Gold Springs Resource Corp. Files 2025 Financial Statements, MD&A and Annual Information Form

Executive Summary

• Gold Springs Resource Corp. released its audited consolidated financial statements, MD&A, and Annual Information Form for the year ended December 31 2025.
• The company reported a net loss of $0.66 million (‑$0.00 per share) with cash on hand of $0.05 million at year‑end.
• Exploration spending increased to $0.97 million, while G&A expenses remained essentially flat at $0.59 million.

Key Details

• Audited Financial Statements: Consolidated statements for FY 2025 filed; amounts presented in U.S. dollars.
• Net Loss: $0.66 million for 2025 versus $0.68 million in 2024; loss per share remained $0.00.
• Cash Position: $0.05 million cash on hand as of December 31 2025.
• General & Administrative Expenses: $0.59 million (excluding non‑cash share‑based payments), a slight increase from $0.58 million in 2024.
• Exploration Expenditures: $0.97 million incurred in 2025, up from $0.55 million in the prior year.
• Key Drivers of Loss: Absence of a $0.05 million equipment disposal loss recorded in 2024 and foreign exchange losses of $0.03 million in 2025.
• Management Discussion & Analysis (MD&A): Provides detailed commentary on financial position, results of operations, and outlook for the Gold Springs project.
• Annual Information Form (AIF): Included with the release, containing regulatory disclosures and forward‑looking statements.

Notable Quotes

(No direct quotes were provided in the press release.)