Gespeg Copper Provides Corporate Update FOR Their GOLD Projects
GESPEG COPPER PROVIDES CORPORATE UPDATE FOR THEIR GOLD
PROJECTS
Saskatoon, Saskatchewan, February 21, 2018 – GESPEG COPPER RESOURCES INC.
(TSX-V: GCR) (the “Company” or “Gespeg”) is pleased to provide the following update on the
Company’s gold properties:
President’s Message - Gold Project Update
Lac Arsenault:
Gespeg is pleased to announce the approval from the authorities and the acquisition of a 100%
undivided interest into 3 mineral claims on the Southern portion of the Gaspé Peninsula, near the
Municipality of Port Daniel. The 3 claims will be part of the Lac Arsenault project, along with
the 6 claims that are already owned by the Company.
Exploration results obtained from 1973 to 1978 on work completed by Esso Resources indicates
that the original three veins on the property (the Baker, Mersereau and Line 4W) host historical
estimates of 40,000 tonnes, grading 15.43 g/t Au, 197.00 g/t Ag, 6.6 % Pb and 3.5 % Zn (DV -85-
08 page 7). This historical estimate is based on the surface expression of the three veins only. An
evaluation of a four vein systems was performed by Peter Smith, Ph.D., in h is report of Oct.
1995. This report indicated that these known vein systems contain a historical estimate of
135,510 tons of 0.35 oz/ton Au . Peter J. Hawley , who determined a 5 -vein system on the
property, re-evaluated those historical estimates in a rep ort dated Feb. 7, 1996, stating that the
Arsenault Prospect contains 220,042.52 short tons at 0.307 oz/ton Au.
For more details of the transaction (see the Company’s news release dated December 14 2017, a
copy of which is available under the Company’s SEDAR profile at www.sedar.com).
Update on Montauban Project
At Montauban, the Company spent the last few months getting all of the required approvals from
the relevant parties. These approvals are now in place and the Company is awaiting its certificate
of authorization from the Ministry of Energy and Natural Resources to start the tailin gs
evaluation and 43-101 resource calculation.
The Company remains committed to moving the Montauban Project forward in accordance with
the terms of the agreement with the vendors.
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 18-02
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.