GSP Soil Geochemical Results Expand Surface Copper Zone at Mer and Highlight Near Surface In-Pit Resource Expansion Potential at Alwin Mine

(TheNewswire)

News Release - Vancouver, BritishColumbia – TheNewswire- January 26, 2026: GSP Resource Corp. (TSX-V: GSPR / FSE: 0YD / OTC:GSRCF) (the “Company” or “GSP”) announces thereceipt of final soil geochemical sample analysis from its Fall 2025Alwin Mine and Mer property geologic reconnaissance explorationprogram.

The 2025 Alwin-Mer results released today for 204targeted grid soil geochemical samples form part of the larger 2025Alwin-Mer geologic reconnaissance exploration program.  Surface rockgrab sample results released previously highlight the high-grade ApexZone that yielded assays including 1.85% copper, 348 g/t silver and2.6 g/t gold; in addition to the MER Zone returning widespreadmoderate copper values (see GSP Resource Corp. news release datedNovember 26, 2025).

Compelling surface rock anomalies are augmented byshort wave infra-red (VIS-SWIR) hyperspectral TerraSpec® analysisyielding muscovite and chlorite compositions at MER indicative of ahigh temperature proximal porphyry environment, and peripheralporphyry environment at Alwin.  Together these results supportthe potential for anundiscovered porphyry system.

Alwin-Mer grid soils targeting the MER, Alwin Minesouth, and Little OK Lake areas.  Highlights of the soil geochemicalsurveys are as follows:

• Soils sampling at MERtargeted an area of historic trenching and ca.1970’s percussion drilling.  Of the 157 soils collected at MER, atotal of 31 samples returned greater than 60 ppm copper; including8 samples greater than 150 ppmcopper and up to 315 ppm Cu. The soil resultsdefine an approximately 175 x 120 metre apparently northwest trendingcopper anomaly extending northwest of the focus of historic drillingand trenching.  In this area four sequential soil samples spaced at20 metre intervals yielded copper values 158, 206, 190 and 252 ppmcopper, respectively indicating the MER copper anomaly is open to the northwest of the areahistorically explored 

• At the Alwin Mine soils targeted near surface copper drill intercepts occurringat the edge of the Alwin Mine pit shell where 1968 drilling (hole68-45) returned 2 m averaging 4.4% copper, which was followed up bythe Company within drill hole AM-21-02 located 50 metres to thesoutheast that returned 1.8 m averaging 3.2% copper1. At Alwin Minesouth, a total of 9 samplesreturned greater than 60 ppm copper; including 5 samples returnedgreat than 100 ppm copper and up to 175 ppm copper. The highest soils values occur east the surface projectionof mineralization within 68-45 and AM-21-02 indicating thatexpansion of soil geochemicalcoverage and/or excavated trenching in this area of no outcrop andcomparatively limited drilling is warranted to further evaluateresource expansion potential along the south pit wall of the at AlwinMine 

• In the Little OK Lakearea ca. 2007 historic soil sampling by SanMarco Resources Inc. yield copper values as high as 4,400 ppm, whichwere thought to be related to site contamination.  However, the areaof the historic anomaly is forested and appears relativelyundisturbed.  Current soilssample results returned the highest values, across the entire gridarea with 21 of 25 samples returned greater than 100 ppm copper:including 14 samples greater than 200 ppm copper and up to 950 ppmcopper. Following receipt of the Little OK Lakesoil results additional research and compilation was completedincluding accessing historic aerial photography which indicted asignificant expansion and change in the size and configuration of theoutlet location of the now reclaimed historic Alwin Mine tailingspond. Based on the prior ca. 1970’s Little OK Lake configuration itseems likely the anomaly is related to transported tailingsmaterial. 

Figure 1: Mer and Alwin Mine PropertySoils Geochemical Results

Click Image To View Full Size

Methodology and QA/QC

The analytical work reported on herein was performed byALS Global (“ALS”), Kamloops, Canada. ALS is an ISO-IEC 17025:2017and ISO 9001:2015 accredited geoanalytical laboratory and isindependent of GSP Resource Corp. and the QP. Soil samples collectedfrom the B-horizon to a maximum of 30 cm depth and subsequently driedat <60°C/140°F and sieved to -180 micron (80 mesh). Base andprecious metal were determined via aqua-regia digestion 51 elementICP-MS analysis and 30-gram gold fire assay with AAS finish.

GSP Resource Corp. follows industry standard proceduresfor the work carried out on the Alwin Mine Project, with a qualityassurance/quality control (QA/QC) program. Duplicate soil samples werecollected at 1/20 frequency and inserted into the sample sequence sentto the laboratory for analysis to assess repeatability. In addition,GSP Resource Corp. has relied on the internal qualityassurance/quality control (QA/QC) measure of ALS which includes theinsertion of standard, blank and duplicate samples into the samplestream to confirm the accuracy of the reported results. GSP ResourceCorp. detected no significant QA/QC issues during review of the data,and is not aware of any sampling, or other factors that couldmaterially affect the accuracy of the results.

Qualified Person:  The scientific and technical information contained in thisnews release has been reviewed and approved by Kristopher J. Raffle,P.Geo. (B.C.), principal and consultant of APEX Geoscience Ltd. ofEdmonton, AB, an independent consultant to the Company and a“qualified person” as defined in National Instrument 43-101 —Standards of Disclosure forMineral Projects.

About GSP Resource Corp.

GSP Resource Corp. is a mineral exploration &development company focused on projects located in SouthwesternBritish Columbia.  The Company owns 100% interest and title to theAlwin Mine Copper-Gold-Silver Property, and the Mer Property, in theKamloops Mining Division, as well as a 100% interest and title to theOlivine Mountain Property in the Similkameen MiningDivision.

For more information, pleasecontact:

Simon Dyakowski, Chief Executive Officer &Director

Tel: +1 (604) 619-7469

Email: simon@gspresource.com

Neither the TSX Venture Exchange nor its RegulationServices Provider (as that term is defined in the policies of the TSXVenture Exchange) accepts responsibility for the adequacy or accuracyof this release.

Forward-Looking Information

This news release contains “forward?lookinginformation or statements” within the meaning of applicablesecurities laws, which may include, without limitation, completing ongoing and planned work, advancing the Alwin andMer Properties, the potential presence of mineralization at the Alwinand Mer Properties, further evaluation of potential mineralization atthe Alwin and Mer Properties, other statements relating to thetechnical, financial and business prospects of the Company, itsprojects and other matters. All statements in this news release, other than statements ofhistorical facts, that address events or developments that the Companyexpects to occur, are forward-looking statements. Although the Companybelieves the expectations expressed in such forward-looking statementsare based on reasonable assumptions, such statements are notguarantees of future performance and actual results may differmaterially from those in the forward-looking statements. Suchstatements and information are based on numerous assumptions regarding present and future business strategiesand the environment in which the Company will operate in the future,including the price of metals, the ability to achieve its goals, thatgeneral business and economic conditions will not change in a materialadverse manner, that financing will be available if and when neededand on reasonable terms. Such forward-lookinginformation reflects the Company’s views with respect to futureevents and is subject to risks, uncertainties and assumptions,including the risks and uncertainties relatingto the interpretation of exploration results, risks related to theinherent uncertainty of exploration and cost estimates and thepotential for unexpected costs and expenses, and those filed under the Company’s profile on SEDAR+ atwww.sedarplus.ca. Factors that could causeactual results to differ materially from those in forward lookingstatements include, but are not limited to, continued availability ofcapital and financing and general economic, market or businessconditions, adverse weather or climate conditions, failure to maintainall necessary government permits, approvals and authorizations,failure to obtain or maintain community acceptance (including FirstNations), decrease in the price of copper, gold, silver and othermetals, increase in costs, litigation, and failure of counterpartiesto perform their contractual obligations. TheCompany does not undertake to update forward?looking statements orforward?looking information, except as required by law.

1 The true width of the mineralized intercept is estimated tobe 80% of the drilled interval.

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