Sunday, March 22, 2026

Latest

Grande Portage Begins 2022 Summer Drill Program At Herbert Gold

After beginning mobilization last month, Grande Portage Resources (TSXV: GPG) has now officially begun the summer drill program at its flagship Herbert gold project in Alaska. The program is set to consist of an aggregate 10,000 metres of drilling.

Drilling at Herbert is to be conducted via three separate drill platforms established by the company. The main mineralized structures of the property are to be tested at depths in excess of 500 metres, as a follow-up to drilling performed last year. Structures are also expected to be intersected at shallower levels in the process.

Deep drilling is set to target the Goat, Main, and Deep Trench veins, with mineralization currently showing no signs of diminishing at depth. At the same time, one of the drill platforms established is focused on testing the eastern extensions of the Deep Trench, Floyd, and Elusive structures, which to date are largely unexplored.

“Every indication we have is that mineralization will extend to depth within the Herbert gold project. We are laser focused in our efforts to expand the Herbert’s high grade resource during the 2022 program,” said CEO Ian Klassen at the time of announcing mobilization.

The program is expected to consist at least thirteen drill holes, in addition to continued mapping and trench sampling being conducted.

Grande Portage Resources last traded at $0.20 on the TSX Venture.


FULL DISCLOSURE: Grande Portage Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Grande Portage Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. We may buy or sell securities in the company at any time. Always do additional research and consult a professional before purchasing a security.

Video Articles

Roscan Gold: Mali Discount Hits Kandiole PEA

NexGen Energy: The World’s Biggest Uranium Mine Is Finally Being Built

The $30,000 Gold Case Just Got Stronger | Simon Marcotte

Recommended

CBS News Cuts Staff and Shuts Radio Network in Early Bari Weiss Era

Steadright Closes Out Financing, Raising $1.6 Million For Moroccan Strategy

Related News

Centerra Gold Sees Kumtor Subsidiaries File Preemptive Bankruptcy After Kumtor Mine Seizure

Centerra Gold Inc. (TSX: CG) announced late Monday night that its wholly-owned subsidiaries Kumtor Gold...

Tuesday, June 1, 2021, 09:07:46 AM

Exploits Discovery Sees New Found Gold, Eric Sprott Expand Stake In Company

Exploits Discovery (CSE: NFLD) has seen further validation from major investors. The company this morning...

Wednesday, May 12, 2021, 09:01:34 AM

Physical Gold Demand Poses Eurozone Risks, ECB Report Finds

The push for physical gold delivery amid record prices could trigger financial instability across the...

Tuesday, May 20, 2025, 02:13:00 PM

Great Bear Hits 7.04 G/T Gold Over 54.55 Metres At LP Fault Zone

Great Bear Resources (TSXV: GBR) this morning released additional assay results from its ongoing $21...

Wednesday, October 7, 2020, 08:15:16 AM

Why Goldman Sachs Says Gold is the Best Investment Right Now

Goldman Sachs is advising investors to focus on gold as the best short-term investment opportunity,...

Sunday, September 8, 2024, 09:32:00 AM