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

Why $50 Silver, $4000 Gold Might Be Closer Than Anyone Thinks | Bradley Langille – GoGold Resources

Why Silver’s True Price Could Be Much Higher | Joaquín Marias – Argenta Silver

Gold Enters A ‘Stronger For Longer’ Phase | Richard Young – i-80 Gold

Recommended

Emerita Resources Intersects Further Mineralization At El Cura, Expanding Deposit

ESGold Sees ANT Survey Reveal Vertically Continuous System To 1,200 Metres Depth

Related News

Warren Buffet Buys 20.9 Million Shares of Barrick Gold, Sells Remainder of Stake in Goldman Sachs

It appears that Barrick Gold (TSX: ABX) (NYSE: GOLD) has a lot of reason to...

Friday, August 14, 2020, 07:11:47 PM

Great Bear Intersects 3.32 G/T Gold Over 43.80 Metres At LP Fault

Great Bear Resources (TSXV: GBR) this morning reported further results from the ongoing exploration of...

Wednesday, May 19, 2021, 07:52:00 AM

Starr Peak Adds Drill Rig To Current Program At NewMetal

Starr Peak Exploration (TSXV: STE) is stepping up its current drill program. The company this...

Wednesday, March 10, 2021, 10:06:59 AM

Canaccord Reduces Centerra Gold’s Price Target To $21 Following Sale of Hardrock Project

On December 15th, Centerra Gold Inc (TSX: CG) agreed to sell its 50% stake in...

Wednesday, December 16, 2020, 11:59:00 AM

Single-Day Gold Price Drops Typical In The Most Bullish Market in History: Peter Schiff

Over the past week, gold prices have been rallying excessively, with Tuesday’s single-day drop the...

Sunday, August 16, 2020, 04:43:00 PM