GSP Resource Corp. released the preliminary drilling results on the Olivine Mountain property, located in Similkameen Mining Division, British Columbia. The Olivine Mountain property covers part of the Tulameen Ultramafic Complex, a large slab of magnesium and iron-rich rock that ascended from near the base of the earth’s crust to its current position during continental collision and the emplacement of the Cache Creek terrane in southwestern British Columbia. Previous mapping and the 2018 GSP soil survey confirm that there is a northwest-southeasterly trending geological contact that separates mafic rocks in the northeastern part of the property from ultramafic rocks in the property’s southwestern part. The predominant economic metals present in the northeastern mafic rocks are copper, cobalt, nickel and gold. Those in the southwestern ultramafic rocks are nickel, chromium, and platinum-group metals, mostly palladium. Mineralization of interest to GSP was concentrated in the Olivine Mountain property area during at least four separate events resulting in a diverse group of exploration targets. Original copper mineralization was concentrated in parts of the mafic rocks in the northern part of the property near the ASP 14 showing while the Tulameen Ultramafic Complex was formed near the base of the earth’s crust. Platinum-group metals, mostly palladium, were concentrated in east-west trending structures in the ultramafic rocks in the southwestern part of the property area due to deformation during ascent from the base of the crust. Porphyry copper-molybdenum mineralization and alteration occurred during granitic intrusion in the southeastern part of the property area around the HOP showings and in the central part of the property. Gold-bearing shears and quartz veins developed throughout the northeastern part of the property area. Late shears further concentrated copper mineralization in the ASP 14 showings area in the property’s northern part. Recent GSP Reconnaissance Drilling: The recent GSP reconnaissance drilling program comprised seven drill holes that tested targets at six locations in the northern and central parts of the Olivine Mountain property. DDH 1 was a vertical hole with a length of 203.2m. It was collared at U.T.M.: 5,483,700 N., 655,693 E. near the eastern shore of a borrow pit locally named the frog pond. It is in the central part of the property area and the 2018 GSP soil grid. The diorite at that location is fractured and hosts numerous quartz, orthoclase and epidote veins, some of which are mineralized with bornite and chalcopyrite. Weak potassic alteration that is present at surface was confirmed by a 44.6 ppm concentration of molybdenum encountered in the narrow mineralized section that was present in the core. DDH 2 was a vertical hole with a length of 200.25m. It was collared at U.T.M.: 5,482,861 N., 655,635 E. over an airborne magnetic anomaly in the western part of the property area and the 2018 GSP soil grid. Probably, the magnetic anomaly was generated by blebs and pods of blue-black magnetite present through altered diorite and gabbro. The hole encountered no significant mineralization. DDH 3 was a vertical hole with a length of 206.35 m. It was collared at U.T.M.: 5,483,039 N., 656,783 E. over an airborne magnetic anomaly in the central part of the property area and the 2018 GSP soil grid. Probably, the magnetic anomaly was generated by magnetite. Copper enrichment was encountered at the base of the weathering profile. No other significant mineralization was encountered. Drill holes 4 and 4B were drilled from two set-ups located 20m apart on a logging road where it crosses between the two ASP 14 showings in the northern part of the property area. The two showings are connected by a sub vertical trend that strikes at about 190°. DDH 4 was collared at U.T.M.: 5,485,882 N., 655,356 E. It was drilled southeastward (145°/-70°) for 93.2m beneath the main ASP 14 showing, an outcrop of sheared mafic rock containing copper (chalcopyrite, chalcocite, malachite, and azurite) mineralization. Previously, prospectors had reported obtaining high palladium results from samples taken from that outcrop. DDH 4 penetrated two narrow mineralized sections. DDH 4B was collared at U.T.M.: 5,485,877 N., 655,373 E., about 20m east-northeast of DDH 4. It was drilled eastward (070°/-60°) for 93.5 m beneath the road under the ASP 14 quartz vein showing, a small outcrop of sheared mafic rock hosting quartz veins. The veins contain chalcopyrite. DDH 4B penetrated three significantly mineralized intersections. DDH 5 was a 200.25m long vertical hole, located at U.T.M.: 5,483,598 N., 657,310 E. at the eastern margin of the 2018 GSP soil grid in the central part of the property area. DDH 5 was drilled into a road-side outcrop of variously silicified diorite and gabbro with copper mineralization on fractures and chromite blebs. Reportedly, a sample of chromite-rich rock taken previously by prospectors contained 10 gm/mt palladium. The road-side outcrop was also the location of a Cretaceous-age quartz and gold-bearing shear as defined by the 2018 GSP soil survey. DDH 5 penetrated three significantly mineralized intersections. DDH 6 was vertical hole with a length of 200.25m. It was collared at U.T.M.: 5,483,286 N., 656,538 E. over the northern part of the same airborne magnetic anomaly that was tested by DDH 3. DDH6 is located in the central part of the property area and the 2018 GSP soil grid. Sheared and altered diorite was encountered in the upper part of the hole. Its lower part was through a dense blue-black magnetite-rich rock that hosted up to 14% iron. No significant mineralization was encountered in DDH 6.