GSP Drilling Compilation Captures Over 50,000 Metres of Historic Surface and Underground Drilling to Advance Alwin Mine Copper-Silver-Gold Project

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[{"type":"text","content":"GSP Drilling Compilation Captures Over 50,000 Metres of Historic Surface and Underground Drilling to Advance Alwin Mine Copper-Silver-Gold Project \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 \n \n News Release - Vancouver, British\nColumbia –\n \n \n TheNewswire\n \n \n – March 14, 2023:\n \n \n GSP Resource Corp. (\n \n \n TSXV:GSPR\n \n \n ) (the\n“\n \n \n Company\n \n \n ” or “\n \n \n GSP\n \n \n ”) provides a progress update on the\nhistoric diamond drill hole data compilation and 3D modelling of\nhistoric mine workings for the Alwin Mine Project (the “\n \n \n Alwin Property\n \n \n ”)\nlocated in the Highland Valley Copper Camp of British Columbia.  The\ncompilation, which is now complete, is a significant development for\nthe Alwin Property and will provide a framework to identify priority\ndrill ready targets focused on the significant high-grade\ncopper-silver-gold potential of the Alwin Project.\n \n \n \n \n To support a robust 2023 exploration strategy and a\npossible future Mineral Resource Estimate the Company’s recent\n2020-2021 diamond drilling and 3D underground development model have\nbeen integrated with an expansive historic surface and underground\ndiamond drilling dataset not previously captured in digital and 3D\nformat (\n \n \n Figure 1\n \n \n ).\n \n \n \n \n Highlights of the historic\ncompilation:\n \n \n \n \n \n \n Digital and 3D spatial capture of\n \n \n 646 drill holes totaling 51,304\nmetres\n \n \n completed from surface and underground\nbetween 1967-1981, in addition to 36 recent surface exploration\ndiamond core holes totaling 5,600 metres drilled by the Company and\nprevious operators,\n \n \n \n \n \n \n Over $20 million in present day\nexploration value\n \n \n assuming all-up drilling costs\nof $400/metre, not including underground development costs,\n \n \n \n \n \n \n \n \n Of the 646 drill holes, 140 holes totaling 17,273\nmetres were drilled from surface and 506 holes totaling 34,031 metres\nfrom underground,\n \n \n \n \n \n \n 425 drill holes totaling 2,062 copper\nassay samples\n \n \n with partial gold-silver\ndata,\n \n \n \n \n \n \n Global length weighted average copper\ngrade of 1.8%\n \n \n from\n \n \n 3,287 metres\n \n \n sampled,\ncompares favorably to 1.5%...

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