GSPR: New Drill Campaign Planned Following Strong 2024–2025 Exploration Results
GSP Resource Plans Expanded Drill Campaign and Highlights Recent Exploration Success at the Combined Alwin-Mer Properties, Highland Valley Copper Camp, BC
Vancouver, British Columbia – March 31, 2026 – TheNewswire – GSP Resource Corp. (TSX-V: GSPR / FSE: 0YD / OTC: GSRCF) (the “Company” or “GSP”)
GSP announces the submission of a new 5-year multi-year area based (MYAB) permit application to the British Columbia Ministry of Mining and Critical Metals (“BC MMCM”) for the Alwin Mine Project.
The Alwin Mine Project is currently permitted for drilling activities through an existing Mines Act Permit, and upon approval the new permit will allow for expanded drill testing of newly identified exploration targets throughout the Property, in addition to already permitted near-mine areas.
Throughout 2024 and 2025 the Company executed multi-phased exploration campaigns including: surface rock and soil sampling; short wave infra-red (VIS-SWIR) hyperspectral TerraSpec® analysis; NSAMT (natural-source audio-frequency magneto-telluric) geophysical surveys; and diamond drilling.
The exploration campaigns identified opportunities to expand existing mineral resources and resulted in the discovery of new potential porphyry and high-grade copper-gold-silver vein targets.
Highlights of the 2024 & 2025 Alwin Mine Project Exploration
New Discovery
Discovery of New High-Grade Gold Zone within drill hole AM-24-06
Assaying 5.04 g/t Gold and 1.01% copper over 7.90m; including 22.93 g/t Gold and 1.82% copper over 1.64m. The results point to the presence of a unique high-grade gold subset of mineralization at Alwin that is not yet well understood.
Geophysics
Summer 2025 NSAMT Survey – Deep Conductive Anomaly Identified
An untested deep conductive anomaly was identified within the northern portion of the Alwin Property, potentially indicating an underlying porphyry source for the high-grade copper-gold-silver mineralization at Alwin.
Surface Sampling
Fall 2025 Surface Rock Grab Samples – High-Grade Apex Zone & MER Zone
Apex Zone assays include 1.85% copper, 348 g/t silver and 2.6 g/t gold. MER Zone returned widespread moderate copper values. TerraSpec® analysis yielded muscovite and chlorite compositions at MER indicative of a high-temperature proximal porphyry environment, and peripheral porphyry environment at Alwin — supporting the potential for an undiscovered porphyry system.
Soil Geochemistry
Fall 2025 Soil Geochemical Results – Mer Property & Alwin Mine
Results expand the surface copper zone at the nearby Mer Property and highlight near-surface in-pit resource expansion potential at the Alwin Mine.
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. of Edmonton, AB, an independent consultant to the Company and a “qualified person” as defined in National Instrument 43-101 — Standards of Disclosure for Mineral Projects.
About GSP Resource Corp.
GSP Resource Corp. is a mineral exploration & development company focused on projects located in Southwestern British Columbia. The Company owns 100% interest and title to the Alwin Mine Copper-Gold-Silver Property, and the Mer Property, in the Kamloops Mining Division, as well as a 100% interest and title to the Olivine Mountain Property in the Similkameen Mining Division.
Contact Information
Simon Dyakowski, Chief Executive Officer & Director
Tel: +1 (604) 619-7469
Email: simon@gspresource.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
▼ Forward-Looking Information
This news release contains “forward‑looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, completing ongoing and planned work, advancing the Alwin and Mer Properties, the potential presence of mineralization at the Alwin and Mer Properties, further evaluation of potential mineralization at the Alwin and Mer Properties, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements.
Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms.
Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses, and those filed under the Company’s profile on SEDAR+ at www.sedarplus.ca.
Factors that could cause actual results to differ materially from those in forward-looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, failure to maintain all necessary government permits, approvals and authorizations, failure to obtain or maintain community acceptance (including First Nations), decrease in the price of copper, gold, silver and other metals, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‑looking statements or forward-looking information, except as required by law.
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.