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GSP Resource Geological Compilation and Modelling Reveals Historic High Grade Gold Assays at Alwin Mine Copper-Silver-Gold Project
(TheNewswire) Vancouver, British Columbia August 19, 2024 – TheNewsw...
About this update from Gsp Resource Corp.
[{"type":"text","content":"GSP Resource Geological Compilation and Modelling Reveals Historic High Grade Gold Assays at 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 Vancouver, British Columbia August\n19, 2024 –\n \n\n TheNewswire\n \n\n :\n \n\n GSP Resource Corp. (\n \n\n TSX-V: GSPR / FSE:\n \n\n\n 0YD\n \n\n\n )\n \n\n (the\n“\n \n\n Company\n \n\n ” or “\n \n\n GSP\n \n\n ”) provides an update related to ongoing\nadvancement of the Alwin Mine Copper-Silver-Gold Project (the\n“\n \n\n Alwin Property\n \n\n ”).  Recently compiled historic and modern diamond\ndrilling has highlighted the presence of high-grade gold\nmineralization at the Alwin Property, which is not yet well\nunderstood, in addition to the well-established laterally and\nvertically extensive high grade copper zones.  New modelling has for\nthe first time enabled 3D visualization of the Alwin Mine Project\nshear vein system (see Figure 1. - 3D model below), enhancing the\nCompany’s ability to target expansion and discovery of new zones of\nhigh-grade copper mineralization.\n \n\n\n\n Drill Database Validation Highlights\nSignificant Gold Values\n \n\n\n\n Digital capture of historical surface and underground\ndiamond drilling highlights the polymetallic nature of Alwin Mine\nmineralization.  While all prior drilling was assayed for copper,\n \n\n a small subset of core samples\nwere also assayed for gold, silver and molybdenum\n \n\n .\n \n\n\n\n Significantly, 1968 diamond drilling at Alwin yielded\nmultiple high-grade gold intercepts\n \n\n including assays of 61 grams-per-tonne\n(g/t) gold (Au), and a total of five individual assays greater that 20\ng/t Au\n \n\n within surface drill hole 68-67 over a\n29.5-metre downhole interval (Table 1).\n \n\n These\nassays yield composite grades of\n \n\n 3.05 metres averaging14.4 g/t Au, including 1.52 metres grading 26.1\ng/t Au; and 2.77 metres grading 8.6 g/t Au\n \n\n 1\n \n\n .\n \n\n\n\n Table 1:\nSignificant Historic Gold Assays Drill Hole 68-67\n \n\n\n\n\n\n\n Drill Hole Id\n \n\n\n\n\n\n From (m)\n \n\n\n\n\n\n To (m)\n \n\n\n\n\n\n Interval (m)\n \n\n\n\n\n\n Cu (%)\n \n\n\n\n\n\n Au (oz/t)\n \n\n\n\n\n\n Au (g/t)\n \n\n\n\n\n\n Composite Grade\n \n\n\n\n\n\n\n\n 68-67\n \n\n\n\n\n\n 76.63\n \n\n\n\n\n\n...