North Springs Resources Corp. provided update to shareholders regarding its mineral exploration and development activities. The North Springs portfolio now contains five separate gold exploration and development projects, including the North Springs Property in Nevada, the Imperial Property also in Nevada, the Goldstar/One Arm Joe Project in Arizona, the Rio and Belo Properties in Guyana, and the Edum Banso Gold Project in Ghana. The Goldstar Property consists of 9,000 feet of gold bearing quartz veins in two zones (Goldstar: 6,000 feet and One Arm Joe: 3,000 feet) over 9 claim blocks totaling 180 acres. Previous exploration at the Goldstar Property, including extensive surface sampling (500+), mapping, trenching, assaying, and metallurgy, assisted in calculating the property's estimated reserve of 500,000 tons with an average grade of 0.7oz gold per ton - which could yield approximately 350,000 ounces of gold. Based on current gold spot prices, the Goldstar Property may contain over $550 million in gross mineral value and could result in possibly the largest hardrock gold mine in Arizona history. North Springs and its partners are currently conducting a $500,000 21-hole drill program at Goldstar, focusing on 7 high-priority target areas. The Imperial Gold/Silver Property consists of 24 unpatented mineral claims in Nevada covering approximately 480 acres between the Montezuma Range to the northeast and the Silver Peak Range to the southwest. The claims include the site of the Imperial Mine, a documented historic gold and silver producer. Previous exploration has identified four high-priority target areas at the Imperial Property; Imperial Fault Target, Jasperoid Breccia Target, IP Target, and Resource Target. It started phase one exploration at Imperial and are already completed an initial sampling program at the old Imperial Mine site and from the high-priority Resource Target area. The company has sent the new samples to the laboratory for immediate testing and intends to release the assay results as soon as they become available. The proposed $250,000 phase one exploration program will include geochemical and environmental studies, followed by a reverse-circulation drilling program intended to test previously identified mineralized zones and potentially increase the 50,000 ounce gold resource estimate made by previous operators. The North Springs Gold Property is located about 8 miles northwest of town of Silver Peak, Nevada and consists of approximately 16 unpatented federal lode mining claims that cover two separate areas, the Roadrunner Block and the Coyote Summit Block, and total approximately 1,160 acres. The Rio and Belo Properties cover a combined area of over 25,000 acres of prime greenstone belt located in the Kabouri Gold Mining Area, located about 160 km south-south west of Georgetown, Guyana. The Kabouri Gold Mining Area is part of a well-defined 1,000 mile long band of gold producing greenstone geology from Venezuela and French Guyana. The properties show evidence of significant small-scale artisanal mining from alluvial, colluvial, and bedrock sources. Both properties share similar geological and geochemical characteristics with several well-known formerly producing gold mines in the immediate area at Omai (4 Moz. historical - currently being redeveloped) and at the Omai West Project (1.1 Moz. Estimate) currently being developed by Azimuth Resources Limited just 12 miles to the south. The Edum Banso Gold Project concession covers 20.60 km2 (5,100 acres) located approximately 35 km (21 miles) northwest of city of Takoradi in the southeastern portion of Ghana's historic Ashanti Gold Belt, which is estimated to contain over 100 Moz. of gold within 60 miles of the property. The concession is situated less than one mile from the border of the HBB Father Brown/Adoikrom open pit gold deposits currently being mined by Golden Star Resources. The company owns a 25% interest in Edum Banso and can acquire an additional 10% interest by paying $250,000 to Discovery Gold and funding a multi-phase $1,000,000 work commitment in 2012. The company has already advanced $150,000 to Discovery Gold towards the total cash consideration with the balance of $100,000 payable within 30 days.