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GSP Samples 87 g/t Silver, 3.3% Copper, & 2.3 g/t Gold, Demonstrating Multiple New Base and Precious Metals Targets Across the Combined Alwin Mine and Mer Properties
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Vancouver, British Columbia – TheNewswire - November 26, 2025: GSP Resource Corp. (TSX-V: GSPR / FSE: 0YD / OTC: GSRCF) (the “Company” or “GSP”) announces receipt of final assay results from its recently completed Fall 2025 geologic reconnaissance targeting program at the Mer Porphyry and Al conductor targets, in addition to the newly discovered high-grade silver-copper Apex target within the Alwin Mine Zone. Assays for an additional 204 targeted grid soil samples, as well as hyperspectral TerraSpec® analysis of rock samples, are pending.
On October 28, 2025 the Company announced initial rush rock grab assay results that yielded high grade copper-silver plus gold; including 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. An additional 50 surface rock grab sample assays have been received with highlights as follows (Figure 1, and Table 1):
-
Apex Zone sample highlights including four additional 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
Key Takeaways
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Assays from the Apex Zone cement this target as a high priority for follow-up exploration and diamond drilling given its high-grade base-plus precious metal signature that bears similarities to the adjacent Alwin Mine. Initial sampling in the Little OK Lake and Area D zones both yielding multiple high grade copper values highlight a 1.5 km trend extending across the southern Alwin Property.
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The emerging MER Zone represents an attractive early-stage porphyry target that warrants modern diamond drill testing. Sampling has confirmed the presence of moderate copper grades over a broad area. Historic excavation accompanying ca. 1970’s percussion and diamond drill testing was found to be surprisingly extensive. The 2025 sampling serves to confirm the compelling nature of the target based on the Company’s 3D modelling of historic drill intercepts (see GSP Resource Corp. news release dated March 13, 2025).
Of the 60-surface rock grab sampled collect, a total of 8 samples from the Apex showing returned greater than 1 g/t Au, and up to 2.26 g/t Au; a total of 11 samples returned greater than 10 g/t Ag and up to 348 g/t Ag; and a total of 38 samples retuned greater than 0.1% Cu and up to 11.85% Cu.
Table 1: Mer and Alwin Mine Property Final Surface Rock Sample Results
|
Sample ID |
Target |
Type |
Ag (g/t) |
Cu (%) |
Au (g/t) |
|
E02007 |
Alwin Mine |
outcrop |
35 |
5.52 |
- |
|
E02009 |
outcrop |
- |
0.53 |
- |
|
|
E02010 |
float |
- |
1.97 |
- |
|
|
E01974 |
Apex |
float |
48 |
3.33 |
1.44 |
|
E01975 |
float |
11 |
0.35 |
- |
|
|
E01976 |
float |
- |
0.14 |
- |
|
|
E01977 |
float |
16 |
0.25 |
- |
|
|
E01978 |
outcrop |
- |
0.72 |
0.11 |
|
|
E01979 |
float |
33 |
0.90 |
1.07 |
|
|
E01980 |
float |
- |
0.15 |
- |
|
|
E01981 |
float |
83 |
1.11 |
2.26 |
|
|
E01982 |
outcrop |
87 |
0.58 |
0.24 |
|
|
E01983 |
outcrop |
77 |
1.99 |
2.01 |
|
|
E01984 |
float |
348 |
11.85 |
0.19 |
|
|
E01985 |
float |
104 |
4.14 |
1.18 |
|
|
E02000 |
Area D |
float |
- |
1.62 |
- |
|
E02005 |
float |
- |
1.30 |
- |
|
|
E02006 |
float |
- |
2.01 |
- |
|
|
E02002 |
Little OK Lake |
float |
- |
1.62 |
- |
|
E02003 |
float |
- |
2.58 |
- |
|
|
E01951 |
Mer |
subcrop |
- |
0.52 |
- |
|
E01954 |
float |
- |
0.44 |
- |
|
|
E01955 |
outcrop |
- |
0.43 |
- |
|
|
E01956 |
outcrop |
- |
0.23 |
- |
|
|
E01957 |
outcrop |
- |
0.52 |
- |
|
|
E01958 |
outcrop |
- |
0.33 |
- |
|
|
E01959 |
outcrop |
- |
0.37 |
- |
|
|
E01961 |
float |
- |
0.53 |
- |
|
|
E01962 |
outcrop |
- |
0.37 |
- |
|
|
E01963 |
outcrop |
- |
0.15 |
- |
|
|
E01965 |
float |
- |
0.14 |
- |
|
|
E01966 |
float |
- |
0.16 |
- |
|
|
E01967 |
subcrop |
- |
0.22 |
- |
|
|
E01968 |
float |
- |
0.78 |
- |
|
|
E01969 |
float |
- |
1.02 |
- |
|
|
E01971 |
Mer East Trenches |
subcrop |
12 |
3.08 |
- |
Figure 1: Mer and Alwin Mine Property Final Surface Rock Sample Results
Methodology and QA/QC
The analytical work reported on herein was performed by ALS Global (“ALS”), Vancouver, 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. Rock samples were subject to crushing at a minimum of 70% passing 2 mm, followed by pulverizing of a 250-gram split to 85% passing 75 microns. Base and precious metals were determined via four-acid digestion 33 element ICP-AES geochemistry and overlimit values for copper (>1%) and silver (100 g/t) were analyzed via four-acid digestion ICP-AES or AAS.
Rock grab samples are selective by nature and as such are not necessarily representative of mineralization or grades across defined intervals. Continued exploration including but not limited to trenching and/or diamond drilling will be required to confirm the grade and continuity of mineralized zones. 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 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 Mining 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: simon@gspresource.com
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.

