0.115
0.00
0.00%
| Change | 0.0000 | Volume | 8,494 |
|---|---|---|---|
| High | 0.1150 | 52 Week High | 0.1600 |
| Low | 0.1150 | 52 Week Low | 0.0700 |
| Market Cap | 4,070,160.00 | Currency | CAD |
Copper Past Production- Alwin Mine
- The shallow high-grade potential of the Alwin Mine project is compelling due to the project’s location adjacent to Teck Resource’s Highland Valley Mine operations including its favourable elevation and hill-top topography
- Recently completed a drilling compilation that captured over 50,000 metres of historic surface and underground drilling
- Targeting potential extensions of high-grade Copper+Silver+Gold mineralization
Recent Drilling Highlights
- GSP’s recently completed drill program in late 2023 returned high-grade intersections including: Hole AM23-01: 12.8m of 2.42% copper, 0.57 g/t gold and 47 g/t silver (3.14% CuEq) including 5.7m of 5.21% Cu, 1.22 g/t Au and 103 g/t Ag (6.77% CuEq)
- Several relatively shallow intersections from the 2020 – 2023 drilling programs at Alwin have return high-grade results including: Hole AM21-01B: 6.4m of 3.50% Cu, 2.4 g/t Au, 39.6 g/t Ag (4.66% CuEq)
Compelling Capital Structure
- Tiny market capitalization of less than CAD$5 million
- Insiders own +25% of outstanding shares
- Tight capital structure provides investors maximum leverage for valuation re-rating
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Financials
View our filings on SEDAR.
Annual General Meeting
2023 AG&SM Meeting Materials
Capital Structure
Issued & Outstanding Shares:
36.3 Million
Fully Diluted:
48.4 Million
Working Capital:
CAD $0.7 million
Market Capitalization:
CAD $4.4 Million
Enterprise Value:
CAD $3.7 Million
- Skin in the game: Management & Insiders Hold 30% of I/O Shares (8.45 million)
- Recently welcomed legendary British Columbia mineral exploration participant Richard Billingsley as a 10%+ shareholder and reporting insider
Share Structure Detail
Amount:
Notes:
Basic Shares:
36,292,687
-
Options:
2,615,000
Warrants:
9,458,133
Fully Diluted
48,365,820
As at Oct 4, 2024
Shareholder Value Creation Strategy
Projects
- GSP has an option to acquire 100% of Alwin Mine Project; and owns 100% of the Olivine Mountain project
- GSP owns 100% of the MER Porphyry Copper Property in the Highland Valley Copper Camp
- Recently negotiated deal to partner on Olivine Mountain Project with Full Metal Minerals (TSXV:FMM)
Structure
- Management is committed to carefully managing capital structure;
- Focus on projects that can add near-term value to shareholders
- Opportunistic acquisitions focussed within British Columbia
Macro Trends
- Metals & Mining Capital Markets Cycle in full swing
- Precious metals prices have rallied significantly from cyclical lows, and base metals have followed
- Copper supply crunch is currently unfolding with Copper price approaching all time highs
