November 10, 2023, Vancouver, British Columbia - Gold Springs Resource Corp. (TSX: GRC, OTCQB: GRCAF) (the “Company”), reports the release of its unaudited consolidated financial statements for the three months ended September 30, 2023 and the related management’s discussion and analysis of financial position and results of operations (“MD&A”). In this press release, all amounts are expressed in U.S. dollars, unless
otherwise indicated.
During the nine months ended September 30, 2023, general and administrative expenses, excluding non-cash share-based payments, decreased to $0.45 million compared with $0.51 million during the nine months ended September 30, 2022. During the three months ended September 30, 2023, general and administrative expenses, excluding non-cash share-based payments, decreased to $0.12 million compared with $0.15 million during the three months ended September 30, 2022. Exploration spending during the nine
months ended September 30, 2023, decreased to $0.53 million from $4.34 million
incurred during the same period of last year. During the nine months ended September 30, 2023, the Company reported a net loss of $0.44 million ($nil loss per share) compared
with a net loss of $0.90 million ($nil loss per share) for the same period in the prior year.
During the three months ended September 30, 2023, the Company reported a net loss of $0.16 million ($nil loss per share) compared with a net loss of $0.23 million ($nil loss per share) for the same period in the prior year. As of September 30, 2023, the Company had cash of $0.30 million.

About Gold Springs Resource Corp.
Gold Springs Resource Corp. (TSX: GRC and OTCQB: GRCAF) is focused on the
exploration and expansion of the gold and silver resources of its large Gold Springs project located on the border of Nevada and Utah, USA. The project is situated in the prolific Great Basin of Western USA, one of the best mining jurisdictions in the world.
Gold Springs Resource Corp. Contact:
Antonio Canton, President and CEO