GSP Resource Corp. reported assay results of the recently completed surface diamond drill program at the Alwin Mine project the "Alwin Property". All drill holes intersected Copper-Gold-Silver mineralization at shallow depths, with hole AM23-01 reporting some of the highest grades of copper and precious metals drilled at Alwin in the project's history.

Drillhole AM23-01 intersected 2.42% Cu, 47.0 gpt Ag, and 0.57 gpt Au over 12.8m including a 5.7m interval averaging 5.21% Cu, 103.1 gpt Ag and 1.22 gpt Au. GSP's data compilation exercise completed in 2023 suggests that many of the historic drillholes in the pre-2008 exploration of the property did not include assays for gold and silver. The drill program, completed in November 2023, was designed to target high-grade copper zones at the Alwin Property located in the Highland Valley Copper Camp of British Columbia.

A total of 5 HQ-size diamond drill holes were completed totaling 640 metres. Drilling was completed from three sites over a 100-metre strike length targeting the upper and lower levels of the historic Alwin Mine "4 Zone". The primary objective of the 2023 drill program was achieved by successfully testing the Alwin 3D copper mineralization vein model.

The 3D model was developed for the high-grade past producing Alwin Copper-Silver-Gold Mine using historic underground and surface drilling assay results. The focus of the 20 23 drill program was to evaluate the upper and lower extents of the unmined historic 4 Zone and identify possible parallel or zone extensions. The 2023 drill program has provided confirmation of multiple parallel intervals of sulphide mineralization adjacent to the historic 4 Zone.

These results provide with an exciting exploration upside potential at the Alwin project which requires further infill and exploration drilling. In addition to the zones identified through the 2023 drilling, potential new copper mineralization zones previously identified from compiled historic drill holes to the northwest, south and at depth of the historic 4 Zone at depth. Drill holes AM-23-04 and -05 targeted the historic 4 Zone near surface.

Mineralization appears structurally controlled comprising chalcopyrite, minor bornite and pyrite, and associated varying intensity of sericitic, potassic, and chloritic alteration.