GSP Highlights Porphyry Potential at Alwin Beside Canada’s Largest Copper Mine
GSP Resource (TSXV: GSPR) has just reported that its combined soil geochemical and hyperspectral results “support the potential for an undiscovered porphyry system” at the Alwin–Mer project area.
Alwin is located directly adjacent to Teck Resources’ Highland Valley Copper Mine—Teck’s flagship asset and the largest producing copper mine in Canada. Teck closed Friday with a US$26.04 billion market cap, is up an additional ~4% in pre-market trading, and is currently advancing a CAD$2.4 billion expansion at Highland Valley, the largest base-metal capital project underway in Canada today.
Despite this location and existing NI 43-101 compliant resource, GSP trades at just $0.22 per share for a market cap of approximately US$7.74 million—an exceptionally low valuation for a junior already demonstrating high-grade expansion potential. Notably, step-out drilling outside the current resource envelope intersected 5.04 g/t gold and 1.01% copper over 7.90 metres in hole AM-24-06, highlighting clear implications for future resource growth.
GSP Soil Geochemical Results Expand Surface Copper Zone at Mer and Highlight Near Surface In-Pit Resource Expansion Potential at Alwin Mine
News Release – Vancouver, British Columbia – TheNewswire – January 26, 2026
Figure 1: Mer and Alwin Mine Property Soils Geochemical Results
GSP Resource Corp. (TSX-V: GSPR / FSE: 0YD / OTC: GSRCF) (the “Company” or “GSP”) announces the receipt of final soil geochemical sample analysis from its Fall 2025 Alwin Mine and Mer property geologic reconnaissance exploration program.
The 2025 Alwin-Mer results released today for 204 targeted grid soil geochemical samples form part of the larger 2025 Alwin-Mer geologic reconnaissance exploration program. Surface rock grab sample results released previously highlight the high-grade Apex Zone that yielded assays including 1.85% copper, 348 g/t silver and 2.6 g/t gold; in addition to the MER Zone returning widespread moderate copper values (see GSP Resource Corp. news release dated November 26, 2025).
Compelling surface rock anomalies are augmented by short wave infra-red (VIS-SWIR) hyperspectral TerraSpec® analysis yielding muscovite and chlorite compositions at MER indicative of a high temperature proximal porphyry environment, and peripheral porphyry environment at Alwin. Together these results support the potential for an undiscovered porphyry system.
Alwin-Mer grid soils targeted the MER, Alwin Mine south, and Little OK Lake areas. Highlights of the soil geochemical surveys are as follows:
MER Area: Of the 157 soils collected, 31 samples returned greater than 60 ppm copper; including 8 samples greater than 150 ppm copper and up to 315 ppm Cu. The soil results define an approximately 175 x 120 metre northwest-trending copper anomaly that remains open to the northwest.
Alwin Mine South: Soils targeted near surface copper drill intercepts at the pit shell edge. A total of 9 samples returned greater than 60 ppm copper, including 5 samples greater than 100 ppm copper and up to 175 ppm copper, indicating further evaluation is warranted for resource expansion along the south pit wall.
Little OK Lake: Of 25 samples collected, 21 returned greater than 100 ppm copper, including 14 samples greater than 200 ppm copper and up to 950 ppm copper. Follow-up work suggests the anomaly is likely related to transported tailings material.
Methodology and QA/QC
The analytical work reported was performed by ALS Global (“ALS”), Kamloops, Canada, an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory independent of GSP Resource Corp. Soil samples were collected from the B-horizon to a maximum depth of 30 cm, dried at <60°C, sieved to -180 micron, and analyzed using aqua-regia digestion ICP-MS and 30-gram gold fire assay with AAS finish.
GSP followed industry-standard QA/QC procedures, including duplicate samples at a 1/20 frequency and reliance on ALS internal QA/QC protocols. No significant QA/QC issues were identified.
Qualified Person
The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo. (B.C.), principal and consultant of APEX Geoscience Ltd., an independent consultant to the Company and a “qualified person” as defined in National Instrument 43-101.
About GSP Resource Corp.
GSP Resource Corp. is a mineral exploration & development company focused on projects located in Southwestern British Columbia. The Company owns a 100% interest in the Alwin Mine Copper-Gold-Silver Property, the Mer Property, and the Olivine Mountain Property.
For More Information
Simon Dyakowski
Chief Executive Officer & Director
Tel: +1 (604) 619-7469
Email: simon@gspresource.com
Past performance is not an indicator of future returns. NIA is not an investment advisor. Always do your own research. NIA has received compensation from GSPR of US$60,000 cash for a six-month marketing contract. This message is for informational and educational purposes only.