GSP Resource Corp. Prepares to Explore Promising Copper Mineralization in British Columbia
TL;DR
GSP Resource Corp. nearing completion of 5-year MYAB permit application for copper exploration, giving them an edge in securing valuable resources.
Company planning detailed diamond drilling program for Mer Property, aiming to uncover copper mineralization and expand exploration efforts over 5 years.
Exploration of Mer Property by GSP Resource Corp. could lead to sustainable mining practices, benefiting local communities and preserving valuable resources.
Historic exploration at Mer Property revealed shallow copper mineralization, promising exciting discoveries for future mining endeavors.
Found this article helpful?
Share it with your network and spread the knowledge!
Mineral exploration company GSP Resource Corp. is preparing to submit a multi-year permit application for its Mer Property, located in British Columbia's Kamloops Mining Division. The property, situated approximately 1.5 kilometers northwest of the company's Alwin Mine Project, shows promising copper mineralization potential based on historical exploration data.
Historical drilling conducted between 1965 and 1971 by Cleveland Ming & Smelting Co. Ltd. revealed significant copper deposits. Drill holes returned impressive copper grades, including sections averaging 0.53% copper over 30 meters and 0.51% copper over 21 meters. These findings suggest substantial mineral resources within the property's 70 x 120 meter northeast-trending porphyry copper-molybdenum zone.
The upcoming permit application targets an initial diamond drilling program, with potential expansion in subsequent years. The property's accessibility via existing logging roads and previous surface explorations provide a strategic advantage for future exploration efforts.
Positioned within the Chataway and Guichon granodiorite phases of the Guichon Batholith, and located near Teck Resource Limited's Highland Valley Copper Operations, the Mer Project represents a high-priority exploration target. The mineralization zone remains open to the north and west, indicating potential for further discovery.
GSP's planned exploration could provide valuable insights into the region's mineral potential and contribute to the ongoing development of British Columbia's mining sector. The project's proximity to existing mining infrastructure and historical evidence of copper mineralization makes it a promising venture for the company.
Curated from NewMediaWire
