Mr. Adrian Hobkirk reports
DEVELOPMENT MANAGER APPOINTED
Gold Port Corp. has appointed Darrell
Turcotte, PGeo, as the exploration and development manager to the company. Mr.
Turcotte will oversee the support and management of an exploration drilling program
within the property limits of Gold Port's three 100-per-cent-owned mining permits in Guyana,
South America. Mr. Turcotte will provide geological expertise and technical assistance
to the company in support of the planned exploration and resource advancement
programs at the Groete gold-copper project.
Mr. Turcotte is a professional geoscientist with more than 40 years of experience
in the mineral exploration industry, having worked on a broad range of precious metals,
base metals, rare earth elements, diamond and coal exploration projects throughout
Canada and internationally. His experience encompasses all stages of exploration from
grassroots prospecting and target generation through advanced drilling programs,
resource evaluation and National Instrument 43-101 technical reporting.
Mr. Turcotte has managed and executed numerous exploration drilling programs
involving diamond drilling, reverse circulation drilling, oriented core programs, geological
modelling, geochemical surveys, geophysical surveys, trenching programs and
GIS-based (geographic information system) exploration targeting. He has extensive experience with industry-standard
geological software, drill hole database management, QA/QC (quality assurance/quality control) protocols and the
preparation of technical disclosure documents.
"We are pleased to welcome Darrell to the Gold Port technical team; his extensive
exploration experience, technical expertise and direct knowledge of the Groete project
area make him exceptionally well positioned to support our upcoming drill program and
assist in advancing the project toward its next stage of development," stated Adrian F.C. Hobkirk, president and chief executive officer.
About Gold Port Corp.
Gold Port Resources 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 NI 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 gold equivalent gram per tonne, a gold price of
$1,275 (U.S.) per ounce and copper price of $3 (U.S.) per pound was 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 website.
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