structures and Resources
ZTEM AIRBORNE GEOPHYSICS CORRELATE TO GEOLOGICAL STRUCTURES AND RESOURCES ➢ Caldera margins and regional faults allowed the migration of gold-bearing epithermal fluids. ➢ Gold is controlled by these large geological structures and the broken and brecciated rocks surrounding them. ➢ There is a strong
Slide 25: CSAMT Ground-Based Geophysics Helps Guide Drilling Priorities
CSAMT GROUND-BASED GEOPHYSICS HELPS GUIDE DRILLING PRIORITIES ➢ The CSAMT coverage will be expanded in 2022 to cover 70% of the property and the majority of the 33 targets. The added detail from the ground survey allows for better drill hole targeting. ➢ Expansion potential for the current 6 resourc
Slide 26: CSAMT Section Showing the Relationship to the North Jumbo Resource
CSAMT SECTION SHOWING THE RELATIONSHIP TO THE NORTH JUMBO RESOURCE The North Jumbo Resource in relation to the CSAMT resistivity high. 1 The western margin has not been tested by drilling. 2 3 4 Gold Springs Resource Corp | TSX:GRC - OTCQB:GRCAF 26 C1 - Internal use
Slide 27: CSAMT Section Showing the Relationship to the South Jumbo Resource
CSAMT SECTION SHOWING THE RELATIONSHIP TO THE SOUTH JUMBO RESOURCE South Jumbo Resource with the associated CSAMT resistivity high and the relationship to the dominant Etna and Jumbo fault zones. 1 2 3 4 Gold Springs Resource Corp | TSX:GRC - OTCQB:GRCAF 27 C1 - Internal use
Slide 28: CSAMT Highlights Other Drill Targets
CSAMT HIGHLIGHTS OTHER DRILL TARGETS ➢ The 2022 drill program will include 20,100-metre of RC and 2,000-meters of Core and will look to expand the 6 resources, follow-up the new discoveries, and test new targets. ➢ The Jumbo Trend will remain a primary focus. 1 ➢ New targets included in the 2022 dri
Slide 29: 2022 Drill Priorities Gold Springs Project
2022 DRILL PRIORITIES GOLD SPRINGS PROJECT Gold Springs Resource Corp | TSX:GRC - OTCQB:GRCAF 29 C1 - Internal use
Slide 30: GRC's New Discoveries 2019 & 2021
GRC’s NEW DISCOVERIES 2019 & 2021 Homestake Discovery Hole 2019 6.1 Meters at 21.88 g/t Au and 69.25 g/t Ag & 71.6 Meters at 0.71 g/t Au and 1.9 g/t Ag (HS-19-007) Tremor Discovery Hole 2021 24.4 Meters at 5.95 g/t Au and 66.5 g/t Ag (J-21-006) 1 163.1 Meters at 0.93 g/t Au and 5.1 g/t Ag (J-21-015)
Slide 31: In Utah: Resources & Discovery to Follow-up in 2022
IN UTAH: 2 RESOURCES & 1 DISCOVERY TO FOLLOW-UP IN 2022 ➢ The North Jumbo and South Jumbo resources contain the majority of the defined ounces and are located on opposite ends of the 6km long Jumbo Trend. Both are closely associated with ZTEM and CSAMT resistivity 1 anomalies and open to expansion.
Slide 32: In Nevada: Resources & Discoveries to Follow-up in 2022
IN NEVADA: 2 RESOURCES & 3 DISCOVERIES TO FOLLOW-UP IN 2022 ➢ The Grey Eagle and Thor resources are located on the Nevada side of the property. Both are closely associated with ZTEM resistivity anomalies and open to expansion. 1 ➢ Homestake represents GRC’s Nevada 2019 discovery awaiting follow -up
Slide 33: Developing Nevada Trend
DEVELOPING NEVADA TREND ➢ Homestake 2019 discov ery drill-hole HS-19-007: 6.1m @ 21.88 g/t Au and 69.25 g/t Ag and 71.6m @ 0.71 g/t Au and 1.90 g/t Ag (near surface) ➢ Grey Eagle M&I Resource 6.9 million tonnes: 137'000 oz Au (grade 0.61 g/t Au) 1'600'000 oz Ag (grade 7.10 g/t Ag) 2 ➢ White Point •
Slide 34: Gold & Silver Resource
GOLD & SILVER RESOURCE Tonnage Gold Silver Category Area Resource Notes Tonnes ( 1000s ) g/t Oz ( 1000s ) g/t Oz ( 1000s ) GOLD SPRINGS RESOURCE TOTAL – 0.25 g/t gold cutoff ➢ All data is from the Updated Preliminary Economic Measured 26,493 0.51 439 9.05 7,826 Assessment NI 43-101 Technical Report
Slide 35: Grade Comparisons
GRADE COMPARISONS Company Deposit Location Status Gold Grade* Silver Grade* (g/t) (g/t) Resource Notes: Coeur Rochester Nevada Producing 0.10 15.6 Gold Springs grades are Integra Resources DeLamar Idaho PEA 0.41 25.1 well comparable to other West Vault Hasbrouck Nevada PFS 0.44 8.0 large gold deposi
Slide 36: Antonio Canton
ANTONIO CANTON President & CEO [email protected] TSX : GRC | OTCQB : GRCAF Vancouver, BC +1 (778) 801-1667 www.goldspringsresource.com Gold Springs Resource Corp | TSX:GRC - OTCQB:GRCAF 36 C1 - Internal use