GoldSpring, Inc. Secures Financing to Commence Drilling



GOLD HILL, Nev., Dec. 12 /PRNewswire-FirstCall/—GoldSpring, Inc.
(OTC Bulletin Board: GSPG) announced today that a group of its existing
investors has committed financing in the amount of $1.0 million. In
consideration for the financing, the Company has issued promissory notes at
an original issue discount of twenty (20%) percent. The term of the notes
is one year. The annual interest rate on the notes is 4.9% of the face
value and is payable on the anniversary of the loan date. The Company
intends to draw down $500,000 immediately to commence their planned
drilling program and for general corporate purposes. The balance of the
financing will be funded at the Company’s request over the next 90 days to
fund the drilling program.

Commenting on the financing, GoldSpring President and CEO, Rob Faber,
said, “This phase of financing will be primarily utilized to advance our
drilling program at our Comstock Lode project. For the last several months
our team has been studying geological data of our Comstock Lode project to
develop an efficient drilling program. With the geological study nearly
complete, we have begun our search for a drilling contractor.”

GoldSpring, Inc. is a North American precious metals mining company
with an operating gold and silver mine in northern Nevada. The Company was
formed in mid-2003 and acquired the Plum Mine property located in the
Comstock Lode District in November 2003. In the Company’s relatively short
history, it secured permits, built an infrastructure and brought the
Comstock Lode project into production. Since 2005, the Company started
acquiring additional properties around their Comstock Lode project in
northern Nevada, expanding its footprint and creating opportunities for
exploration. GoldSpring is an emerging company, looking to build on its
success through the acquisition of other mineral properties in North
America with reserves and exploration potential that can be efficiently put
into near-term production. The Company’s objectives are to increase
production, increase reserves through exploration and acquisitions, expand
its footprint in the Comstock, and maximize cash flow and return for its
shareholders.

The Private Securities Litigation Reform Act of 1995 provides a “safe
harbor” for forward-looking statements. Certain information included in
this communication (as well as information included in oral statements or
other written statements made or to be made by GoldSpring) contains
statements that are “forward-looking,” as defined in Section 21E of the
Securities Exchange Act, such as statements relating to the future
anticipated direction of the high technology and energy industries, plans
for future expansion, various business development activities, planned
capital expenditures, future funding sources, anticipated sales growth,
mining capability and potential contracts. Such forward-looking information
involves important risks and uncertainties, which include the risk factors
disclosed in our most recent Form 10-KSB filed on April 15, 2005, that
could significantly affect anticipated results in the future and,
accordingly, such results may differ from those expressed in any
forward-looking statements made by or on behalf of GoldSpring. These risks
and uncertainties include, but are not limited to, those relating to
development and expansion activities, dependence on existing management,
financial activities, domestic and global economic conditions, changes in
federal or state tax laws and market competition factors. These and other
factors, which could cause actual results to differ materially, are
discussed in more detail in GoldSpring’s filings with the Securities and
Exchange Commission. Forward- looking statements include statements
regarding our expectations, beliefs, intentions or strategies regarding the
future and can be identified by forward-looking words such as “anticipate,”
“believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,”
“will,” and “would” or similar words. We assume no obligation to update the
information included in this press release, whether as a result of new
information, future events or otherwise.

Contact information for GoldSpring, Inc.:
P.O. Box 1118
Virginia City, NV 89440
Tel 775.847.5272
Fax 775.847.4762
http://www.goldspring.us

Robert T. Faber, President and CEO
(480) 603-5151
(775) 847-5272
E-mail:

SOURCE GoldSpring, Inc.

GoldSpring, Inc. Hires Drilling Contractor and Drilling Expected to Commence Immediately



GOLD HILL, Nev., Dec. 18 /PRNewswire-FirstCall/—GoldSpring, Inc.
(OTC Bulletin Board: GSPG) announced today that it has entered into an
agreement with Orbit Garant Drilling, Inc., one of the largest drilling
companies in North America, to perform exploration and developmental
drilling at its Comstock Lode Project. The drill rig and crew are scheduled
to arrive today, and the Company expects drilling to commence this week.

GoldSpring’s COO, James Golden, said, “During the past several months
we have been studying the geological data of the Comstock District and
delineating ore bodies to determine the most advantageous drilling
strategy. The results of our study allowed us to develop a drilling program
which is anticipated to increase our mineral reserves and provide the
necessary data to complete our mine plan and reserve report for the
Hartford Complex. Our Phase 1 Drilling program is the next step in our
preparatory plan for mining operation resumption in 2008.”

GoldSpring, Inc. is a North American precious metals mining company
with an operating gold and silver mine in northern Nevada. The Company was
formed in mid-2003 and acquired the Plum Mine property located in the
Comstock Lode District in November 2003. In the Company’s relatively short
history, it secured permits, built an infrastructure and brought the
Comstock Lode project into production. Since 2005, the Company started
acquiring additional properties around their Comstock Lode project in
northern Nevada, expanding its footprint and creating opportunities for
exploration. GoldSpring is an emerging company, looking to build on its
success through the acquisition of other mineral properties in North
America with reserves and exploration potential that can be efficiently put
into near-term production. The Company’s objectives are to increase
production, increase reserves through exploration and acquisitions, expand
its footprint in the Comstock, and maximize cash flow and return for its
shareholders.

The Private Securities Litigation Reform Act of 1995 provides a “safe
harbor” for forward-looking statements. Certain information included in
this communication (as well as information included in oral statements or
other written statements made or to be made by GoldSpring) contains
statements that are “forward-looking,” as defined in Section 21E of the
Securities Exchange Act, such as statements relating to the future
anticipated direction of the high technology and energy industries, plans
for future expansion, various business development activities, planned
capital expenditures, future funding sources, anticipated sales growth,
mining capability and potential contracts. Such forward-looking information
involves important risks and uncertainties, which include the risk factors
disclosed in our most recent Form 10-KSB filed on April 15, 2005, that
could significantly affect anticipated results in the future and,
accordingly, such results may differ from those expressed in any
forward-looking statements made by or on behalf of GoldSpring. These risks
and uncertainties include, but are not limited to, those relating to
development and expansion activities, dependence on existing management,
financial activities, domestic and global economic conditions, changes in
federal or state tax laws and market competition factors. These and other
factors, which could cause actual results to differ materially, are
discussed in more detail in GoldSpring’s filings with the Securities and
Exchange Commission. Forward-looking statements include statements
regarding our expectations, beliefs, intentions or strategies regarding the
future and can be identified by forward-looking words such as “anticipate,”
“believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,”
“will,” and “would” or similar words. We assume no obligation to update the
information included in this press release, whether as a result of new
information, future events or otherwise.

Contact information for GoldSpring, Inc.:
P.O. Box 1118
Virginia City, NV 89440
Tel 775.847.5272
Fax 775.847.4762
http://www.goldspring.us

Robert T. Faber, President and CEO
(480) 603-5151
(775) 847-5272
E-mail:

SOURCE GoldSpring, Inc.

--------------------------------------------------------------------------------

GoldSpring, Inc. to Commence Second Round of Drilling Today



GOLD HILL, Nev., Jan. 3 /PRNewswire-FirstCall/—GoldSpring, Inc. (OTC
Bulletin Board: GSPG) announced today that the second round of drilling
will commence today. GoldSpring performed in-house atomic absorption assays
of the first drill holes and they are encouraged by the results. The
Company has sent the drill samples to American Assay, an accredited lab,
for third party verification. The Company expects American Assay results
before month end at which time GoldSpring intends to publish the results
from phase 1 drilling.

GoldSpring, Inc. is a North American precious metals mining company
with an operating gold and silver mine in northern Nevada. The Company was
formed in mid-2003 and acquired the Plum Mine property located in the
Comstock Lode District in November 2003. In the Company’s relatively short
history, it secured permits, built an infrastructure and brought the
Comstock Lode project into production. Since 2005, the Company started
acquiring additional properties around their Comstock Lode project in
northern Nevada, expanding its footprint and creating opportunities for
exploration. GoldSpring is an emerging company, looking to build on its
success through the acquisition of other mineral properties in North
America with reserves and exploration potential that can be efficiently put
into near-term production. The Company’s objectives are to increase
production, increase reserves through exploration and acquisitions, expand
its footprint in the Comstock, and maximize cash flow and return for its
shareholders.

The Private Securities Litigation Reform Act of 1995 provides a ‘safe
harbor’ for forward-looking statements. Certain information included in
this communication (as well as information included in oral statements or
other written statements made or to be made by GoldSpring) contains
statements that are ‘forward-looking,’ as defined in Section 21E of the
Securities Exchange Act, such as statements relating to the future
anticipated direction of the high technology and energy industries, plans
for future expansion, various business development activities, planned
capital expenditures, future funding sources, anticipated sales growth,
mining capability and potential contracts. Such forward-looking information
involves important risks and uncertainties, which include the risk factors
disclosed in our most recent Form 10-KSB filed on April 15, 2005, that
could significantly affect anticipated results in the future and,
accordingly, such results may differ from those expressed in any
forward-looking statements made by or on behalf of GoldSpring. These risks
and uncertainties include, but are not limited to, those relating to
development and expansion activities, dependence on existing management,
financial activities, domestic and global economic conditions, changes in
federal or state tax laws and market competition factors. These and other
factors, which could cause actual results to differ materially, are
discussed in more detail in GoldSpring’s filings with the Securities and
Exchange Commission. Forward- looking statements include statements
regarding our expectations, beliefs, intentions or strategies regarding the
future and can be identified by forward-looking words such as ‘anticipate,’
‘believe,’ ‘could,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘may,’ ‘should,’
‘will,’ and ‘would’ or similar words. We assume no obligation to update the
information included in this press release, whether as a result of new
information, future events or otherwise.

Contact information for GoldSpring, Inc.:
P.O. Box 1118
Virginia City, NV 89440
Tel 775.847.5272
Fax 775.847.4762
http://www.goldspring.us

Robert T. Faber, President and CEO
(480) 603-5151
(775) 847-5272
E-mail:

SOURCE GoldSpring, Inc.

GoldSpring, Inc. Appoints Two New Directors



GOLD HILL, Nev., Jan. 18 /PRNewswire-FirstCall/—GoldSpring, Inc.
(OTC Bulletin Board: GSPG) announced today that Robert T. Faber,
GoldSpring’s President and CEO, and Scott Jolcover have been appointed to
the Company’s Board of Directors. Mr. Faber has served as the Company’s
President and Chief Executive Officer since September 2004 and Chief
Financial Officer since June 2003. Mr. Jolcover has over 25 years of
experience in the mining industry, including management positions with
various mining operations in the Comstock Lode District of Nevada. Mr.
Jolcover, a resident of Carson City, Nevada, brings to the Board a wealth
of practical and historical information about mining in general, and mining
in the Comstock Lode in particular.

Bill Nance, GoldSpring’s Chairman of the Board of Directors, said, “The
appointment of Rob Faber and Scott Jolcover as directors is an important
step in building a strong Board for GoldSpring. Both Mr. Faber and Mr.
Jolcover have long histories of loyalty to the Company and bring a great
deal of experience to the Board.” Asked about the future growth of the
Company, Mr. Nance said, “Over the next few months, we will be focused on
searching for additional directors to round out the Board. Specifically, we
are searching for experienced mining professionals, who will contribute to
the development of GoldSpring.”

GoldSpring, Inc. is a North American precious metals mining company
with an operating gold and silver mine in northern Nevada. The Company was
formed in mid-2003 and acquired the Plum Mine property located in the
Comstock Lode District in November 2003. In the Company’s relatively short
history, it secured permits, built an infrastructure and brought the
Comstock Lode project into production. Since 2005, the Company has been
acquiring additional properties around its Comstock Lode project in
northern Nevada, expanding its footprint and creating opportunities for
exploration. GoldSpring is an emerging company, looking to build on its
success through the acquisition of other mineral properties in North
America with reserves and exploration potential that can be efficiently put
into near-term production. The Company’s objectives are to increase
production, increase reserves through exploration and acquisitions, expand
its footprint in the Comstock, and maximize cash flow and return for its
shareholders.

The Private Securities Litigation Reform Act of 1995 provides a ‘safe
harbor’ for forward-looking statements. Certain information included in
this communication (as well as information included in oral statements or
other written statements made or to be made by GoldSpring) contains
statements that are ‘forward-looking,’ as defined in Section 21E of the
Securities Exchange Act, such as statements relating to the future
anticipated direction of the high technology and energy industries, plans
for future expansion, various business development activities, planned
capital expenditures, future funding sources, anticipated sales growth,
mining capability and potential contracts. Such forward-looking information
involves important risks and uncertainties, which include the risk factors
disclosed in our most recent Form 10-KSB filed on April 15, 2005, that
could significantly affect anticipated results in the future and,
accordingly, such results may differ from those expressed in any
forward-looking statements made by or on behalf of GoldSpring. These risks
and uncertainties include, but are not limited to, those relating to
development and expansion activities, dependence on existing management,
financial activities, domestic and global economic conditions, changes in
federal or state tax laws and market competition factors. These and other
factors, which could cause actual results to differ materially, are
discussed in more detail in GoldSpring’s filings with the Securities and
Exchange Commission. Forward- looking statements include statements
regarding our expectations, beliefs, intentions or strategies regarding the
future and can be identified by forward-looking words such as ‘anticipate,’
‘believe,’ ‘could,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘may,’ ‘should,’
‘will,’ and ‘would’ or similar words. We assume no obligation to update the
information included in this press release, whether as a result of new
information, future events or otherwise.

Contact information for GoldSpring, Inc.:
P.O. Box 1118
Virginia City, NV 89440
Tel 775.847.5272
Fax 775.847.4762
http://www.goldspring.us

Robert T. Faber, President and CEO
480.603.5151
775.847.5272
E-mail:

SOURCE GoldSpring, Inc.

GoldSpring, Inc. Receives Positive Assay Results



GOLD HILL, Nev., Jan. 24 /PRNewswire-FirstCall/—GoldSpring, Inc.
(OTC Bulletin Board: GSPG) announced today that early assay results from
Stage One drilling at the Company’s Comstock Lode Project are encouraging.
The assays are being conducted by American Labs, an independent testing
firm. The Company expects to receive a complete report from the lab within
the next four business days. GoldSpring intends to release the results of
the assays after the completed report had been received and reviewed.

GoldSpring, Inc. is a North American precious metals mining company
with an operating gold and silver mine in northern Nevada. The Company was
formed in mid-2003 and acquired the Plum Mine property located in the
Comstock Lode District in November 2003. In the Company’s relatively short
history, it secured permits, built an infrastructure and brought the
Comstock Lode project into production. Since 2005, the Company has been
acquiring additional properties around its Comstock Lode project in
northern Nevada, expanding its footprint and creating opportunities for
exploration. GoldSpring is an emerging company, looking to build on its
success through the acquisition of other mineral properties in North
America with reserves and exploration potential that can be efficiently put
into near-term production. The Company’s objectives are to increase
production, increase reserves through exploration and acquisitions, expand
its footprint in the Comstock, and maximize cash flow and return for its
shareholders.

The Private Securities Litigation Reform Act of 1995 provides a ‘safe
harbor’ for forward-looking statements. Certain information included in
this communication (as well as information included in oral statements or
other written statements made or to be made by GoldSpring) contains
statements that are ‘forward-looking,’ as defined in Section 21E of the
Securities Exchange Act, such as statements relating to the future
anticipated direction of the high technology and energy industries, plans
for future expansion, various business development activities, planned
capital expenditures, future funding sources, anticipated sales growth,
mining capability and potential contracts. Such forward-looking information
involves important risks and uncertainties, which include the risk factors
disclosed in our most recent Form 10-KSB filed on April 15, 2005, that
could significantly affect anticipated results in the future and,
accordingly, such results may differ from those expressed in any
forward-looking statements made by or on behalf of GoldSpring. These risks
and uncertainties include, but are not limited to, those relating to
development and expansion activities, dependence on existing management,
financial activities, domestic and global economic conditions, changes in
federal or state tax laws and market competition factors. These and other
factors, which could cause actual results to differ materially, are
discussed in more detail in GoldSpring’s filings with the Securities and
Exchange Commission. Forward-looking statements include statements
regarding our expectations, beliefs, intentions or strategies regarding the
future and can be identified by forward-looking words such as ‘anticipate,’
‘believe,’ ‘could,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘may,’ ‘should,’
‘will,’ and ‘would’ or similar words. We assume no obligation to update the
information included in this press release, whether as a result of new
information, future events or otherwise.

Contact information for GoldSpring, Inc.:
P.O. Box 1118
Virginia City, NV 89440
Tel 775.847.5272
Fax 775.847.4762
http://www.goldspring.us

Robert T. Faber, President and CEO
480.603.5151
775.847.5272
E-mail:

SOURCE GoldSpring, Inc.

GoldSpring, Inc. Announces Stage 1 Drill Results



GOLD HILL, Nev., Feb. 5 /PRNewswire-FirstCall/—GoldSpring, Inc. (OTC
Bulletin Board: GSPG) announced today that it has received assay data from
American Assay, an independent testing firm, for the four exploratory holes
drilled during December 2007 in the Hartford Complex in the Comstock Lode
District of Nevada. As part of the Company’s Phase 1 Drilling Plan, the
four exploratory holes were drilled in a line, demonstrating lateral
continuity between the drill holes. The drill results indicate the
continuation of the gold and silver mineralization beyond the current
boundaries of the Hartford Complex pit on to the Company’s adjoining claims
further expanding the known ore body. The third party assay results showed
ore grades that were 30% greater than the initial grades indicated by the
Company’s preliminary in-house assays. The first exploratory hole, L07-01,
encountered 80 feet of precious metals mineralization from a depth of 70’
to 150’ grading 0.056 opt gold and 0.668 opt silver. The hole is
highlighted by 10’ grading 0.117 opt gold and 1.611 opt silver. The second
exploratory hole, L07-02, encountered 115’ (160’ - 275’) of precious metals
mineralization grading 0.074 opt gold and 0.69 opt silver, highlighted by
15’ grading 0.180 opt gold and 0.67 opt silver. The third and fourth
exploratory holes, L07-03 and L07-04, encountered gold values highlighted
by 30’ of 0.036 opt gold and 1.00 opt silver.

The Company’s Phase 1 Drilling Program commenced in the Lucerne Pit of
the Hartford Complex in December 2007. Jim Golden, GoldSpring’s Chief
Operating Officer, said, “We are pleased to see the assay results from the
outside lab show significantly higher grades of ore than our in-house
testing. We are also encouraged by the fact that the mineralization lies
close to the surface, creating additional positive economic possibilities.”

GoldSpring, Inc. is a North American precious metals mining company
with an operating gold and silver mine in northern Nevada. The Company was
formed in mid-2003 and acquired the Plum Mine property located in the
Comstock Lode District in November 2003. In the Company’s relatively short
history, it secured permits, built an infrastructure and brought the
Comstock Lode project into production. Since 2005, the Company has been
acquiring additional properties around its Comstock Lode project in
northern Nevada, expanding its footprint and creating opportunities for
exploration. GoldSpring is an emerging company, looking to build on its
success through the acquisition of other mineral properties in North
America with reserves and exploration potential that can be efficiently put
into near-term production. The Company’s objectives are to increase
production, increase reserves through exploration and acquisitions, expand
its footprint in the Comstock, and maximize cash flow and return for its
shareholders.

The Private Securities Litigation Reform Act of 1995 provides a ‘safe
harbor’ for forward-looking statements. Certain information included in
this communication (as well as information included in oral statements or
other written statements made or to be made by GoldSpring) contains
statements that are ‘forward-looking,’ as defined in Section 21E of the
Securities Exchange Act, such as statements relating to the future
anticipated direction of the high technology and energy industries, plans
for future expansion, various business development activities, planned
capital expenditures, future funding sources, anticipated sales growth,
mining capability and potential contracts. Such forward-looking information
involves important risks and uncertainties, which include the risk factors
disclosed in our most recent Form 10-KSB filed on April 15, 2005, that
could significantly affect anticipated results in the future and,
accordingly, such results may differ from those expressed in any
forward-looking statements made by or on behalf of GoldSpring. These risks
and uncertainties include, but are not limited to, those relating to
development and expansion activities, dependence on existing management,
financial activities, domestic and global economic conditions, changes in
federal or state tax laws and market competition factors. These and other
factors, which could cause actual results to differ materially, are
discussed in more detail in GoldSpring’s filings with the Securities and
Exchange Commission. Forward-looking statements include statements
regarding our expectations, beliefs, intentions or strategies regarding the
future and can be identified by forward-looking words such as ‘anticipate,’
‘believe,’ ‘could,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘may,’ ‘should,’
‘will,’ and ‘would’ or similar words. We assume no obligation to update the
information included in this press release, whether as a result of new
information, future events or otherwise.

Contact information for GoldSpring, Inc.:
P.O. Box 1118
Virginia City, NV 89440
Tel 775.847.5272
Fax 775.847.4762
http://www.goldspring.us

Robert T. Faber, President and CEO
480.603.5151
775.847.5272
E-mail:
SOURCE GoldSpring, Inc.

SOURCE GoldSpring, Inc.

All of the assays in this news release have been preformed by American
Assay of Reno, Nevada, a laboratory independent of GoldSpring, utilizing
industry standard analytical methods.

About GoldSpring, Inc.

GoldSpring, Inc. is a North American precious metals mining company
with extensive, contiguous property in the Comstock Lode District and an
operating gold and silver mine. In the Company’s relatively short history,
it secured permits, built an infrastructure and brought the Comstock Lode
project into production. Since 2005, the Company has been acquiring
additional properties around its Comstock Lode project in northern Nevada,
expanding its footprint and creating opportunities for exploration. The
Company’s objectives are to optimize production, increase reserves through
exploration and acquisitions, expand its footprint in the Comstock, and
maximize shareholder value.

The Private Securities Litigation Reform Act of 1995 provides a ‘safe
harbor’ for forward-looking statements. Certain information included in
this communication (as well as information included in oral statements or
other written statements made or to be made by GoldSpring) contains
statements that are ‘forward-looking,’ as defined in Section 21E of the
Securities Exchange Act, such as statements relating to the future
anticipated direction of the high technology and energy industries, plans
for future expansion, various business development activities, planned
capital expenditures, future funding sources, anticipated sales growth,
mining capability and potential contracts. Such forward-looking information
involves important risks and uncertainties, which include the risk factors
disclosed in our most recent Form 10-KSB filed on April 15, 2005, that
could significantly affect anticipated results in the future and,
accordingly, such results may differ from those expressed in any
forward-looking statements made by or on behalf of GoldSpring. These risks
and uncertainties include, but are not limited to, those relating to
development and expansion activities, dependence on existing management,
financial activities, domestic and global economic conditions, changes in
federal or state tax laws and market competition factors. These and other
factors, which could cause actual results to differ materially, are
discussed in more detail in GoldSpring’s filings with the Securities and
Exchange Commission. Forward-looking statements include statements
regarding our expectations, beliefs, intentions or strategies regarding the
future and can be identified by forward-looking words such as ‘anticipate,’
‘believe,’ ‘could,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘may,’ ‘should,’
‘will,’ and ‘would’ or similar words. We assume no obligation to update the
information included in this press release, whether as a result of new
information, future events or otherwise.

Contact information for GoldSpring, Inc.:
P.O. Box 1118
Virginia City, NV 89440
Tel 775.847.5272
Fax 775.847.4762
http://www.goldspring.us

Robert T. Faber, President and CEO
480.603.5151
775.847.5272
E-mail:

SOURCE GoldSpring, Inc.

GoldSpring, Inc. Announces Positive 2008 Drill Results



GOLD HILL, Nev., Feb. 28 /PRNewswire-FirstCall/—GoldSpring, Inc.
(OTC Bulletin Board: GSPG) announced today that it has received positive,
third-party assay data for the two exploratory holes drilled during January
2008 in the Hartford Complex in the Comstock Lode District of Nevada.

In holes 2008-01 and 2008-02 the assay data shows ore grades much
higher than those previously encountered by the Company, and a solid
progression from the assay data issued in January 2008 on the first four
exploratory drills.

Jim Golden, GoldSpring’s chief operating officer stated, “We are
delighted with the results of the fifth and sixth exploratory holes, as
they contain a higher grade of both gold and silver than what was
previously discovered in the first four holes of this program. We are
particularly excited that the grades of silver per ton are growing very
significantly.”

January 2008 Exploratory Drill Results

—Fifth Exploratory Hole, 2008-01: high grade intercepts encountered
include 15 feet grading 0.048 ounces per ton gold, and 1.85 ounces per
ton silver. The hole at 55 feet showed grading 0.070 ounces per ton
gold and 2.42 ounces per ton silver.

—Sixth Exploratory Hole, 2008-02: includes 10 feet of mineralization
grading 0.164 ounces per ton gold and 1.19 ounces per ton silver.

Golden continued, “The holes drilled in January 2008 demonstrate
healthy silver and gold mineralization continuing 200 feet north of the
initial four holes we drilled in December 2007, and 200 feet toward the
south. It is important to emphasize that the grades GoldSpring is
encountering in the current drilling program are much higher quality than
the grades previously mined, and are progressively improving.”

Rob Faber, GoldSpring president and chief executive officer said, “The
data from American Assay provide a strong indication of additional
mineralization in the Hartford Complex. Based on the strong results, a
second reverse circulation drill is now on site to accelerate the drilling
program. The second drill will be used to further delineate the ore body as
it trends toward the north, while the first drill will continue to expand
and delineate the size of the ore body in the south. We are further
encouraged that the size of the ore body appears to be expanding. The phase
one drilling program is bringing the Company an important step closer to
our scheduled resumption of mining the Hartford Complex in the summer of
2008.”

Overall, the GoldSpring team is pleased with the results of the first
six holes in the phase one drilling program. The Company believes these
results should continue and intends to release additional independent data
from the phase one drill holes as they are assayed.

Exploratory Drilling Results Table

The Company’s current drilling plan is located on Northing 771600. The
first two holes of 2008 are located 100 feet and 200 feet north of the
mineralized zone established by the Company’s four December 2007
exploratory drill holes. Assayed data received to date for the Company’s
phase one drilling program are highlighted in the table.

Drill Hole Fence Intercept Gold Grade Silver Grade
(Date and Location in Feet (ounces per (ounces per
Number) (Northing) ton Au) ton Ag)
Jan. 2008-02 771800N 35’-55’ 0.029 1.27
120’-130’ 0.164 1.19
135’-215’ 0.033 0.29
245’-275’ 0.037 1.29
275’-325’ 0.003 1.71
Jan. 2008-01 771700N 30’-65’ 0.048 0.90
120’-265’ 0.045 1.27
Dec. 2007-04 771600N 50’-60’ 0.006 0.09

Dec. 2007-03 771600N 55’-90’ 0.031 0.81

Dec. 2007-02 771600N 160’ - 275’ 0.074 0.69

Dec. 2007-01 771600N 65’ - 135’ 0.052 0.64

GoldSpring, Inc. Announces Experts to Join Metallurgical Team



GOLD HILL, Nev., March 5 /PRNewswire-FirstCall/—GoldSpring, Inc.
(OTC Bulletin Board: GSPG) announced today that it has appointed Gene
McClelland, metallurgical engineer, and Jeff Butwell, mineral engineer, to
its consulting team.

Rob Faber, GoldSpring President and Chief Executive Officer said, “We
are very pleased to have Gene McClelland and Jeff Butwell help us oversee
our ore analysis, conceptual design and the implementation of the optimal
metal recovery facility at the Hartford Complex in the Comstock Lode. They
are both highly regarded metallurgists with extensive knowledge of the
Comstock Lode District. I look forward to working with them as we move
closer to our scheduled resumption of mining the Hartford Complex in the
summer of 2008.”

Jim Golden, GoldSpring’s Chief Operating Officer stated, “We recruited
Gene McClelland and Jeff Butwell after a substantive search for top
metallurgist consultants. These two important consultants further
strengthen the GoldSpring team. I respect their professional and leadership
accomplishments. As part of the phase one drilling program, our team is
further delineating the ore body in the Hartford Complex.”

Gene McClelland has over 30 years of experience in precious metals
research and testing, including custom development of many heap leach
processes for mining companies. He holds three patents related to precious
metals processing and has published over 100 articles on the subject. Mr.
McClelland has also taught heap leach processing techniques to mining
professionals for the last 10 years and has completed over 3,000 research
and testing projects for metals recovery. He is currently the president of
McClelland Laboratories in Sparks, Nevada.

Jeff Butwell has more than 40 years of metallurgical and process design
and application experience in the precious metals recovery industry. He
earned his M.S. in metallurgical engineering from Columbia University and a
B.S. in metallurgical engineering from Michigan Tech. Mr. Butwell is a
Metallurgical Consultant for T.P. McNulty & Associates, Inc. and was
previously a senior metallurgist for Whitney and Whitney, focusing on
process plant scoping, operating and capital cost estimates, equipment
sizing and flowchart design, and plant operations.

The GoldSpring team now includes professionals in all aspects of mine
management and mineral project development. Other key team members include:
Dennis Andersen, professional mine engineer (PE) and Nevada certified
environmental manager (CEM); Mike Norred, mine engineer; and Dwight Juras,
Ph.D., geologist.

About GoldSpring, Inc.

GoldSpring, Inc. is a North American precious metals mining company
with extensive, contiguous property in the Comstock Lode District and an
operating gold and silver mine. The Company was formed in mid-2003 and
acquired the Plum Mine property located in the Comstock Lode District in
November 2003. In the Company’s relatively short history, it secured
permits, built an infrastructure and brought the Comstock Lode project into
production. Since 2005, the Company has been acquiring additional
properties around its Comstock Lode project in northern Nevada, expanding
its footprint and creating opportunities for exploration. The Company’s
objectives are to increase production, increase reserves through
exploration and acquisitions, expand its footprint in the Comstock, and
maximize cash flow and return for its shareholders.

The Private Securities Litigation Reform Act of 1995 provides a ‘safe
harbor’ for forward-looking statements. Certain information included in
this communication (as well as information included in oral statements or
other written statements made or to be made by GoldSpring) contains
statements that are ‘forward-looking,’ as defined in Section 21E of the
Securities Exchange Act, such as statements relating to the future
anticipated direction of the high technology and energy industries, plans
for future expansion, various business development activities, planned
capital expenditures, future funding sources, anticipated sales growth,
mining capability and potential contracts. Such forward-looking information
involves important risks and uncertainties, which include the risk factors
disclosed in our most recent filings with the U.S. Securities and Exchange
Commission, that could significantly affect anticipated results in the
future and, accordingly, such results may differ from those expressed in
any forward-looking statements made by or on behalf of GoldSpring. These
risks and uncertainties include, but are not limited to, those relating to
development and expansion activities, dependence on existing management,
financial activities, domestic and global economic conditions, changes in
federal or state tax laws and market competition factors. These and other
factors, which could cause actual results to differ materially, are
discussed in more detail in GoldSpring’s filings with the Securities and
Exchange Commission. Forward- looking statements include statements
regarding our expectations, beliefs, intentions or strategies regarding the
future and can be identified by forward-looking words such as ‘anticipate,’
‘believe,’ ‘could,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘may,’ ‘should,’
‘will,’ and ‘would’ or similar words. We assume no obligation to update the
information included in this press release, whether as a result of new
information, future events or otherwise.

Contact information for GoldSpring, Inc.:
P.O. Box 1118
Virginia City, NV 89440
Tel 775.847.5272
Fax 775.847.4762
http://www.goldspring.us

Robert T. Faber, President and CEO
480.603.5151
775.847.5272
E-mail:

SOURCE GoldSpring, Inc.

GoldSpring’s Latest Assay Results Continue to Improve



GOLD HILL, Nev., March 12 /PRNewswire-FirstCall/—GoldSpring, Inc.
(OTC Bulletin Board: GSPG) announced today that it has received positive,
third-party assay data for the its seventh exploratory hole, since drilling
commenced in December 2007 in the Hartford Complex in the Comstock Lode
District of Nevada.

For Hole 2008-03, the assay data reflects mineral content higher than
the mineral content encountered by the Company in the first six holes
drilled beginning December 2007 and through January 2008. This seventh
exploratory drill hole encountered precious metals values from near the
surface to a drill hole depth of one hundred and eighty five feet. The zone
is highlighted by fifty feet (95’ - 145’) grading 0.121 ounces per ton gold
and 2.7 ounces per ton silver] High grade values in drill hole 2008-03 were
encountered from 105’ to 115’ grading 0.266 ounces per ton gold and 6.7
ounces per ton silver. This drill hole forms, a solid progression from the
earlier results in GoldSpring’s phase one drilling program.

Jim Golden, GoldSpring’s Chief Operating Officer, stated, “We remain
pleased by the increasingly higher levels of gold and silver ore confirmed
by our third-party assayer. Our drilling program is being conducted in
accordance with the United States and Canadian mining industry standards.
This will allow us to move toward completion of our reserve report for the
Hartford Complex, one of GoldSpring’s properties in its Comstock Lode
portfolio. Our encouraging assay results will factor strongly in our
decision making process regarding possible recommencement of mining
activities.

January 2008 Exploratory Drill Results
—Seventh Exploratory Hole, 2008-03: high grade intercepts encountered
include feet grading ounces per ton gold, and ounces per ton silver.
The hole contained in the interval from 15’ to 185’ (170’)
grading 0.068 ounces per ton gold and 1.5 ounces per ton silver

Summary Exploratory Drilling Results Table

The Company’s current drilling plan started on Northing 771600. The
first three holes drilled in 2008 are located 100 feet and 200 feet north
of the mineralized zone established by the Company’s four December 2007
exploratory drill holes. Assayed data received to date for the Company’s
phase one drilling program is summarized in the table.

Drill Hole Fence Intercept Gold Grade Silver Grade
(Date and Location in (ounces per (ounces per
Number) (Northing) Feet ton Au) ton Ag)
Jan. 2008-03 771800N 15’-185’ 0.068 1.5
Jan. 2008-02 771800N 35’-55’ 0.029 1.27
120’-130’ 0.164 1.19
135’-215’ 0.033 0.29
245’-275’ 0.037 1.29
275’-325’ 0.003 1.71
Jan. 2008-01 771700N 30’-65’ 0.048 0.90
120’-265’ 0.045 1.27
Dec. 2007-04 771600N 50’-60’ 0.006 0.09
Dec. 2007-03 771600N 55’-90’ 0.031 0.81
Dec. 2007-02 771600N 160’-275’ 0.074 0.69
Dec. 2007-01 771600N 65’-135’ 0.052 0.64

All of the assays referenced herein and the data derived therefrom have
been performed and analyzed by American Assay of Reno, Nevada, a laboratory
independent of GoldSpring, utilizing industry standard analytical methods.

About GoldSpring, Inc.

GoldSpring, Inc. is a North American precious metals mining company
with extensive, contiguous property in the Comstock Lode District and a
fully permitted gold and silver mine. In the Company’s relatively short
history, it secured permits, built an infrastructure and brought the
Comstock Lode project into production. Since 2005, the Company has been
acquiring additional properties around its Comstock Lode project in
northern Nevada, expanding its footprint and creating opportunities for
exploration. The Company’s objectives are to optimize production, increase
reserves through exploration and acquisitions, expand its footprint in the
Comstock, and maximize shareholder value.

The Private Securities Litigation Reform Act of 1995 provides a ‘safe
harbor’ for forward-looking statements. Certain information included in
this communication (as well as information included in oral statements or
other written statements made or to be made by GoldSpring) contains
statements that are ‘forward-looking,’ as defined in Section 21E of the
Securities Exchange Act, such as statements relating to the future
anticipated direction of the high technology and energy industries, plans
for future expansion, various business development activities, planned
capital expenditures, future funding sources, anticipated sales growth,
mining capability and potential contracts. Such forward-looking information
involves important risks and uncertainties, which include the risk factors
disclosed in our most recent filings with the U.S. Securities and Exchange
Commission, that could significantly affect anticipated results in the
future and, accordingly, such results may differ from those expressed in
any forward-looking statements made by or on behalf of GoldSpring. These
risks and uncertainties include, but are not limited to, those relating to
development and expansion activities, dependence on existing management,
financial activities, domestic and global economic conditions, changes in
federal or state tax laws and market competition factors. These and other
factors, which could cause actual results to differ materially, are
discussed in more detail in GoldSpring’s filings with the Securities and
Exchange Commission. Forward-looking statements include statements
regarding our expectations, beliefs, intentions or strategies regarding the
future and can be identified by forward-looking words such as ‘anticipate,’
‘believe,’ ‘could,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘may,’ ‘should,’
‘will,’ and ‘would’ or similar words. We assume no obligation to update the
information included in this press release, whether as a result of new
information, future events or otherwise.

Contact information for GoldSpring, Inc.:
P.O. Box 1118
Virginia City, NV 89440
Tel 775.847.5272
Fax 775.847.4762
http://www.goldspring.us

Robert T. Faber, President and CEO
480.603.5151
775.847.5272
E-mail:

SOURCE GoldSpring, Inc.

GoldSpring, Inc. to Address Investors



GOLD HILL, Nev., March 24 /PRNewswire-FirstCall/—GoldSpring, Inc.
(OTC Bulletin Board: GSPG) announced today that it has accepted an
invitation to address a group of analysts and institutional investors on
Wednesday, March 26, 2008 at 12:30pm in San Francisco. The Company intends
to discuss its progress and its drill results from December 2007.
GoldSpring, in accordance with SEC item 7.01 Regulation FD Disclosure, will
be filing an 8-K in connection with the disclosure of information, in the
form of the textual information from a powerpoint presentation to be given
at this meeting. The Company intends to file this 8-K on or before March
26, 2008.

About GoldSpring, Inc.

GoldSpring, Inc. is a North American precious metals mining company
with extensive, contiguous property in the Comstock Lode District and a
fully permitted gold and silver mine. In the Company’s relatively short
history, it secured permits, built an infrastructure and brought the
Comstock Lode project into production. Since 2005, the Company has been
acquiring additional properties around its Comstock Lode project in
northern Nevada, expanding its footprint and creating opportunities for
exploration. The Company’s objectives are to optimize production, increase
reserves through exploration and acquisitions, expand its footprint in the
Comstock, and maximize shareholder value.

The Private Securities Litigation Reform Act of 1995 provides a ‘safe
harbor’ for forward-looking statements. Certain information included in
this communication (as well as information included in oral statements or
other written statements made or to be made by GoldSpring) contains
statements that are ‘forward-looking,’ as defined in Section 21E of the
Securities Exchange Act, such as statements relating to the future
anticipated direction of the high technology and energy industries, plans
for future expansion, various business development activities, planned
capital expenditures, future funding sources, anticipated sales growth,
mining capability and potential contracts. Such forward-looking information
involves important risks and uncertainties, which include the risk factors
disclosed in our most recent filings with the U.S. Securities and Exchange
Commission, that could significantly affect anticipated results in the
future and, accordingly, such results may differ from those expressed in
any forward-looking statements made by or on behalf of GoldSpring. These
risks and uncertainties include, but are not limited to, those relating to
development and expansion activities, dependence on existing management,
financial activities, domestic and global economic conditions, changes in
federal or state tax laws and market competition factors. These and other
factors, which could cause actual results to differ materially, are
discussed in more detail in GoldSpring’s filings with the Securities and
Exchange Commission. Forward-looking statements include statements
regarding our expectations, beliefs, intentions or strategies regarding the
future and can be identified by forward-looking words such as ‘anticipate,’
‘believe,’ ‘could,’ ‘estimate,’ ‘expect,’ ‘intend,’ ‘may,’ ‘should,’
‘will,’ and ‘would’ or similar words. We assume no obligation to update the
information included in this press release, whether as a result of new
information, future events or otherwise.

Contact information for GoldSpring, Inc.:
P.O. Box 1118
Virginia City, NV 89440
Tel 775.847.5272
Fax 775.847.4762
http://www.goldspring.us

Robert T. Faber, President and CEO
480.603.5151
775.847.5272
E-mail: