Shareholder Update: GSP Resource Corp. Review of 2025 and Outlook for 2026
Shareholder Update: GSP Resource Corp. Review of 2025 and
Outlook for 2026
News Release - Vancouver, British Columbia – January 13, 2026: GSP Resource Corp. (TSX-V:
GSPR / FSE: 0YD / OTC: GSRCF ) (the “Company” or “GSP”) provides shareholders with the
following outlook for 2026 and review of 2025 activities. GSP’s core assets are the 100% owned
past producing Alwin Copper Mine, and the 100% owned Mer Claims, both located in BC’s Highland
Valley Copper Camp.
Mr. Simon C. Dyakowski, President & CEO and co -founder of GSP commented: “2025 was a
productive year for GSP. Early in the year we published our maiden 43- 101 Mineral Resource
Estimate (MRE) technical report and consolidated 100% ownership of the Alwin Mine Copper -
Silver-Gold Project. We also reported some of the best shallow high-grade copper-silver gold drilling
intercepts ever reported at the Alwin Mine Property, including the discovery of a new zone of high-
grade gold. Mid-year we completed a significant geophysical program which yielded support for the
discovery of potential porphyry style mineralization north of the shallow Alwin deposit. Importantly,
our geologic reconnaissance program across the combined Alwin- Mer properties in the Fall
generated several new high -grade copper and prec ious metals targets in addition to demonstrat ing
further support for proximal porphyry targets at each property. With our next -door neighbor, Teck
Resources, investing over C$2 billion in their Highland Valley Copper Mine expansion, which is
currently BC’s largest mining investment, and a strong backdrop of all time high prices for copper,
silver and gold, GSP is positioned to create substantial shareholder value in 2026 by aggressively
pursuing our newly generated targets across our combined Alwin-Mer properties.”
2025 Year in Review Highlights:
Alwin Mine - Mer Project:
January 2025: Reported assay results of the surface diamond drill program at the Alwin
Mine project completed in late 2024. Highlights include:
o The discovery of a new high-grade gold zone within drill hole AM -24-06 grading
5.04 grams -per-tonne (g/t) gold (Au) and 1.01% copper (Cu) over 7.90 m ,
including 22.93 g/t Au and 1.82% Cu over 1.64 m ; in addition to an upper zone
grading 1.22% Cu, 22.5 g/t Ag and 0.64 g/t Au over 2.5 m (please see news release
dated January 16, 2025)
o Drill hole AM-24-01 intersected multiple zones of high -grade copper-silver-gold
mineralization over a combined 36.2 metre (m) core interval. Significant assay
results include a main zone averaging 2.41% Cu, 35 grams -per-tonne (g/t) silver
(Ag), and 0.68 g/t gold (Au) over 17.4 m, including 4.11% Copper, 60 g/t Ag and
0.95 g/t Au over 8.4 m; in addition to an upper zone grading 1.01% Cu and 10.7 g/t
Ag over 5.5 m (please see news release dated January 13, 2025)
January 2025: Accelerated and completed 100% Acquisition of Alwin Mine property.
o The company opted to accelerate the balance of the payments to finalize the
acquisition ahead of schedule. Upon fulfilling all necessary requirements, GSP
exercised the option and completed the transfer of claims with the vendors to become
the sole registered and beneficial holder of the Alwin Project. (please see news release
dated January 8, 2025)
March 2025: Mer Property - commenced drill permitting of a 5 -year multi-year area-based
(MYAB) exploration permit (please see news release dated March 13, 2025)
June - August 2025: Advanced AMT Geophysical Survey at Alwin Mine Property,
identifying a large conductive anomaly:
o The results of the 2025 NSAMT survey confirmed and strengthened the
identification of an untested deep conductive anomaly within the northern portion
of the Alwin Property. The anomaly is located 1.5 km northwest of the Alwin Deposit
which hosts a current 34.6- million-pound inferred copper resource. The conductive
anomaly extends from 600- 1200 metres depth, having dimensions of approximately
600 x 750 metres, and 500-1000 Ohm-m resistivity.
o This conductive anomaly is significant for exploration of undiscovered porphyry-style
mineralization as it is situated along a well- defined northwest trending sodic -calcic
fluid pathway passing through the Company’s Mer Property, and southeast through
the HVC Bethsaida Zone, Lornex and Highmont deposits over 20 km 1. (please see
news release dated August 12, 2025)
o The presence of a deeper untested conductivity anomaly at Alwin is significant given
that zones of reduced resistivity can be associated with increased alteration, in
particular porphyry- style quartz -sericite-pyrite (phyllic) and clay (kaolinite)
dominated alteration (notably at Endako and in the Babine Porphyry district of BC).
The range of observed resistivity of the Alwin anomaly is consistent with those of
quartz-sericite altered Endako quartz monzonite2.
September - December 2025: Mobilized and completed geologic reconnaissance
exploration program at the combined Alwin-Mer Properties
o Results yielded several new targets including the high- grade silver -copper Apex
target within the Alwin Mine Zone (please see news release dated October 28, 2025
and November 26, 2025):
348 grams-per-tonne (g/t) silver (Ag), 11.9% copper (Cu); and 104 g/t Ag, 1.2
g/t gold, and 4.2% Cu from the Apex Zone
Alwin Mine and nearby historic “Area D” trenches yielded high grade assays
of 5.5% Cu and 35 g/t Ag, and 1.6% Cu in outcrop and trench float
1 Bynre, et al. (2017): Large-scale sodic-calcic alteration around porphyry copper systems examples from the Highland
Valley Copper district Geoscience BC, Report 2017-1, p.213–222.
2 Mineralization hosted on other properties is not necessarily indicative of mineralization that may be hosted on the
Alwin Project. Mitchinson and Enkin (2011) Continued investigation of physical property–geology relationships in
porphyry deposit setting in the QUEST and QUEST-West Project Areas, Geoscience BC, Report 2011-1, p.17-32
Little OK Lake float exposed in road cuts yields 2.58% Cu and 1.62% Cu
Additional Apex Zone samples returning 1.07 to 2.26 g/t Au; 33 to 83 g/t Ag;
and 0.90 to 3.3% Cu, respectively
Mer Showing yields a broad 100 x 50 m area yielding 12 samples returning
between 0.14 to 1.02% Cu, and averaging 0.4% Cu
Previously unsampled historic Mer Eastern Trenches, located 650 east of Mer
Showing return bornite mineralized trench float sample yielding 3.1% Cu, 12
g/t Ag
Mer Porphyry Zone returned outcrop samples returning 0.52% Cu and 0.33%
Cu
o Demonstrated Potential New Porphyry Sources of Mineralization Across the
Combined Alwin-Mer Properties with the receipt of surface rock sample visible and
short wave infra-red (VIS-SWIR) hyperspectral TerraSpec® analysis.
The VIS-SWIR hyperspectral data returned reveal important spatial patterns
that provide strong evidence of potential porphyry copper mineralization
vectors. Highlights of the recently completed hyperspectral studies:
• Presence of pervasive muscovite containing chalcopyrite and bornite,
typical of the potassic core at Valley, suggests Alwin may represent
the upper parts of a still deeper porphyry system.
• The presence of higher temperature proximal porphyry signature at
Mer, which lies further from the Valley Deposit than Alwin further
supports the potential of an undiscovered porphyry system at
Alwin-Mer
Corporate
Completed 100% Acquisition of Alwin Mine Property
Closed private placement financings totaling $765,000.
Outlook for 2026
Alwin-Mer: Report final results of Fall 2025 geologic reconnaissance investigation program
Mer: Obtain final 5-year MYAB permit to drill Porphyry Copper target at Mer
Alwin: Plan and complete a substantial follow-up exploration program to support potential
resource expansion and test additional targets
Alwin-Mer: Plan and complete a substantial exploration program for porphyry style copper
mineralization across the combined Alwin-Mer properties
Continually evaluate new opportunities to add shareholder value through the acquisition of
projects globally
Qualified Person: The scientific and technical disclosure contained in this news release has been
reviewed and approved by Christopher I. Dyakowski, P. Geo., a director of the Company and a
“Qualified Person” as that term is defined in National Instrument 43 -101 – Standards of Disclosure
for Mineral Projects . Mineralization hosted on nearby properties is not necessarily indicative of
mineralization that may be hosted on the Alwin property.
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 uncertainties 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, 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.