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GSP Resource Expands Olivine Mountain Project By 566 Hectares
Feb. 14, 2019 08:32AM PST
Base Metals Investing The company said the additional claims are being acquired for the cost of staking and will be paid in cash.
GSP Resource (TSXV:GSPR) has announced 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 in British Columbia and expand the property size from 2455.54 Hectares to 3021.87 Hectares.
The company said the additional claims are being acquired for the cost of staking and will be paid in cash.
As quoted in the press release:
Also, further to the news release dated February 13, 2019 the company wishes to clarify the quote which should read: “base metals values in the soil sample grid, in particular – Copper of up to 678 ppm, are very encouraging. The results are coincident with the interpreted geophysical anomalies identified in GSP’s Spring 2018 airborne and ground survey programs. Four drill targets are considered of interest for the presence of related massive sulphide deposits and we expect to commence the permitting process shortly.”
Click here to read the full GSP Resource (TSXV:GSPR) press release.
