GSP Plans Expanded Drill Campaign and Highlights Recent Exploration Success at the Combined Alwin-Mer Properties, Highland Valley Copper Camp, BC
GSP Plans Expanded Drill Campaign and Highlights Recent
Exploration Success at the Combined Alwin-Mer Properties,
Highland Valley Copper Camp, BC
News Release - Vancouver, British Columbia – March 31, 2026: GSP Resource Corp. (TSX-V:
GSPR / FSE: 0YD / OTC: GSRCF ) (the “Company” or “GSP”) announces the submission of a
new 5-year multi-year area based (MYAB) permit application to the British Columbia Ministry of
Mining and Critical Metals (“BC MMCM”) for the Alwin Mine Project.
The Alwin Mine Project is currently permitted for drilling activities through an existing Mines Act
Permit, and upon approval the new permit will allow for expanded drill testing of newly identified
exploration targets throughout the Property, in addition to already permitted near-mine areas.
Throughout 2024 and 2025 the Company executed multi -phased exploration campaigns including:
surface rock and soil sampling; short wave infra -red (VIS -SWIR) hyperspectral TerraSpec®
analysis; NSAMT (natural -source audio- frequency magneto -telluric) geophysical surveys ; and
diamond drilling.
The exploration campaigns identified opportunities to expand existing mineral resources and resulted
in the discovery of new potential porphyry and high- grade copper -gold-silver vein targets.
Highlights of the 2024 and 2025 Alwin Mine Project exploration include:
• Discovery of New High-Grade Gold Zone within drill hole AM-24-06 assaying 5.04 g/t Gold
and 1.01% copper over 7.90m; including 22.93 g/t Gold and 1.82% copper over 1.64 m1. The
results point to the presence of a unique high- grade gold subset of mineralization at Alwin
that is not yet well understood.
• The results of the summer 2025 NSAMT survey identified an untested deep conductive
anomaly within the northern portion of the Alwin Property . The results could indicate a
potential underlying porphyry source for the high-grade copper-gold-silver mineralization at
Alwin2.
• Fall 2025 surface rock grab sample results 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. TerraSpec® analysis of these samples yielded
muscovite and chlorite compositions at MER indicative of a high temperature proximal
porphyry environment, and peripheral porphyry environment at Alwin supporting the
potential for an undiscovered porphyry system3.
• Fall 2025 soil geochemical results expand surface copper zone at nearby Mer Property and
highlight near surface in-pit resource expansion potential at Alwin Mine4.
1 See GSP Resource Corp. news release dated January 16, 2025
2 See GSP Resource Corp. news release dated August 12, 2025
3 See GSP Resource Corp. news release dated November 26, 2025, and December 16, 2025
4 See GSP Resource Corp. news release dated January 26, 2026
Image 1: Diamond Drill Move Underway at Alwin Mine Project during 2024
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, a n 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 M ining 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: [email protected]
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 guara ntees 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 whi ch 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 res ults, 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.