Shareholder Update: GSP Resource Corp. Review of 2025 and Outlook for 2026

(TheNewswire)

News Release - Vancouver, BritishColumbia – TheNewswire- January 13, 2026:GSP Resource Corp. (TSX-V: GSPR / FSE:0YD / OTC:GSRCF) (the “Company” or “GSP”) provides shareholders with the following outlook for 2026and review of 2025 activities.  GSP’s core assets are the 100%owned past producing Alwin Copper Mine, and the 100% owned Mer Claims,both located in BC’s Highland Valley Copper Camp.

Mr. Simon C. Dyakowski, President & CEO andco-founder of GSP commented: “2025 was a productive year for GSP. Early in the year we published our maiden 43-101 Mineral ResourceEstimate (MRE) technical report and consolidated 100% ownership of theAlwin Mine Copper-Silver-Gold Project.  We also reported some of thebest shallow high-grade copper-silver gold drilling intercepts everreported at the Alwin Mine Property, including the discovery of a newzone of high-grade gold.  Mid-year we completed a significantgeophysical program which yielded support for the discovery ofpotential porphyry style mineralization north of the shallow Alwindeposit.  Importantly, our geologic reconnaissance program across thecombined Alwin-Mer properties in the Fall generated several newhigh-grade copper and precious metals targets in addition todemonstrating further support for proximal porphyry targets at eachproperty.  With our next-door neighbor, Teck Resources, investingover C$2 billion in their Highland Valley Copper Mine expansion, whichis currently BC’s largest mining investment, and a strong backdropof all time high prices for copper, silver and gold, GSP is positionedto create substantial shareholder value in 2026 by aggressivelypursuing our newly generated targets across our combined Alwin-Merproperties.”

2025 Year in ReviewHighlights:

Alwin Mine - Mer Project:

• January 2025:Reported assay results of the surface diamond drill program at theAlwin Mine project completed in late 2024.  Highlightsinclude: 

  • The discovery of a new high-grade gold zone within drill holeAM-24-06grading 5.04 grams-per-tonne(g/t) gold (Au) and 1.01% copper (Cu) over 7.90 m, including 22.93 g/tAu and 1.82% Cu over 1.64 m; in addition to anupper zone grading 1.22% Cu,22.5 g/t Ag and 0.64 g/t Au over 2.5 m (pleasesee news release dated January 16, 2025) 

  • Drill hole AM-24-01 intersected multiple zones of high-grade copper-silver-goldmineralization over a combined 36.2 metre (m)core interval.  Significant assay results include a main zoneaveraging 2.41% Cu, 35grams-per-tonne (g/t) silver (Ag), and 0.68 g/t gold (Au) over 17.4m, including 4.11% Copper, 60 g/t Ag and 0.95 g/t Auover 8.4 m; in addition to an upper zone grading1.01% Cu and 10.7 g/t Ag over5.5 m (please see news release dated January 13,2025) 

• January 2025: Accelerated andcompleted 100% Acquisition of Alwin Mine property. 

  • The companyopted to acceleratethe balance of the payments to finalize the acquisition ahead ofschedule.  Upon fulfilling all necessary requirements, GSPexercised the option and completed the transferof claims with the vendors to become the sole registered andbeneficial holder of the Alwin Project. (please see news release datedJanuary 8, 2025) 

• March 2025: MerProperty - commenced drill permitting of a 5-year multi-year area-based (MYAB) exploration permit (please seenews release dated March 13, 2025) 

• June - August 2025: Advanced AMT Geophysical Survey at Alwin Mine Property,identifying a large conductive anomaly: 

  • The results of the 2025 NSAMT survey confirmed and strengthened theidentification of an untested deep conductive anomaly within the northern portion of the Alwin Property.  Theanomaly is located 1.5 km northwest of the Alwin Deposit which hosts acurrent 34.6-million-pound inferred copper resource.  The conductiveanomaly extends from 600-1200 metres depth, having dimensions ofapproximately 600 x 750 metres, and 500-1000 Ohm-mresistivity. 

  • This conductive anomaly is significant for explorationof undiscovered porphyry-style mineralization as it is situated alonga well-defined northwest trending sodic-calcic fluid pathway passingthrough the Company’s Mer Property, and southeast through the HVCBethsaida Zone, Lornex and Highmont deposits over 20 km1. (please see newsrelease dated August 12, 2025) 

  • The presence of a deeper untested conductivity anomalyat Alwin is significant given that zones of reduced resistivity can beassociated with increased alteration, in particular porphyry-stylequartz-sericite-pyrite (phyllic) and clay (kaolinite) dominatedalteration (notably at Endako and in the Babine Porphyry district ofBC).  The range of observed resistivity of the Alwin anomaly isconsistent with those of quartz-sericite altered Endako quartzmonzonite2.  

• September - December 2025:Mobilized and completed geologic reconnaissanceexploration program at the combined Alwin-Mer Properties 

  • Results yieldedseveral new targets including the high-gradesilver-copper Apex target within the Alwin Mine Zone (please see newsrelease dated October 28, 2025 and November 26, 2025): 

    • 348 grams-per-tonne (g/t) silver (Ag), 11.9% copper(Cu); and 104 g/t Ag, 1.2 g/t gold, and 4.2% Cu from the ApexZone 

    • Alwin Mine and nearby historic “Area D” trenchesyielded high grade assays of 5.5% Cu and 35 g/t Ag, and 1.6% Cu inoutcrop and trench float 

    • Little OK Lake float exposed in road cuts yields 2.58%Cu and 1.62% Cu 

    • Additional Apex Zone samples returning 1.07 to 2.26 g/tAu; 33 to 83 g/t Ag; and 0.90 to 3.3% Cu, respectively 

    • Mer Showing yields a broad 100 x 50 m area yielding 12samples returning between 0.14 to 1.02% Cu, and averaging 0.4%Cu 

    • Previously unsampled historic Mer Eastern Trenches,located 650 east of Mer Showing return bornite mineralized trenchfloat sample yielding 3.1% Cu, 12 g/t Ag 

    • Mer Porphyry Zone returned outcrop samples returning0.52% Cu and 0.33% Cu 

  • Demonstrated Potential New PorphyrySources of Mineralization Across the Combined Alwin-Mer Propertieswith the receipt of surface rock sample visibleand short wave infra-red (VIS-SWIR) hyperspectral TerraSpec®analysis. 

    • The VIS-SWIR hyperspectral data returned revealimportant spatial patterns that provide strong evidence of potential porphyry copper mineralizationvectors.  Highlights of the recently completedhyperspectral studies: 

      • Presence of pervasive muscovite containing chalcopyriteand bornite, typical of the potassic core at Valley,suggests Alwin may representthe upper parts of a still deeper porphyry system. 

      • The presence of higher temperature proximal porphyrysignature at Mer, which lies further from the Valley Deposit thanAlwin further supports thepotential of an undiscovered porphyry system at Alwin-Mer  

Corporate

• Completed 100% Acquisition of Alwin MineProperty 

• Closed private placement financings totaling$765,000. 

Outlook for 2026

• Alwin-Mer: Report final results of Fall 2025 geologicreconnaissance investigation program 

• Mer: Obtain final 5-year MYAB permit to drill PorphyryCopper target at Mer 

• Alwin: Plan and complete a substantial follow-upexploration program to support potential resource expansion and testadditional targets 

• Alwin-Mer: Plan and complete a substantial explorationprogram for porphyry style copper mineralization across the combinedAlwin-Mer properties 

• Continually evaluate new opportunities to addshareholder value through the acquisition of projectsglobally 

Qualified Person:  The scientific and technical disclosure contained in thisnews release has been reviewed and approved by Christopher I.Dyakowski, P. Geo., a director of the Company and a “QualifiedPerson” as that term is defined in National Instrument 43-101 –Standards of Disclosure forMineral Projects. Mineralization hosted on nearby properties is notnecessarily indicative of mineralization that may be hosted on theAlwin property.

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 regardingpresent and future business strategies and the environment in whichthe Company will operate in the future, including the price of metals,the ability to achieve its goals, that general business and economicconditions will not change in a material adverse manner, thatfinancing will be available if and when needed and on reasonableterms. Such forward-looking information reflectsthe Company’s views with respect to future events and is subject torisks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation ofexploration results, risks related to the inherent uncertainty ofexploration and cost estimates and the potential for unexpected costsand expenses, and those filed under theCompany’s profile on SEDAR+ at www.sedarplus.ca. Factors that could cause actual results to differ materiallyfrom those in forward looking statements include, but are not limitedto, continued availability of capital and financing and generaleconomic, market or business conditions, adverse weather or climateconditions, failure to maintain all necessary government permits,approvals and authorizations, failure to obtain or maintain communityacceptance (including First Nations), decrease in the price of copper,gold, silver and other metals, increase in costs, litigation, andfailure of counterparties to perform their contractualobligations. The Company does not undertake toupdate forward?looking statements or forward?looking information,except as required by law.

1 Bynre, et al. (2017): Large-scale sodic-calcic alterationaround porphyry copper systems examples from the Highland ValleyCopper district Geoscience BC, Report 2017-1, p.213–222.

2 Mineralization hosted onother properties is not necessarily indicative of mineralization thatmay be hosted on the Alwin Project. Mitchinson and Enkin (2011)Continued investigation of physical property–geology relationshipsin porphyry deposit setting in the QUEST and QUEST-West Project Areas,Geoscience BC, Report 2011-1, p.17-32

Copyright (c) 2026 TheNewswire - All rights reserved.