Porphyry Style Mineralization
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Shareholder Update: GSP Resource Corp. Review of 2025 and Outlook for 2026
Thenewswire· 2026-01-13 12:00
Core Viewpoint - GSP Resource Corp. is positioned for substantial shareholder value creation in 2026, following a productive 2025 marked by significant exploration achievements and the completion of key acquisitions [2][4]. 2025 Year in Review Highlights - The company reported a maiden 43-101 Mineral Resource Estimate (MRE) technical report and consolidated 100% ownership of the Alwin Mine Copper-Silver-Gold Project [2]. - Notable drilling results included the discovery of a new high-grade gold zone with grades of 5.04 grams-per-tonne (g/t) gold and 1.01% copper over 7.90 meters [2]. - A significant geophysical program was completed, supporting the discovery of potential porphyry-style mineralization north of the Alwin deposit [2]. - The geologic reconnaissance program across the Alwin-Mer properties generated several new high-grade copper and precious metals targets [2]. Exploration Results - The 2025 NSAMT survey confirmed a deep conductive anomaly within the northern portion of the Alwin Property, located 1.5 km northwest of the Alwin Deposit, with dimensions of approximately 600 x 750 meters and resistivity of 500-1000 Ohm-m [3]. - The presence of a deeper untested conductivity anomaly is significant for exploring undiscovered porphyry-style mineralization [3]. - New targets identified included the high-grade silver-copper Apex target, with assays of 348 g/t silver and 11.9% copper [3]. Corporate Outlook for 2026 - The company plans to complete a substantial follow-up exploration program to support potential resource expansion and test additional targets across the Alwin-Mer properties [8]. - GSP aims to obtain final permits for drilling at the Mer Property and evaluate new opportunities to enhance shareholder value through global project acquisitions [8].
Prismo Metals Identifies Porphyry Style Mineralization at Silver King
Thenewswire· 2025-09-15 07:30
Core Insights - Prismo Metals Inc. has identified porphyry style mineralization at its Silver King project in Arizona, which is near the significant Resolution Copper deposit, indicating strong potential for further exploration and development [1][3][5] Exploration Findings - The exploration team has successfully identified several targets beyond the historic silver mine deposit, including polymetallic veins and altered intrusions with stockwork quartz-pyrite veining, suggesting a rich mineralization environment [3][10] - The Silver King deposit is located just 3 kilometers from the Resolution Copper deposit and the former high-grade Magma mine, which produced approximately 27.6 million short tons of ore with an average copper grade of about 4.9% [5][18] - Historical mining at the Magma mine yielded significant quantities of zinc, gold (689K oz), and silver (34.3M oz), highlighting the area's potential for valuable mineral resources [5][18] Geological Characteristics - Mineralization at Silver King is hosted by the same rock sequence as the nearby deposits, with surface exposure that is not obscured by volcanic rocks, enhancing exploration opportunities [5][18] - The presence of oxide copper minerals, particularly malachite, along a northeast dipping limestone horizon indicates favorable geological conditions for mineralization [6][10] - A previously identified felsic intrusion has been confirmed by Prismo geologists, characterized by strong stockwork quartz-pyrite veining and anomalous metal values in soil samples, further supporting the potential for porphyry mineralization [8][10] Geochemical Analysis - A geochemical survey using handheld XRF instruments revealed discrete anomalies for copper (Cu), silver (Ag), and antimony (Sb) around the historic glory hole, with copper values ranging from 5,619 ppm to 12.5 ppm, silver from 186 ppm to 1.3 ppm, and antimony from 300 ppm to 3.9 ppm [11][15] - The exploration program has led to the identification of new mineralized occurrences, including distinct veins with high-grade silver, lead, and zinc, as well as copper and silver values [16][10] Future Plans - The initial phase of exploration has provided valuable insights into the potential of the Silver King project, with plans for a drill program currently in the permitting stage [13][10] - The strategic location of the Silver King mine, surrounded by the Resolution Copper claim block, offers significant upside potential for future exploration and development [18]