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.
Gold Rush 2020: The Excitement Has Begun
The images are burned in many of our imaginations. The Klondike. The California Gold Rush....