09:08:34 EST Tue 27 Jan 2026
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GSP Resource Corp
Symbol GSPR
Shares Issued 48,167,687
Close 2026-01-26 C$ 0.205
Market Cap C$ 9,874,376
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ORIGINAL: GSP Soil Geochemical Results Expand Surface Copper Zone at Mer and Highlight Near Surface In-Pit Resource Expansion Potential at Alwin Mine

2026-01-26 17:30 ET - News Release

(via TheNewswire)

GSP Resource Corp.

News Release - Vancouver, British Columbia – TheNewswire - January 26, 2026:   GSP Resource Corp. ( TSX-V: GSPR / FSE: 0YD / OTC: GSRCF ) (the “ Company ” or “ GSP ”) announces the receipt of final soil geochemical sample analysis from its Fall 2025 Alwin Mine and Mer property geologic reconnaissance exploration program.

 

The 2025 Alwin-Mer results released today for 204 targeted grid soil geochemical samples form part of the larger 2025 Alwin-Mer geologic reconnaissance exploration program.  Surface rock grab sample results released previously highlight the high-grade Apex Zone that yielded assays including 1.85% copper, 348 g/t silver and 2.6 g/t gold; in addition to the MER Zone returning widespread moderate copper values (see GSP Resource Corp. news release dated November 26, 2025).

Compelling surface rock anomalies are augmented by short wave infra-red (VIS-SWIR) hyperspectral TerraSpec® analysis yielding muscovite and chlorite compositions at MER indicative of a high temperature proximal porphyry environment, and peripheral porphyry environment at Alwin.  Together these results support the potential for an undiscovered porphyry system.

Alwin-Mer grid soils targeting the MER, Alwin Mine south, and Little OK Lake areas.  Highlights of the soil geochemical surveys are as follows:

  • Soils sampling at MER targeted an area of historic trenching and ca. 1970’s percussion drilling.  Of the 157 soils collected at MER, a total of 31 samples returned greater than 60 ppm copper; including 8 samples greater than 150 ppm copper and up to 315 ppm Cu . The soil results define an approximately 175 x 120 metre apparently northwest trending copper anomaly extending northwest of the focus of historic drilling and trenching.  In this area four sequential soil samples spaced at 20 metre intervals yielded copper values 158, 206, 190 and 252 ppm copper, respectively indicating the MER copper anomaly is open to the northwest of the area historically explored  

 
  • At the Alwin Mine soils targeted near surface copper drill intercepts occurring at the edge of the Alwin Mine pit shell where 1968 drilling (hole 68-45) returned 2 m averaging 4.4% copper, which was followed up by the Company within drill hole AM-21-02 located 50 metres to the southeast that returned 1.8 m averaging 3.2% copper 1 . At Alwin Mine south, a total of 9 samples returned greater than 60 ppm copper; including 5 samples returned great than 100 ppm copper and up to 175 ppm copper . The highest soils values occur east the surface projection of mineralization within 68-45 and AM-21-02 indicating that expansion of soil geochemical coverage and/or excavated trenching in this area of no outcrop and comparatively limited drilling is warranted to further evaluate resource expansion potential along the south pit wall of the at Alwin Mine  

 
  • In the Little OK Lake area ca. 2007 historic soil sampling by San Marco Resources Inc. yield copper values as high as 4,400 ppm, which were thought to be related to site contamination.  However, the area of the historic anomaly is forested and appears relatively undisturbed.   Current soils sample results returned the highest values, across the entire grid area with 21 of 25 samples returned greater than 100 ppm copper: including 14 samples greater than 200 ppm copper and up to 950 ppm copper . Following receipt of the Little OK Lake soil results additional research and compilation was completed including accessing historic aerial photography which indicted a significant expansion and change in the size and configuration of the outlet location of the now reclaimed historic Alwin Mine tailings pond. Based on the prior ca. 1970’s Little OK Lake configuration it seems likely the anomaly is related to transported tailings material.  

 

Figure 1: Mer and Alwin Mine Property Soils Geochemical Results


Click Image To View Full Size

 

Methodology and QA/QC

 

The analytical work reported on herein was performed by ALS Global (“ALS”), Kamloops, Canada. ALS is an ISO-IEC 17025:2017 and ISO 9001:2015 accredited geoanalytical laboratory and is independent of GSP Resource Corp. and the QP. Soil samples collected from the B-horizon to a maximum of 30 cm depth and subsequently dried at <60°C/140°F and sieved to -180 micron (80 mesh). Base and precious metal were determined via aqua-regia digestion 51 element ICP-MS analysis and 30-gram gold fire assay with AAS finish.

 

GSP Resource Corp. follows industry standard procedures for the work carried out on the Alwin Mine Project, with a quality assurance/quality control (QA/QC) program. Duplicate soil samples were collected at 1/20 frequency and inserted into the sample sequence sent to the laboratory for analysis to assess repeatability. In addition, GSP Resource Corp. has relied on the internal quality assurance/quality control (QA/QC) measure of ALS which includes the insertion of standard, blank and duplicate samples into the sample stream to confirm the accuracy of the reported results. GSP Resource Corp. detected no significant QA/QC issues during review of the data, and is not aware of any sampling, or other factors that could materially affect the accuracy of the results.

 

Qualified Person:   The scientific and technical information contained in this news release has been reviewed and approved by Kristopher J. Raffle, P.Geo. (B.C.), principal and consultant of APEX Geoscience Ltd. of Edmonton, AB, an independent consultant to the Company and a “qualified person” as 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 owns 100% interest and title to the Alwin Mine Copper-Gold-Silver Property, and the Mer Property, in the Kamloops Mining Division, as well as a 100% interest and title to the Olivine Mountain Property in the Similkameen Mining Division .

 

For more information, please contact:

 

Simon Dyakowski, Chief Executive Officer & Director

Tel: +1 (604) 619-7469

Email: simon@gspresource.com

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 may include, without limitation, completing ongoing and planned work, advancing the Alwin and Mer Properties, the potential presence of mineralization at the Alwin and Mer Properties, further evaluation of potential mineralization at the Alwin and Mer Properties, other statements relating to the technical, financial and business prospects of the Company, its projects and other matters . All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of metals, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration results, risks related to the inherent uncertainty of exploration and cost estimates and the potential for unexpected costs and expenses, and those filed under the Company’s profile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather or climate conditions, failure to maintain all necessary government permits, approvals and authorizations, failure to obtain or maintain community acceptance (including First Nations), decrease in the price of copper, gold, silver and other metals, increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

 

1  The true width of the mineralized intercept is estimated to be 80% of the drilled interval.

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