North Springs Resources Corp (OTC:NSRS) has traded as high as $1.20 during today’s trading session and last traded at $1.16 for a gain of 20.83% from yesterday’s close, which is a total gain of over 300% from my first alert and 69% from my last alert!! NSRS traded as high as $.97 yesterday and is now trading 19.58% over that high.
North Springs is pleased to announce the release of the third in a series of four anticipated videos detailing exploration and drilling at the Company’s 20% owned Goldstar/One Arm Joe Gold Project (the “Goldstar Property” or “Goldstar”) in Arizona. The new video can be viewed at the Company’s website at www.northspringsresources.com. Get my next ALERT 100% FREE
The original 10-minute video contains new footage of the current exploration program including extended views of drilling rig operation, the pulling of diamond core drill samples, and initial sample preparation for independent third-party testing. The video also contains an interview conducted at the Goldstar site discussing the measurements of gold bearing quartz veins at surface, interpretation of local geology, and the potential for the quartz veins to continue at depths well below previously expected levels.
“The Goldstar Property exploration program has been going strong for several days now and this video clearly shows some of the significant progress that we have made onsite,” stated Harry Lappa, President of North Springs Resources. “The detailed description and interpretation goes a long way to justify our increasing excitement over the potential of the Goldstar Property. Most notable were positive comments made during the interview that at least one local producing gold mine encountered this type of gold bearing quartz veins down to the 6000 foot level – triple the maximum depth used to figure the previous and updated Goldstar Property potential.”
North Springs and its partners are currently conducting a 21-hole drill program at Goldstar, focusing on seven (7) high-priority target areas. North Springs earned its 20% interest in the Goldstar Property by already supplying funding of $500,000 towards the current exploration and development program. The Company also has the right to acquire an additional 15% interest in the Goldstar Property by supplying $3,000,000 in funding for further exploration and development.
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