Mr. Adrian Hobkirk
reports
GOLD PORT SELECTS SITE ACCESS CONTRACTOR
Gold Port Corp. has selected Jaisingh's Equipment Rental (JER) of Georgetown, Guyana, for the construction of road access to the Groete gold-copper project. JER is a provider of heavy equipment and road construction services. The program will require the completion of approximately 13 kilometres of dirt road access, including some bridge and drainage construction.
Upon completion of site access, the company will move into place its new MP Power track-mounted core rig to initiate the drill program.
About Gold Port Corp.
Gold Port is focused on the further exploration and development of the 100-per-cent-owned Groete gold project, located in Guyana, South America. The current focus of the company is to enhance the National Instrument 43-101 gold deposit defined at the Groete project to a higher-grade, lower-tonnage resource. The project was last explored in 2012, which included a drill program that allowed the calculation of an inferred mineral resource of 1.57 million gold equivalent ounces (gold plus copper) within 74 million tonnes, at a grade of 0.66 gram per tonne gold equivalent. A cut-off grade of 0.25 gram per tonne gold equivalent, a gold price of $1,275 (U.S.) per ounce and a copper price of $3 (U.S.) per pound were used in the calculation of the inferred mineral resource. Details of the mineral resource are contained in a National Instrument 43-101 report titled, "Technical Report and Updated Mineral Resource Estimate on the Groete Gold Copper Deposit, Groete Property, Guyana, South America," by P&E Mining Consultants Inc., dated April 16, 2019, available on SEDAR+ and the company's website.
William Feyerabend, CPG, a consulting geologist and qualified person under National Instrument 43-101, and a director of the company, participated in the writing of this press release and approves the scientific and technical content.
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