Grande Portage Contracts Second Drill For Herbert Gold Drill Program

Grande Portage Resources (TSXV: GPG) this morning announced that it is stepping up its drill program. The company this morning revealed that it has added a second drill to its ongoing operations.

Drilling is currently ongoing at Grande Portage’s flagship Herbert Gold project, located in southeastern Alaska. Currently, the firm is drilling the eastern extension of the Goat vein, with the Deep Trench and Main veins yet to be drilled. Additional regions of focus include the Sleeping Giant, Ridge, Floyd and Elusive veins.

The company has also indicated that two holes included in the current program are to be the deepest drilled at the Main vein to date, while drilling is to be focused on extending the vein to depth and to the east of last years program. This years program is referred to as a continuation of last years program, with the program to see a total of 8,000 metres drilled in aggregate over 25 holes.

“It is a very exciting time for Grande Portage and its shareholders as we accelerate the drill program at the Herbert Gold project. We are pleased with the deposit’s growth over the last few years and look forward to continued success during our 2021 season. Our shareholders can expect the first results from this year’s drill campaign in late summer and a steady flow of drill results throughout the remainder of 2021.”

Ian Klassen, CEO of Grande Portage

Grande Portage Resources last traded at $0.54 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. Always do additional research and consult a professional before purchasing a security.

Video Articles

Eldorado Gold: The $3.8 Billion Foran Mining Acquisition

Silver Tiger’s $2.35B Silver Blueprint: Two Mines, One Perfect Metals Market

Gold Is At Records. Barrick Mining Is Printing Cash. The Stock Still Fell. | Q4 Earnings

Recommended

Goliath Resources Sees 13% Grade Boost As Stifel Draws Parallels To Great Bear

First Majestic Q4 2025: Record Revenue, Earnings, Annual Silver Output

Related News

New Found Gold Releases Further Assays At Golden Joint Zone

New Found Gold (TSXV: NFG) this morning reported further drill results from its ongoing exploration...

Thursday, September 30, 2021, 08:31:15 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

As Gold Prices Soar to Historic Highs, What Will Become of the US Economy?

As the coronavirus pandemic continues to wreak havoc on many economies across the world, investors...

Tuesday, September 8, 2020, 06:25:00 PM

Nighthawk Gold Expands Financing To $23.5 Million

Nighthawk Gold Corp. (TSX: NHK) announced this morning that they have entered into a revised...

Wednesday, June 9, 2021, 08:36:18 AM

Gold Crosses $2,000 Per Ounce, Commodities Soar As Russia Continues To Cause Market Uncertainty

Futures have gone on a wild ride this evening, with a basket of commodities hitting...

Sunday, March 6, 2022, 09:41:33 PM