04:17:55 EDT Thu 02 May 2024
Enter Symbol
or Name
USA
CA



Grande Portage Resources Ltd (2)
Symbol GPG
Shares Issued 113,701,276
Close 2023-06-19 C$ 0.20
Market Cap C$ 22,740,255
Recent Sedar Documents

Grande Portage Resources begins drilling at Herbert

2023-06-20 11:36 ET - News Release

Mr. Ian Klassen reports

GRANDE PORTAGE RESOURCES LTD. STARTS DRILLING AT ITS HERBERT GOLD PROJECT, SE ALASKA

Drilling commenced yesterday at Grande Portage Resources Ltd.'s 100-per-cent-controlled Herbert gold project in southeast Alaska.

The company expects to drill approximately 15 to 20 holes from up to four different platforms which will test numerous separate primary veins and their satellitic structures. The coming drill program is a continuation of previous drilling which successfully tested multiple gold-quartz veins of the Herbert mesothermal vein system with very encouraging results. The drill program will target many geologically promising, high-value targets at the Main, Goat, Deep Trench, Ridge and Sleeping Giant veins from multiple locations and is expected to conclude by Nov. 1, 2023.

This news release has been prepared and approved by Carl Hale, CPG, a geologist with more than 40 years of experience and a qualified person as defined under National Instrument 43-101.

About Grande Portage Resources Ltd.

Grande Portage Resources is a publicly traded mineral exploration company focused on the Herbert gold discovery situated approximately 25 kilometres north of Juneau, Alaska. The company holds a 100-per-cent interest in the Herbert property. The Herbert gold property system is open to length and depth and is host to at least six main composite vein-fault structures that contain ribbon structure quartz-sulphide veins. The project lies prominently within the 160 km long Juneau gold belt, which has produced over seven million ounces of gold. The company's updated NI 43-101 mineral resource estimate reported at a base case mineral resources cut-off grade of three grams per tonne gold and consists of: an indicated resource of 1,196,800 ounces of gold at an average grade of 10.23 g/t gold (3,637,000 tonnes); and an inferred resource of 325,900 ounces of gold at an average grade of 8.91 g/t gold (1,138,000 tonnes).

© 2024 Canjex Publishing Ltd. All rights reserved.