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GSP Resource Corp. Announces Drill Permitting Underway at the Alwin Mine Copper-Gold-Silver Project
VANCOUVER, British Columbia, Feb. 20, 2020 (GLOBE NEWSWIRE) -- GSP Resource Corp. (TSX-V: GSPR) (the “Company” or “GSP”) is pleased to announce that drill permi
About this update from Gsp Resource Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 20, 2020 (GLOBE NEWSWIRE) -- GSP Resource Corp. (TSX-V: GSPR) (the “Company” or “GSP”) is pleased to announce that drill permitting is currently underway on the Company’s Alwin Mine project. The Alwin Mine property is approximately 575.72 hectares and is adjacent with the western boundary of Teck Corporation’s Highland Valley Copper Mine, the largest open-pit porphyry copper-molybdenum mine in western Canada. Alteration and mineralization of the Highland Valley hydrothermal system extends westward from the Highland Valley mine onto the Alwin property. GSP recently received a large amount of information regarding previous exploration, drilling, and mining. The Company’s immediate plan is to digitize all data regarding the Alwin Mine property and to produce a 3-dimensional model of mineralization in order to determine the best way to proceed with the property’s development (see news release dated January 30, 2020). Upon receipt of permits, it is expected that the next phase of exploration will include drilling around and beneath the Alwin mine workings. Qualified Person: The scientific and technical disclosure contained in this news release has been reviewed and approved by Christopher I. Dyakowski, P. Geo, a director of the Company and a “Qualified Person” as that term is 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 has an option to acquire a 100% interest and title to the Alwin Mine Copper-Gold-Silver Property in the Kamloops Mining Division, as well as an option to acquire 100% interest and title to the Olivine Mountain Property in the Similkameen Mining Division. Contact Information - For more information, please contact: Simon Dyakowski, Chief Executive Officer & DirectorTel: (604) 619-7469 Email: [email protected] 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...