Grande Portage Resources (TSXV: GPG) this morning released further assay results from its Herbert Gold Property in Southeast Alaska. Highlights from the latest assays include 1.48 metres of 29.21 g/t gold within the Ridge structure, along with 4.50 metres of 11.78 g/t gold from within the Deep Trench vein.
Results released this morning are from the recently completed 2020 drill program that was a total of 8,375 metres in length, which was conducted via two drill rigs. The program as a whole saw drilling conducted across the North, Goat, Sleeping Giant, Ridge, Main, Deep Trench, Floyd and Elusive veins on the property. Results released this morning meanwhile were from drill pads U and H, which drilled into the Ridge, Main, Floyd, Elusive and Deep Trench veins.
Drill Pad U and H is said to have largely been focused on that of the Deep Trench vein, while also intersecting that of the Main Vein and Ridge Vein at depth. Drilling was conducted beyond eastern limits of previous drilling conducted on these veins, with the best result being the highlight 11.78 g/t gold over 4.50 metres from drill pad H.
|Hole||From (m)||To (m)||Intrvl. (m)||Gold (g/t)||Location|
|20U-2||34.74||36.80||2.06||3.989||H. W. to Ridge|
“These holes continue to add confidence that this system is pervasive and will continue to grow. All veins drilled have encountered mineralized material. Mesothermal veins are usually less than two meters wide and often occur in parallel sets just as they are presented at the Herbert deposit.”Ian Klassen, President of the Company
Further results are slated to be released yet throughout December and into January, with the delay being a result of the implications of COVID-19.
Grande Portage Resources last traded at $0.40 on the TSX Venture.
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