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GSP Resource Corp. Expands Olivine Mountain Project By 566 Hectares To 3022 Hectares
VANCOUVER, British Columbia, Feb. 14, 2019 (GLOBE NEWSWIRE) -- GSP Resource Corp. (TSX-V: GSPR) (the “Company”) is pleased to announce it has entered into an ag
About this update from Gsp Resource Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Feb. 14, 2019 (GLOBE NEWSWIRE) -- GSP Resource Corp. (TSX-V: GSPR) (the “Company”) is pleased to announce it has entered into an agreement to acquire several claims along the ultramafic contact North of the Asp showing. The new claims are adjacent to the Olivine Mountain project and expand the property size from 2455.54 Hectares to 3021.87 Hectares. The additional claims are being acquired for the cost of staking and will be paid in cash. Also, further to the news release dated February 13, 2019 the Company wishes to clarify the quote which should read: “base metals values in the soil sample grid, in particular - Copper of up to 678 ppm, are very encouraging. The results are coincident with the interpreted geophysical anomalies identified in GSP’s Spring 2018 airborne and ground survey programs. Four drill targets are considered of interest for the presence of related massive sulphide deposits and we expect to commence the permitting process shortly.” Qualified Person: The scientific and technical disclosure contained in this news release has been reviewed and approved by Christopher I. Dyakowski, P.Geo, 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 company focused on the acquisition, exploration and development of mineral resource properties. The Company has an option to acquire a 100% interest and title to the Olivine Mountain Property located in the Similkameen Mining Division, 25 km northwest of Princeton, British Columbia. Contact Information - For more information, please contact: Simon Dyakowski, Chief Executive Officer Tel: (604) 619-7469 Email: [email protected] Cautionary Statement Regarding “Forward-Looking” Information. This news release includes certain statements that constitute “forward-looking information” within the meaning of applicable securities law, including without limitation, statements that address the Olivine Mountain Project, obtaining drill permits, obtaining new claims, comments regarding the timing and content of upcoming work programs, and other statements relating to the business prospects of the Company. Forward-looking statements address future events and conditions and are necessar...