공지 • Aug 22
GSP Resource Corp. Provides an Update Related to Ongoing Advancement of the Alwin Mine Copper-Silver-Gold Project
GSP Resource Corp. provided an update related to ongoing advancement of the Alwin Mine Copper-Silver-Gold Project (the "Alwin Property"). Recently compiled historic and modern diamond drilling has highlighted the presence of high-grade gold mineralization at the Alwin Property, which is not yet well understood, in addition to the well-established laterally and vertically extensive high grade copper zones. New modelling has for the first time enabled 3D visualization of the Alwin Mine Project shear vein system, enhancing the Company's ability to target expansion and discovery of new zones of high-grade copper mineralization. Drill Database Validation Highlights Significant Gold values. Drill Hole Id, From (m), To (m), Interval (m), Cu (oz/t), Au (g/t), Composite Grade, 68-67, 76.63, 78.33, 1.71, 3.80, 27.43, 85.10, 85.25, 0.15, 5.40, 0.66, 22.63, 86.87, 88.39, 1.52, 0.00, 0.08, 2.74, 3.05 metres @ 14.4 g/t Au, including 1.52 metes @ 26.1 g/t Au, 88.39, 89.55, 1.16, 0.93, 0.44, 15.09, 89.55, 89.92, 3.46, 1.78, 61.03, 94.49, 94.79, 0.30, 1.08, 25.37, 98.33, 99.67, 1.34, 1.75, 0.21, 7.20, 2.77 metres @ 8.6 g/t Au, 99.67, 101.10, 1.43, 1.13, 0.29, 9.94, 105.67, 106.13, 0.46, 2.19, 0.82, 28.11. High-grade gold values with drill hole 68-67 are supported by the Company's modern diamond drill results including drill hole AM-21-08B that returned 1.6 m grading 10.4 g/t Au and 1.2% Cu, in addition to, 6.4 m averaging 2.3 g/t Au, 3.4% Cu, and 40 g/t silver (Ag) within drill hole AM-21-01A1. The most recent drilling completed by GSP returned gold values over wide intervals, including drill hole AM-23-01 that intersected 12.8 m averaging 0.57 g/t gold (Au), 2.42% Cu, and 47 g/t Ag (3.14% copper-equivalent, CuEq); including 5.7 m averaging 1.22 g/t Au, 5.21% Cu, and 103 g/t Ag (6.77 CuEq). Viewed together the historic and current diamond drill results for the Alwin Mine indicate the presence of potentially significant gold values correlated with the known copper lodes, as both high-grade narrow veins and broader lower grade zones encountered across multiple drill holes throughout the deposit. Importantly the distribution and grade of gold values across the Alwin Property is not well understood and presents significant exploration upside alongside the well-established high-grade copper mineralization". The recognition of Alwin Copper-Silver-Gold mineralization as being hosted within a well-developed en-echelon shear vein system is expected to yield opportunities for expansion of existing and the discovery of new zones of mineralization at depth and along strike where the property remains open. The current interpretation indicates the presence of a subvertical East-West trending parent shear zone, within which steeply south dipping tension veins have developed. Updated Geological Modelling Project Progress: The APEX Geoscience Ltd. ("APEX") resource modelling team continues to progress as follows: The APEX has completed 3D georeferencing of historic mine plans and sections, and drill database validation of historical geological plans and sections (COMPLETE) Digitization of historical geological plans and sections. Digitization of mineralized polygons, fault traces.