GSP Resource Corp. is pleased to announce it has entered into a letter of intent with Richard John Billingsley and S. Gaye Richards , whereby GSP and the Vendors will negotiate and settle the terms of a definitive option agreement that will provide GSP with an option to acquire a 100% interest in the Vendor’s right, title and interest in and to the mineral claims compromising the mineral exploration and development [...]
GSP Resource Corp. is pleased to provide the following progress update on the initial diamond drilling program at its 3021.87-hectare Olivine Mountain Project in Southwestern British Columbia. GSP has now completed seven drill holes totalling approximately 1,200 meters at the Olivine Mountain Project. Five holes were drilled in the Main Zone of the project Southeast of Olivine Creek, approximately 1.5 km Southeast of the [...]
GSP Resource Corp. is pleased to provide the following progress update on the initial diamond drilling program at its 3021.87 hectare Olivine Mountain Project in Southwestern British Columbia. GSP had anticipated drilling one 100-meter hole in the vicinity of the Asp 14 showing; however, drilling at this location was expanded to include a second 100-meter hole. Drill core from the two drill holes at Asp 14 has been logged [...]
GSP Resource Corp. is pleased to announce that it has commenced the inaugural diamond drilling program at the Olivine Mountain Project in Southwestern British Columbia. The initial ~1000 meter drill program will test five separate Massive copper/nickel sulphide targets across the 3021.87 hectare property. The field crew has constructed core analysis and storage facilities in nearby Princeton, BC, and the drill crew has [...]
GSP Resource Corp. is pleased to announce that it has mobilized field crews to the Olivine Mountain Project in Southwestern, British Columbia. Field crews are currently constructing core storage and core cutting facilities in Princeton, British Columbia in preparation for the upcoming drill program. A drill rig has been contracted and is expected to mobilize over the coming weeks. The initial 5-hole, ~1000 meter drill [...]
GSP Resource Corp. is pleased to announce that further to its news release on October 29, 2019, it has closed its oversubscribed non-brokered private placement of 1,120,000 flow-through units at a price of $0.15 per FT Unit for gross proceeds of $168,000 . As previously disclosed, each FT Unit consists of one flow-through common share and one non flow-through common share purchase warrant . Each whole Warrant entitles the [...]
GSP Resource Corp. is pleased to announce that it intends to complete a non-brokered private placement of up to 1,000,000 flow-through units at a price of $0.15 per FT Unit for gross proceeds of up to $150,000 . Each FT Unit will consist of one flow-through common share and one non flow-through common share purchase warrant . Each whole Warrant will entitle the holder to purchase one additional non flow-through common [...]
GSP Resource Corp. is pleased to announce that it has received permits for the proposed drilling program on the Company’s Olivine Mountain property located in the Similkameen Mining Division, 25 km northwest of Princeton, British Columbia. The Company expects to mobilize crews to commence the drill program in early November. Phase 1 drilling is expected to focus on five drill targets that have been established based [...]
GSP Resource Corp. is pleased to announce that it is in the final stages of the permitting process for the proposed drilling program on the Company’s Olivine Mountain property that is located in the Similkameen Mining Division, 25 km northwest of Princeton, British Columbia. Five drill targets have been established based on the Company’s exploration to date that includes a VLF-EM airborne survey, a soil [...]
GSP Resource Corp. is pleased to announce that drill permitting is currently underway on the Company’s Olivine Mountain project. The Olivine Mountain project is located 25 kilometers northwest of Princeton, B.C. and consists of claims over 3022 Hectares underlain by rocks of the Alaskan-type Tulameen Mafic/Ultramafic Complex. Upon receipt of the drill permits, summer drilling is expected to test several targets [...]
GSP Resource Corp. is pleased to announce that, John R. Kerr P.Eng., has joined the Company as the first member of a Technical Advisory Board to assist the management team in exploration of the Company’s Olivine Mountain project. Mr. Kerr graduated from the University of British Columbia in 1964 with a Bachelor of Applied Science degree in Geological Engineering. He has participated in the mining industry [...]
GSP Resource Corp. is pleased to announce it has entered into an agreement to acquire several claims along the ultramafic contact North of the Asp showing. The new claims are adjacent to the Olivine Mountain project and expand the property size from 2455.54 Hectares to 3021.87 Hectares. The additional claims are being acquired for the cost of staking and will be paid in cash. Also, further to the news release dated [...]