GSP Soil Geochemical Results Expand Surface Copper Zone at Mer and Highlight Near Surface In-Pit Resource Expansion Potential at Alwin Mine
GSP Soil Geochemical Results Expand Surface Copper Zone at Mer
and Highlight Near Surface In-Pit Resource Expansion Potential at
Alwin Mine
News Release - Vancouver, British Columbia – 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 s oil 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% copper1. 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.
1 The true width of the mineralized intercept is estimated to be 80% of the drilled interval.
• 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
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. D uplicate 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, 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 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 uncertaint ies 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, incr ease 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.