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. reports recurring financial, governance and mineral-exploration updates for its public securities, including TSX:GRC and OTCQB:GRCAF. Company releases commonly cover audited and interim consolidated financial statements, MD&A, annual information forms, exploration spending, drilling-related activity, administrative costs, cash balances and net losses.
Operations updates address exploration work and project planning, while annual meeting news documents director elections, auditor appointments and shareholder voting results.
Gold Springs Resource (OTCQB:GRCAF) released unaudited Q1 2026 financial statements and MD&A for the period ended March 31, 2026. Results are in U.S. dollars.
General and administrative expenses fell to $0.13 million from $0.14 million, and exploration spending declined to $0.08 million from $0.09 million.
The company reported a net loss of $0.13 million (nil per share) versus a $0.17 million net loss (nil per share) a year earlier, mainly linked to higher foreign exchange losses. Cash totaled $0.01 million at March 31, 2026.
Gold Springs Resource (OTCQB: GRCAF; TSX: GRC) filed audited consolidated financial statements, MD&A and its annual information form for the year ended December 31, 2025. All amounts are in U.S. dollars.
Key figures: exploration spending rose to $0.97 million, net loss was $0.66 million (loss per share $0.00), and year-end cash totaled $0.05 million. The company reported foreign exchange losses of $0.03 million in 2025.
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+.