Grande Portage Outlines 10,000 Metre 2022 Drill Program

Grande Portage Resources (TSXV: GPG) is getting ready for the 2022 exploration season even as it awaits the results from its 2021 program. The firm this morning revealed its drill plan for the oncoming season at its flagship Herbert Gold project in Alaska.

The oncoming season will see the firm conduct a 10,000 metre diamond drill program, via two drill rigs. Currently, the firm intends to drill at least 13 holes under the program, with mapping and trench sampling also to take place.

The planned holes are to be drilled to depths of 750 metres and beyond, with the focus being the intercept of the main mineralized structures on the property, with shallower structures to be intersected along the way. Deep drilling is being undertaken as a result of shallow mineralization having successfully been tested under prior drill programs.

Drilling is expected to occur from up to three drill pads, where fan drilling will be conducted to eliminate drill relocations. Deep drilling is slated to occur on the Goat, Main and Deep Trench veins, while extension drilling to the east is planned for the Floyd, Elusive and Deep Trench veins. This extension drilling is being conducted to demonstrate that mineralization occurs at depths between two and three times deeper than the current resource estimate suggests, while also looking to test a poorly exposed section of the property.

Lastly, the firm expects to receive assay results from its 2021 program “imminently.”

Grande Portage Resources last traded at $0.53 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

Higher Gold Prices Are Changing What Counts as a Real Discovery | Mike Bennett – Altamira Gold

Why Silver Still Hasn’t Seen the Real Mania | Craig Hemke

Why Copper Needs a Much Higher Price to Fix the Supply Problem | Greg Ferron – PTX Metals

Recommended

Higher Gold Prices Are Changing What Counts as a Real Discovery | Mike Bennett – Altamira Gold

Questcorp Wraps Expanded Drone Survey at La Union as Summer Drilling Approaches

Related News

The Growing Demand For Physical Gold – The Daily Dive

Today on The Daily Dive, we welcome back Peter Grandich, CEO of Petergrandich.com. Today, we...

Wednesday, February 2, 2022, 01:30:00 PM

Mako Mining Mines 1,002 Ounces Of Gold In First Full Bench At San Albino

Mako Mining (TSXV: MKO) this morning announced that it has completed mining of its first...

Thursday, September 17, 2020, 09:03:31 AM

Global Industrial Recovery Set to Drive Demand Growth for Silver

Over the last several months, gold prices have been rallying to record highs amid the...

Thursday, August 6, 2020, 01:56:37 PM

Gold-Backed BRICS Currency Tests Dollar Dominance

The BRICS+ bloc is piloting a gold-anchored settlement instrument, referred to for now as the...

Wednesday, December 31, 2025, 02:16:00 PM

Garibaldi Resources Secures $12.0 Million Financing Facility

Garibaldi Resources (TSXV: GGI) this morning announced a financing facility, as well as preliminary results...

Friday, September 3, 2021, 08:32:40 AM