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GSP Resource to Acquire the Alwin Copper-Gold-Silver Project-2020 China(Guangzhou)Int’l Non-Ferrous Metal(Copper)Exhibition
3/3/2020  - Copper exhibition -non-ferrous metals expo
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    GSP Resource Corp has signed an option agreement to acquire 100% of the Alwin copper-gold-silver project located in the Kamloops Mining Division, British Columbia from Richard John Billingsley and S Gaye Richards. The Alwin property is approximately 575.72 hectares and is located on the semi-arid, interior plateau in south-central British Columbia. It is adjacent with the western boundary of Teck Corporation’s Highland Valley Mine, the largest open-pit porphyry copper- molybdenum mine in western Canada. Alteration and mineralization of the Highland Valley hydrothermal system extends westward from the Highland Valley mine onto the Alwin property.

Copper mineralization has been known in the area now covered by the Alwin property since late in the 19th century. Small-scale mining was conducted in the property area during the early 20th century. Recent exploration and mining was conducted during two periods: from 1967 to 1982 and from 2005 to 2008.

From 1967 to 1970, induced polarization and geochemical surveys were conducted. 6,940 m of surface diamond drilling in 81 holes was drilled along the main Alwin mineralized trend, and 5,860 m of underground drilling in 119 holes was completed in 1,400 m of development workings in the Alwin mine.

From 2005 until 2008 San Marco Resources Inc. explored the Alwin property. Work included 3-dimensional induced polarization and soil surveys, and geological mapping that covered the whole property area. In 2008, San Marco Resources Inc. conducted 1,304.5 m of NQ diamond drilling in 8 holes. The first five holes (DDH 1 to 4A) were drilled into the main mineralized trend near the eastern part of the mine workings. The last three holes (DDH 5 to 7) tested induced polarization anomalies north and northwest of the mine. See the accompanying table for significant drill intersections. 有色金属展-铜材展-2020年广州国际有色金属工业(铜业)展览会 -2020 China(Guangzhou)Int’l Non-Ferrous MetalCopper)Exhibition -Non-Ferrous Metal exhibition, 2020 Non-Ferrous Metal exhibition, Non-Ferrous Metal expo, 2020 Non-Ferrous Metal expo, Copper exhibition, Copper expo, 2020 Copper exhibition, 2020 Copper expo, China Copper exhibition, China Copper expo 
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