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Golden Spike Resources Corp. explores for copper, gold and zinc mineralization at its 100%-owned Gregory River Copper-Gold Property in western Newfoundland. Company updates center on diamond and Winkie drilling, soil sampling, prospecting and assay results tied to volcanogenic massive sulphide (VMS) and vein-style targets, including Steep Brook, Lode 9, Lower Mitchell and the Vein Zone. News also includes financing activity used to support exploration programs.
Golden Spike Resources (OTCQB: GSPRF) has engaged Independent Trading Group (ITG) to provide market-making services on the CSE and other trading venues, subject to regulatory approval. ITG will aim to maintain a reasonable market and improve liquidity for Golden Spike’s common shares.
According to the company, ITG will be paid CAD$5,500 per month, in advance, under an initial one-month term that automatically renews for additional one-month periods unless terminated on 30 days’ notice. ITG will not receive shares or options and has no direct or indirect interest in Golden Spike’s securities.
Golden Spike Resources (OTCQB: GSPRF, CSE: GLDS) has completed a debt settlement with three directors and its corporate secretary by issuing 1,720,000 common shares at $0.05 per share, extinguishing CAD$86,000 of indebtedness. According to the company, paying with shares is intended to preserve cash for operations. The new shares are subject to a four‑month and one‑day hold period expiring on December 8, 2026. Golden Spike is a Canadian mineral exploration company focused on the Gregory River Property in Newfoundland and other low‑risk jurisdictions.
Golden Spike Resources (OTCQB: GSPRF) has entered into debt settlement agreements with three directors and the corporate secretary. The company plans to issue an aggregate 1,720,000 shares at a deemed price of $0.05 per share to settle CAD$86,000 of indebtedness, subject to Canadian Securities Exchange approval.
All shares issued under the debt settlement will be subject to a four-month plus one day statutory hold period. Golden Spike states it is using shares instead of cash to preserve funds for operations while continuing its mineral exploration activities at the Gregory River Property in Newfoundland.
Golden Spike Resources (OTCQB: GSPRF) announced leadership changes, appointing Ryan Connacher as Chief Executive Officer and director. Connacher replaces Keith Anderson as CEO; Anderson remains President and a member of the Board. Joseph Cullen resigned as director to pursue other opportunities.
According to the company, Connacher brings capital markets and business development experience from roles at Difference Capital Financial, Wek Corp, and as Co-Founder and CEO of Freeport Recovery Group, where he raised $2 million and built two CARF-accredited addiction treatment campuses with a team of more than 30.
Golden Spike describes itself as a Canadian mineral exploration company focused on value creation from mineral opportunities in Canada and other low-risk jurisdictions. It holds a 100% interest in the 5,175-hectare Gregory River Property in Newfoundland, centered on an 11-kilometre stretch of the Gregory River VMS-belt with potential for Cyprus-type polymetallic VMS deposits and historically explored high-grade copper ± gold-zinc structures.
Eric Sprott reported a change in his holdings of Golden Spike Resources (GSPRF) after 1,000,000 warrants held through 2176423 Ontario expired unexercised on June 21, 2026. His position moved from 7,304,348 shares and 1,902,174 warrants to 7,304,348 shares and 902,174 warrants.
This equals about 12.4% of outstanding shares on a non-diluted basis and 13.7% on a partially diluted basis, down from approximately 15.2%. The >2% partially diluted change triggered an updated early warning report. The securities are held for investment purposes.
Golden Spike Resources (OTCQB: GSPRF) reported 2025 soil survey results at its 100%‑owned Gregory River property in western Newfoundland, highlighting a 600 m multi‑element (Au‑Zn‑Cu‑As) anomaly at Lower Mitchell and a 2.6 km copper‑gold trend at Steep Brook North. Individual soil highs include 885 ppb Au, 1,797 ppm Cu and 1,520 ppm Zn.
The Lower Mitchell anomaly aligns with 2025 Winkie drill intercepts, notably 1.02 g/t AuEq over 11.65 m, and remains open to the southwest; Vein Zone East returned no significant anomalies. Company plans further review and follow‑up drilling.
Golden Spike (OTCQB: GSPRF) reported results from an August 2025 Winkie drill program at the 100% owned Gregory River property, Newfoundland, testing Lode 9 NE, Lower Mitchell and West Vein targets.
Key intercepts at Lower Mitchell include 0.68 g/t AuEq over 29.45 m (WD25-08) and 0.30 g/t AuEq over 53.4 m (WD25-05), plus higher-grade cores such as 1.02 g/t AuEq over 11.65 m and a 0.5 m interval of 5.46 g/t AuEq. Lode 9 NE returned narrow copper-rich intervals (e.g., 1.06% Cu over 0.6 m).
Drilling totaled 423.7 m over eight shallow holes (34–63 m), core recovery >95%, and AuEq was calculated using assumed metal prices and 70% recoveries; no metallurgical testwork reported. Results are early-stage and require follow-up drilling and testing.
Golden Spike Resources (OTCQB: GSPRF) has completed its Winkie drilling and soil sampling programs at the Gregory River Copper-Gold Property in western Newfoundland. The exploration program included eight shallow drill holes totaling 423.7 meters targeting the Lode 9 Northeast VMS target and the Lower Mitchell and Vein Zone West vein-style copper-gold targets.
The company collected 623 soil samples over a 2.6 km by 2.0 km grid at the Steep Brook North target area. All samples have been sent to Eastern Analytical Laboratory for analysis, with results expected by October. Golden Spike plans to conduct additional prospecting and sampling later this fall.
Golden Spike Resources (OTCQB: GSPRF) has launched its 2025 summer exploration program at the 100%-owned Gregory River Copper-Gold Property in western Newfoundland. The program includes trail repairs, a 500-meter Winkie drill program, and regional soil sampling.
The drilling campaign will focus on several VMS and vein-style copper-gold targets including Lode 9, Lower Mitchell, Court A, and Vein Zone West. The program will utilize a UTV-mounted winkie drill rig producing 27mm diameter core, with multiple shallow holes averaging 50 meters in depth. Significant findings will warrant follow-up exploration with larger equipment.
Notable targets include the Lower Mitchell prospect, which previously yielded samples of 2.73% copper over 5 metres, and the Court A prospect, featuring high-grade copper veins ranging from 1% to 25%. The company plans to collect approximately 700 soil samples to refine drill targeting and evaluate potential mineralized zone extensions.
Golden Spike Resources (GSPRF) has announced final assay results from its 2024 diamond drilling program at the Gregory River VMS property in Newfoundland. The program comprised 10 reconnaissance diamond drill holes totaling 1,927m across three target areas: Steep Brook, Lode 9, and Vein Zone.
Key highlights include:
- Steep Brook: 0.33% copper, 0.04 g/t gold over 11.15m, including 1.29% copper segments
- Lode 9: 1.49% copper, 0.45 g/t gold over 2.88m, including high-grade sections up to 4.63% copper
- Vein Zone: 0.27% copper over 5.95m and 1.25% copper over 0.5m
The drilling program validated the company's exploration model, discovering multiple sulphide-mineralized zones. Most holes intersected varying amounts of disseminated and/or fracture/veinlet-hosted to semi-massive pyrite mineralization. The company plans additional exploration activities for 2025, including soil sampling, rock sampling, geological mapping, and diamond drilling.