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GSP Resource Plans to Drill Test High Priority Targets at Alwin Mine Copper-Silver-Gold Project
Vancouver, British Columbia – TheNewswire - August 24, 2023: GSP Resource Corp. (TSXV:GSPR) (the “Company” or “GSP”) announces the results of an updated 3D vein
About this update from Gsp Resource Corp.
[{"type":"text","content":"Vancouver, British Columbia – TheNewswire - August 24, 2023: GSP Resource Corp. (TSXV:GSPR) (the “Company” or “GSP”) announces the results of an updated 3D vein modeling of copper mineralization at the Alwin Mine Project (the “Alwin Property”), located in the Highland Valley Copper Camp of British Columbia. The initial 3D copper mineralization model integrated over 4,000 individual copper assays from more than 450 historic diamond drill holes for which results are available combined with more recent 2008, 2020 – 2021 drilling (see the Company’s news release dated March 14, 2023). Based on these data, copper grade shells were generated via implicit modelling guided by structural trend surfaces based on the geometry of historically mined high-grade copper zones (see the Company’s news release dated April 17, 2023). The updated interpretation incorporates recent diamond drilling, further refines the 3D geometry of the known historic zones and has resulted in the identification of additional mineralized zones not previously modelled (Figure 1). Highlights of updated 3D copper mineralization vein model: Updated 3D model constrained by downhole composited assays of copper mineralization vein intervals along structural trends based on the known 5 historic sub-vertical vein zones; Potentially underground mineable high-grade copper focused 3D model utilizes minimum 1.5 m downhole assay composites and greater than 0.5% copper (Cu) cut-off to isolate high-grade copper zones demonstrating increased continuity; Three (3) new copper mineralization vein zones identified that warrant follow up drill testing located to the south, northwest and at depth of known historic mineralization zones. Historical diamond drill intercepts from three new copper zones include: South zone Intersected in holes 68-45, 81-26 68-45 (drilled from surface): 4.4% Cu over 2.0 m1 from 45.1 m 81-26 (drilled from underground): 2.1% Cu over 4.3 m from 37.8 m Possible eastern extension of South zone intersected by recent 2021 drilling2 AM-21-02 (surface): 3.2% Cu over 1.8 m from 52.5 m Northwest zone Intersected in holes 67-19, 75-17 67-19 (surface): 2.8% Cu over 2.0 m from 67.1 m 75-17 (underground): 1.3% Cu over 1.6 m from 31.6 m Deep Zone Two zones intersected historically in hole SS-...