Mr. Simon Dyakowski reports

GSP INTERSECTS MULTIPLE SULPHIDE MINERALIZED STRUCTURES IN RECENTLY COMPLETED DIAMOND DRILLING PROGRAM AT ALWIN PROJECT, BRITISH COLUMBIA, CANADA

GSP Resource Corp. has completed its surface diamond drill program at the Alwin mine project. The 2024 drill program consisted of seven drill holes totalling 812 metres designed to target potential extensions of known high-grade copper and gold zones at the Alwin property located in the Highland Valley copper camp of British Columbia.

1. 2024 Alwin copper-gold project drilling highlights:

• All seven holes intersected visual signs of chalcopyrite-bornite copper sulphide mineralization. Three drill holes intersected significant width visible copper sulphide mineralization: including 35 metres (m) core length, 6.5 m, 5.5 m and 6.5 m.
• Drill hole AM24-06 is of particular significance given that the mineralized intercept occurs to the northwest along strike of the deposit and outside of the current Alwin project mineral resource pit shell, which presents clear opportunities for resource expansion (see GSP Resource Corp. new release dated Dec. 12, 2024).
• Significantly, the 2024 drill campaign was designed to test the potential for gold values present as both high-grade narrow veins and broader lower-grade zones, which are not well understood due to a lack historic gold assays (see GSP Resouce news release dated Aug. 19, 2024).

Simon Dyakowski, chief executive officer of GSP, commented: "We are excited that our 2024 diamond drill campaign was a success both technically and logistically, which again demonstrates the year-round exploration potential at Alwin. Drilling intersected multiple broad zones of bornite-chalcopyrite mineralization with the potential to expand the resource both within and outside of the pit shell. We look forward to receipt of assay results early in the new year."

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, PGeo (B.C.), principal and consultant of APEX Geoscience Ltd. of Edmonton, Alta., a consultant to the company and a qualified person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects. Mr. Raffle has verified the data disclosed, which includes a review of the sampling, analytical and test data underlying the information and opinions contained herein.

Mineralization hosted on nearby properties is not necessarily indicative of mineralization that may be hosted on the Alwin property.

About GSP Resource Corp.

GSP Resource is a mineral exploration & development company focused on projects located in southwestern British Columbia. The company has an option to acquire a 100-per-cent interest and title to the Alwin mine copper-gold-silver property in the Kamloops mining division, as well as an option to acquire 100-per-cent interest and title to the Olivine Mountain property in the Similkameen mining division, of which it has granted an option to earn a 60-per-cent interest to a third party.

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