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

Why Silver Needs to Slow Down to Go Higher | Dan Dickson – Endeavour Silver

Silver Dips Are Getting Bought, This Is How Breakouts Start | John Feneck

Why $100 Silver Right Now Would Be a Problem | Keith Neumeyer – First Majestic

Recommended

NexGen Launches 42,000 Metre Drill Program At PCE While Expanding Mineralized Footprint

First Majestic Hits 2025 Guidance, Producing 31.1 Million Silver Equivalent Ounces, Increases Dividend

Related News

Kirkland Lake Gold Declares US$662.7 Million In Revenue For Q2 2021

Kirkland Lake Gold Ltd. (TSX: KL) reported today its financial and operational results for Q2...

Thursday, July 29, 2021, 09:22:00 AM

B2Gold Records Q2 2021 Gold Revenue Of US$363.0 Million

B2Gold Corp. (TSX: BTO) announced Wednesday its quarterly financial performance for Q2 2021, highlighting gold...

Thursday, August 5, 2021, 10:44:00 AM

Institutions Are Lining Up For The Crypto Space – The Daily Dive feat Russell Starr

Today on the Daily Dive we see the return of Russell Starr, CEO of Trillium...

Tuesday, April 27, 2021, 01:30:00 PM

SKRR Exploration Completes Phase One Exploration At Olson Project, Drilling To Commence Later This Month

SKRR Exploration (TSXV: SKRR) this morning released results from its ohase one geological and geophysical...

Thursday, September 10, 2020, 08:23:21 AM

Max Resource Executes Option On RT Gold Property With Historic Values Of 13.0 G/T Gold Over 36.1 Metres

Max Resources (TSXV: MXR) is getting into the gold game. The company announced early this...

Tuesday, September 29, 2020, 09:42:33 AM