October 14, 2021
News Release – Vancouver, British Columbia – October 14, 2021: GSP Resource Corp. (TSX-V: GSPR) (FRA: 0YD) (the “Company” or “GSP”) announces final diamond drill results from the Summer 2021 drilling program at the Alwin Mine project (the “Alwin Property”) located in the Highland Valley Copper Camp of British Columbia.
Five holes totalling 1,439 meters were completed to test the bulk tonnage Copper potential of unmined mineralization within and surrounding the historic Alwin mine. Complete analytical results for holes AM21-2, AM21-4 and AM21-5 have now been received and analyzed, along with the previously reported results for AM21-1 and AM21-3.
Alwin Summer 2021 Drilling Program Bulk Tonnage Grade Highlights:
- Hole AM21-05 – 0.61% CuEq over 164.6 m;
- Hole AM21-02 – 0.14% CuEq over 176.7 m;
- Hole AM21-01 – 0.21% CuEq over 229.7 m, including:
- 28% CuEq over 158.5 m
- 48% CuEq over 79.3 m
GSP is currently in the final stages of planning a fully funded follow up drilling program expected to be mobilized in the fourth quarter of 2021. The Fall 2021 drilling program is expected to further test the bulk tonnage grade potential North of Alwin deposit with 3 diamond drill holes collared from the North of the historic deposit.