Spin-dependent transport properties of nanowires containing individual Co/Cu/Co pseudo-spin valves were investigated by monitoring an AC voltage induced by a temperature oscillation under a continuous DC current. We observed sharp peaks in the field-dependent AC voltage response. These peaks only appear close to the magnetic field range where conventional magnetoresistance shows a reversible and gradual transition. The effect is interpreted as an extra dissipation process with a distinct temperature dependence that occurs in non-collinear magnetic configurations when transverse moment relaxation takes place.