GoldSpring to Provide Special Investor Update on Tuesday, June 10th to Discuss Significant...

GoldSpring to Provide Special Investor Update on Tuesday, June 10th to Discuss
Significant Developments and Preliminary Findings of 43-101 Resource Report on
Valuation of Company's Mineral Holdings in Nevada's Comstock Lode Mining
District
Company To Hold Conference Call and Webcast at 11 a.m. Eastern Time that Day

GOLD HILL, Nev., June 6 /PRNewswire-FirstCall/ -- GoldSpring, Inc.
(OTC Bulletin Board: GSPG), the largest mineral rights land position in
Nevada's Comstock Lode Mining District, announced today that it will hold a
conference call on Tuesday, June 10th at 11 a.m. eastern time at which time it
expects to discuss the preliminary findings of the 43-101 resource report that
was conducted by an independent geology firm to determine the value of the
mineral rights held by the Company in Nevada's Comstock Lode Mining District.
For the conference call, interested participants should dial 866-214-7077
when calling within the United States or 416-915-9608 when calling
internationally along with pass code 8254829. There will be a playback
available as well. To listen to the playback, please call 888-203-1112 when
calling within the United States or 719-457-0820 when calling internationally.
Please use pass code 8254829 for the replay.
The call is also being webcast and can be access at GoldSpring's website
at http://www.goldspring.us.
Pursuant to Regulation FD, the company reports that drill hole #40, which
is not included in the preliminary resource report being discussed on Tuesday,
encountered 5 feet of ore containing 1.937 ounces of gold per ton. This is
the highest grade of ore since the commencement of the drilling program in
December 2007.
About GoldSpring, Inc.
GoldSpring, Inc. is a North American precious metals mining company,
focused in Nevada, with extensive, contiguous property in the Comstock Lode
District. Our Company was formed in mid-2003, and we acquired two properties
in the Comstock Lode before the end of the year. We secured permits, built an
infrastructure and brought the exploration project into test mining production
within a year of its acquisition. The Company, in 2005, began consolidating
the Comstock Lode by acquiring additional properties in the district,
expanding our footprint and creating opportunities for exploration and mining.
We are an emerging company, looking to build on our success through the
acquisition of other mineral properties in the Comstock Lode District with
reserves or exploration potential. The Company's objectives are to increase
reserves through exploration, expand its footprint in the Comstock, resume
mining, optimize its production, 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: rfaber@goldspring.us

or

Dan Schustack, CEOcast, Inc. for GoldSpring, Inc. at (212) 732-4300

SOURCE GoldSpring, Inc.

Robert T. Faber, President and CEO of GoldSpring, Inc., +1-480-603-5151, or
+1-775-847-5272, rfaber@goldspring.us; or Dan Schustack of CEOcast, Inc.,
+1-212-732-4300, for GoldSpring, Inc.