Northwire Canada EditionMonday, August 3, 2026
Northwire
MKA 0.720 +0.0% SCD 0.160 +0.0% TECK 84.36 +0.0% SAGA 0.435 +0.0% BZ 3.16 +0.0% FFM 1.68 +0.0% LOD 0.335 +0.0% AEC 5.52 +0.0% ORV 1.88 +0.0% MCM 0.300 +0.0% GAMA 0.075 +0.0% AIR 0.050 +0.0% LUN 34.71 +0.0% NCF 0.295 +0.0% S 0.140 +0.0% BNKR 4.40 +0.0% MKA 0.720 +0.0% SCD 0.160 +0.0% TECK 84.36 +0.0% SAGA 0.435 +0.0% BZ 3.16 +0.0% FFM 1.68 +0.0% LOD 0.335 +0.0% AEC 5.52 +0.0% ORV 1.88 +0.0% MCM 0.300 +0.0% GAMA 0.075 +0.0% AIR 0.050 +0.0% LUN 34.71 +0.0% NCF 0.295 +0.0% S 0.140 +0.0% BNKR 4.40 +0.0%
Drill Results

GSP Resource moves field crews to Alwin, Mer

GSPR · Price

Executive Summary

  • GSP Resource Corp. has mobilized field crews to commence surface exploration at the Alwin mine and Mer property, targeting newly identified geophysical anomalies indicative of porphyry mineralization.
  • The 2025 fall program will conduct rock‑geochemical sampling, reconnaissance alteration mapping, and a soil‑geochemical grid to define copper‑molybdenum targets for future drilling.
  • Historic drilling near the Alwin conductive anomaly returned a notable intercept of 9.7 m grading 0.55 % Cu; Mer property historic work showed 0.53 % Cu over 30 m, supporting the porphyry target hypothesis.

Key Details

  • Field crews deployed to northern Alwin claims and adjacent Mer property to follow up on NSAMT survey‑defined conductive anomaly.
  • Exploration activities include:
  • Rock geochemical sampling across northern Alwin and Mer claims.
  • Reconnaissance geological alteration mapping to refine drill target locations.
  • Soil‑geochemical grid at Mer property over historic drilling/trenching zones.
  • Prior NSAMT survey (announced Aug 12, 2025) identified a deep conductive anomaly within a northwest‑trending porphyry alteration zone extending toward the Mer property.
  • Historic drill hole 08‑06 in northern Alwin returned 9.7 m @ 0.55 % Cu, intersecting porphyry‑style mineralization and altered Bethsaida phase intrusive rocks.
  • Mer property historic percussion drilling intersected a 30 m interval @ 0.53 % Cu, indicating a copper‑molybdenum zone.
  • A five‑year multiyear area‑based (MYAB) permit application has been submitted to B.C. Ministry of Mining and Critical Metals in preparation for an initial Phase 1 drill program at Mer.
  • Qualified Person: Kristopher J. Raffle, P.Geo., principal & consultant, Apex Geoscience Ltd., reviewed and approved the technical content per NI 43‑101.

Notable Quotes

(No direct quotes were provided in the release.)

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