GSP Resource Corp (GSPR.V) has now finally received the permits for its drill campaign on the Olivine Mountain project where the company recently completed a sampling program which confirmed the existence of relatively high-grade copper and gold values right at surface.
As the property had never been drilled before, the GSP management is obviously quite excited to drill-test some of its highest priority drill targets. Five targets have been established using the mapping, sampling and soil Geochem programs earlier this year, and drilling could start any day now as the field crews have already been mobilized for the five hole, 1,000 meter drill program. We could see assay results by the end of December, but early January appears to be more realistic given the busy period of the year.
Disclosure: The author has a long position in GSP Resources.
