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GSP Discovers New High-Grade Gold Zone at Alwin Mine Property 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
(TheNewswire) Vancouver, British Columbia – January 16, 2025 - TheNe...
About this update from Gsp Resource Corp.
[{"type":"text","content":"GSP Discovers New High-Grade Gold Zone at Alwin Mine Property 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\n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Vancouver, British Columbia – January 16, 2025 -\n \n\n TheNewswire\n \n\n :\n \n\n GSP Resource\nCorp. (\n \n\n TSX-V: GSPR / FSE:\n \n\n\n 0YD / OTC:\nGSRCF\n \n\n\n )\n \n\n (the “\n \n\n Company\n \n\n ” or “\n \n\n GSP\n \n\n ”) announces the\nresults for the remaining 6 diamond drill holes from its 7 hole 2024\ndrill campaign totaling 812 metres designed to target potential\nextensions of known high-grade copper and gold zones at the Alwin\nProperty located in the Highland Valley Copper Camp of British\nColumbia.  The Alwin Project hosts current inferred mineral resources\ncomprising 1.46 million tonnes (Mt) tonnes, at an average grade of\n1.08% copper (Cu), yielding 34.6 million pounds of Cu\n \n\n 1\n \n\n .\n \n\n\n\n The drill results reported today include the discovery\nof a\n \n\n new high-grade gold\nzone\n \n\n within drill hole\n \n\n AM-24-06\n \n\n grading\n \n\n 5.04 grams-per-tonne (g/t)\ngold (Au) and 1.01% copper (Cu) over 7.90 m\n \n\n ,\nincluding\n \n\n 22.93 g/t Au and\n1.82% Cu over 1.64 m\n \n\n ; in addition to an upper\nzone grading\n \n\n 1.22% Cu, 22.5\ng/t Ag and 0.64 g/t Au over 2.5 m\n \n\n (\n \n\n Figure 1 and Table 1\n \n\n ).\n \n\n\n\n AM-24-06\n \n\n was\ncollared south of the Alwin Mine upper decline entrance and was\ndesigned to test for the extension of mineralization to the northwest\nand below the current mineral resource pit shell in an area with\nlimited historic drilling.\n \n\n AM-24-06\n \n\n intersected a zone of high-grade gold\nmineralization, which included a single\n \n\n 0.84 m sample that assayed 35.1 g/t Au\n(1.02 oz/ton)\n \n\n (sample L645413 from 157.36-158.20\nm), below the vertical projection of\n \n\n “3 Zone”\n \n\n mineral\nresources, approximately\n \n\n 40 m\nbelow the pit shell, and 120 m vertically from surface\n \n\n .  The results point to the\n \n\n\n\n presence of a unique high-grade\ngold subset of mineralization at Alwin\n \n\n that is\ncurrently not well understood.\n \n\n\n\n Drill hole\n \n\n AM-24-05\n \n\n targeting\n \n\n the\neastern\n \n\n untested\n \n\n ne...