TSX-V: GSPR

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
  • Currently Drilling! Targeting potential extensions of high-grade Copper+Silver+Gold mineralization

Recent Drilling Highlights

  • GSP’s recently completed drill program in late 2021 returned high-grade intersections including: Hole AM21-08B: 1.6m of 1.24% copper, 10.4 g/t gold and 16 g/t silver (6.13 % copper equivalent)
  • Several relatively shallow intersections from the 2020 and 2021 drilling programs at Alwin have return high-grade results including: Hole AM21-01B: 6.4m of 3.50% Cu, 2.4gpt Au, 39.6 gpt Ag (4.66% copper equivalent)

Excellent Capital Structure

  • Tiny market capitalization of less than CAD$5 million
  • Insiders own +30% 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:
27.2 Million
Fully Diluted:
35.5 Million
Working Capital:
CAD $0.5 million
Market Capitalization:
CAD $3.3 Million
Enterprise Value:
CAD $2.8 Million
  • Skin in the game: Management & Insiders Hold ~32% of I/O Shares (8.4 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:
25,923,273
-
Options:
2,515,000
Warrants:
5,883,190
Fully Diluted
35,549,195
As at November 1, 2023

Shareholder Value Creation Strategy

Projects

  • GSP has an option to acquire 100% of Alwin Mine Project; and owns 100% of the Olivine Mountain project
  • 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