Gespeg Copper Provides Corporate Update FOR the Vortex Project
GESPEG COPPER PROVIDES CORPORATE UPDATE FOR THE VORTEX
PROJECT
Saskatoon, Saskatchewan, February 14, 2018 – GESPEG COPPER RESOURCES
INC. (TSX-V: GCR) (the “Company” or “Gespeg”) is pleased to provide the following
update on the Company’s copper properties:
President’s Message - Copper Project Update
Over the last five years, the pace of exploration in the junior resource sector was
significantly slowed, as capital for the rapid expansion of properties was simply not
available. Gespeg was not immune from this challenge. However, during this period,
Gespeg was successfu l in performing exploration programs that have kept its properties
in good standing, as well as adding new projects to our portfolio which have strengthened
our position. The Company remains confident that the Gaspé Peninsula is ideally suited
for copper exploration in Canada. Once home to the largest copper mine in North
America – the Gaspé Copper Mine – which operated for approximately 50 years, the
region has been vastly unexplored and largely ignored by exploration companies since
the closure of the mine approximately 30 years ago.
In June of 2012, Gespeg announced its first discovery on the Vortex project. Drill hole
11-V-04 intercepted 29 meters of 0.94% copper at a depth of 5.20 meters including 16
meters at 1,38% Cu at 14 meters depth (Interval represent core length, not true width ) on
Sullipek East, which is a subset of the Vortex property (see the Company’s news release
dated June 13, 2012, a copy of which is available under the Company’s SEDAR profile at
www.sedar.com).
In February 2017 an Inferred Mineral Resource Estimate for the 100% owned Copper -
Molybdenum Porphyry Project Sullipek was announced. Sullipek hosts a copper mineral
resource of 2.24 Million tonnes at 1.09% for in situ total copper of 24,400 tonnes (see the
Company’s news release dated February 2, 2017, a copy of which is available under the
Company’s SEDAR profile at www.sedar.com).
The Company remains excited for the potential of its copper properties in the Gaspé and
is currently formulating its exploration plans on the properties.
About Gespeg Copper Resources Inc.: Gespeg is an exploration company with a focus
in grossly underexplored regions “Gaspé and Montauban, Québec”. With a dedicated
management team, the Company’s goal is to create shareholder wealth through the
discovery of new deposits.
Press-release 18-01
Bernard-Olivier Martel, P. Geo, the Company’s Director of Exploration, is a qualified
person (as such term is defined in National Instrument 43 -101 – Standards of Disclosure
for Mineral Projects ) and has reviewed and approved the technical disclosure contained
in this news release.
For more information:
Sylvain Laberge
President and CEO
514-702-9841
Neither 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.
This press release may contain forward-looking statements that are subject to known and
unknown risks and uncertainties that could cause actual results and activities to vary materially
from targeted results and planning. Such risks and uncertainties include those described in
Gespeg’s periodic reports including the annual report or in the filings made by Gespeg from time
to time with securities regulatory authorities.