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 (GRCAF) focuses on gold and silver exploration at its flagship Gold Springs Project in Nevada-Utah's Great Basin. This page provides investors and industry observers with a comprehensive collection of official updates and analysis-driven news coverage.
Access timely reports on drilling results, resource estimates, and strategic developments. Our curated feed includes earnings announcements, partnership agreements, and operational progress updates – all essential for evaluating the company's position in the precious metals sector.
Key content categories include exploration milestones, financial disclosures, management commentary, and technical reports. Bookmark this page to track GRCAF's progress in expanding its resource base while maintaining cost discipline in a competitive mining jurisdiction.
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+.
