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GSP Resource Corp. Advances Mer Property Copper Exploration with Strategic Permit Application

Burstable News - Business and Technology News March 13, 2025
By Burstable News Staff
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GSP Resource Corp. Advances Mer Property Copper Exploration with Strategic Permit Application

Summary

GSP Resource Corp. is preparing to submit a multi-year drilling permit for its Mer Property in British Columbia, targeting a historically documented porphyry copper-molybdenum zone with significant potential for further mineral exploration.

Full Article

GSP Resource Corp. is advancing its exploration strategy for the Mer Property in the Highland Valley Copper Camp of British Columbia, preparing to submit a comprehensive five-year permit application to the British Columbia Ministry of Mining and Critical Metals. The company's focus is on a 185-hectare property located near its Alwin Mine Project, which demonstrates promising copper mineralization potential.

Historical exploration data from 1965-1971 revealed substantial copper deposits, with drilling results showing multiple intervals averaging between 0.47% and 0.53% copper. These findings suggest significant mineral wealth in the area, with the mineralization zone remaining open to further exploration in the north and west directions.

The proposed permit application outlines an initial year-one diamond drilling program, with provisions for potential expansion in subsequent years. The property's accessibility via existing logging roads and previous surface excavations provides a strategic advantage for exploration efforts.

The Mer Property's location, approximately 6 kilometers west of Teck Resource Limited's Highland Valley Copper Operations, positions it within the geologically promising Chataway and Guichon granodiorite phases of the Guichon Batholith. This geological context enhances the property's potential for meaningful mineral discovery.

By pursuing this permit and exploration strategy, GSP Resource Corp. is demonstrating a methodical approach to identifying and potentially developing copper resources in a region with established mining infrastructure.

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