Welcome to our dedicated page for Gold Springs Resource news (Ticker: GRCAF), a resource for investors and traders seeking the latest updates and insights on Gold Springs Resource stock.
Gold Springs Resource Corp. (OTCQB: GRCAF; TSX: GRC) issues frequent news updates related to the exploration and advancement of its Gold Springs gold-silver project on the Nevada–Utah border. Company news releases cover technical, financial, and corporate developments that help investors and observers follow the progress of this mineral exploration company.
News items often include the filing of audited and unaudited consolidated financial statements and accompanying MD&A, where Gold Springs Resource Corp. discusses general and administrative expenses, exploration spending, net loss, and cash balances in U.S. dollars. These updates provide regular insight into how the company allocates funds between corporate costs and exploration activities at the Gold Springs project.
Operational updates are another key component of the company’s news flow. Gold Springs Resource Corp. has reported on drilling programs at the Charlie Ross resource area, including detailed drill intercepts with gold and silver grades and gold-equivalent calculations. It has also announced work with ADT Environmental & Mineral Consultants and Global Resource Engineering on permit applications for a heap-leach processing pilot plant and a starter pit at the South Jumbo area in Utah, as well as the engagement of a drilling contractor to complete a water well near the proposed processing facility.
Corporate governance developments, such as the results of annual shareholder meetings, election of directors, and re-appointment of auditors, are also disclosed through company news releases. Readers who follow Gold Springs Resource Corp. news can track financial reporting milestones, exploration results, permitting progress, and board-level decisions in one place.
Gold Springs Resource Corp (OTCQB: GRCAF; TSX: GRC) filed unaudited consolidated financial statements and MD&A for the three and nine months ended September 30, 2025. All amounts are in U.S. dollars.
Key figures: nine-month exploration spending rose to $0.77M from $0.45M, primarily due to drilling. G&A (ex. share-based) was $0.41M for nine months versus $0.42M prior year; three-month G&A was $0.14M versus $0.11M. The Company reported a nine-month net loss of $0.48M ($nil loss per share) and a three-month net loss of $0.18M ($nil loss per share). Cash on hand was reported at $0.01M as of September 30, 2025.
Gold Springs Resource Corp. (OTCQB: GRCAF) has released its Q2 2025 financial statements and operational update. The company reported a reduced net loss of $0.13 million for Q2 2025, compared to $0.18 million in Q2 2024, primarily due to lower administrative costs and share-based payment recoveries.
The company's general and administrative expenses decreased to $0.27 million for H1 2025, down from $0.31 million in H1 2024. Exploration spending increased to $0.025 million in H1 2025. As of June 30, 2025, the company held $0.02 million in cash.
Operationally, Gold Springs is working with consultants to secure permits for a heap-leach processing pilot plant and starter pit at the South Jumbo area in Utah, which has a measured and indicated resource of 214,565 oz Au. The company has also engaged Gardiner Brothers Drilling for a water well project to support large-scale operations.
Gold Springs Resource Corp. (TSX: GRC) (OTCQB: GRCAF) has released its audited financial statements, MD&A, and AIF for the year ended December 31, 2024. The company reported a net loss of $0.68 million ($0.00 per share) compared to $0.64 million loss in 2023.
Key financial highlights include:
- General and administrative expenses decreased to $0.58 million from $0.64 million in 2023
- Exploration spending increased to $0.55 million from $0.42 million in 2023
- Cash position of $0.04 million as of December 31, 2024
- Loss includes $0.05 million from equipment disposal and $0.02 million reduction in foreign exchange gains
Gold Springs Resource Corp. (TSX: GRC) has released its Q3 2024 financial statements. The company reported reduced general and administrative expenses of $0.42 million for the nine months ended September 30, 2024, down from $0.45 million in the same period of 2023. Exploration spending decreased to $0.45 million from $0.53 million year-over-year. The company recorded a net loss of $0.52 million for the nine-month period, compared to a $0.44 million loss in 2023. Cash position stood at $0.04 million as of September 30, 2024.
Gold Springs Resource Corp. (TSX: GRC) (OTCQB: GRCAF) has released its Q2 2024 financial statements and MD&A. Key points include:
- General and administrative expenses for H1 2024 decreased to $0.31 million from $0.33 million in H1 2023
- Exploration spending in H1 2024 decreased to $0.17 million from $0.67 million in H1 2023
- Net loss for H1 2024 was $0.34 million compared to $0.28 million in H1 2023
- Q2 2024 net loss was $0.18 million compared to $0.08 million in Q2 2023
- Cash position as of June 30, 2024: $0.01 million
The increased net loss was primarily due to higher non-cash share-based payments expense.
Gold Springs Resource Corp. (TSX: GRC, OTCQB: GRCAF) announced the results of its 2024 Annual Shareholders Meeting held on June 17, 2024, in Vancouver, British Columbia. Shareholders approved all proposed resolutions, including setting the number of directors at five. The elected directors are Laurent Arnoux, Antonio Canton, Victor Dario, Philippe Jouard, and Tina Woodside-Shaw. The voting was conducted by ballot, with Arnoux, Dario, and Jouard receiving 99.92% of votes, Canton 90.92%, and Woodside-Shaw 97.95%. Philippe Jouard, Managing Partner of CELAH Capital, joins the board. Additionally, PricewaterhouseCoopers LLP was re-appointed as the auditors. Detailed voting results can be found on SEDAR+.
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