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.

Altamira Gold Corp. — sponsored Sponsored · Altamira Gold Corp.

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

8 Mining Stocks Our Viewers Asked Us to Review | Sept 14th-18th

Canada Is Finally Fast-Tracking New Mines | John Passalacqua – First Phosphate

Gold & Silver Just Added $2 Billion to This Project | Aya Gold – Bourmadine PEA

Recommended

Silver47 Hits 80% Silver, 77% Gold Recovery From Belmont Tailings In Metallurgical Testing

Altamira Gold Lifts Maria Bonita Resource 82% to 1.3 Million Ounces

Related News

Prime Meridian Provides Overview Of Red Lake Properties, Pushes Towards Finalizing Work Program

Prime Meridian Resources (TSXV: PMR) this morning provided an overview of the firms projects within...

Wednesday, September 15, 2021, 09:29:00 AM

Is Bitcoin A Fraud? – The Daily Dive feat Jeff Wareham

Today on the Daily Dive, we’re joined by Jeff Wareham, whom is a director at...

Tuesday, December 15, 2020, 01:00:00 PM

Yamana Gold Reports US$437.4 Million In Revenue, US$94.1 Million Net Loss In Q2 2021

Yamana Gold Inc. (TSX: YRI) announced today the company’s financial results for Q2 2021, highlighting...

Friday, July 30, 2021, 10:13:00 AM

London Metal Exchange To Cease Trading In Gold, Silver

The London Metal Exchange is exiting the precious metals business. The exchange today indicated that...

Friday, April 22, 2022, 02:30:00 PM

Great Bear Discovers New Zone At Dixie Property

Great bear Resources (TSXV: GBR) has evidently found another gold zone at its flagship Dixie...

Wednesday, November 24, 2021, 08:42:20 AM