GSP Resource Drill Results from Alwin Mine Project

GSP Resource Corp has released initial diamond drill core results from the first stage shallow infill and confirmation drilling of the 2020 Alwin Mine project drill
GSP Resource Drill Results from Alwin Mine Project
GSP Resource Alwin Mine ProjectGSP Resource

GSP Resource Corp has released initial diamond drill core results from the first stage shallow infill and confirmation drilling of the 2020 Alwin Mine project drill program located in the Highland Valley Copper Camp of British Columbia. High grade copper was intersected in all the 6 shallow drill holes reported to-date, highlighted by hole AM20-01 which returned 2.27% Copper over 12.1 meters starting at 5.4 meters, and including 3.22% Copper over 4.15 meters. Shallow bulk tonnage potential is highlighted in hole AM20-02 with 39.8 meters of 0.40% copper starting from 6.40 meters and including 7.30 meters of 1.39% copper.

Holes 1 to 8 of the Phase 1 2020 Alwin drilling program were shallow, less than 60 metre deep, and designed to intersect the unmined, less than 30 metre deep portions of the historic Alwin Mine # 4 Zone. The upper# 4 Zone lies at the near surface east end of the historic Alwin mine. The area tested covers a 225 metre strike of the Alwin structure. The initial results indicate the continued shallow bulk tonnage potential of the Alwin project with assay results from deeper exploration drill targets pending and expected to be received in early 2021.

The program was designed to infill between the surface, in between and under historic drill intersections. Several higher grader intersections had poor recoveries and the reported grades can only be considered approximate. Significant geological knowledge was gained regarding copper mineral zonation, timing, and similarities with relation to the Valley-Lornex hydrothermal system. Collar locations in UTM Zone 10N metric co-ordinates, and depths and analytical results are presented in the two tables below for holes AM-20-01, 02, 03, 05, 06A, and 07.'

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