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

This Gold Story Starts With Cash Flow | Gordon Robb – ESGold

Silverco Cusi Mine PEA: Bigger Isn’t Always Better

Fixing Heart Disease Tied to Sudden Death in Young People | David Elsley – Cardiol Therapeutics

Recommended

BREAKING: Preliminary Magnitude 7.4 Earthquake Strikes Off Northern Japan, Tsunami Warning Issued

Total Metals Secures High Grade Critical Minerals Property In Northwestern Ontario

Related News

Great Panther Reduces Production Guidance At Tucano Following Excess Rainfall

Great Panther Mining Limited (TSX:GPR) this morning reduced guidance for its open pit operation in...

Tuesday, May 25, 2021, 08:26:33 AM

Single-Day Gold Price Drops Typical In The Most Bullish Market in History: Peter Schiff

Over the past week, gold prices have been rallying excessively, with Tuesday’s single-day drop the...

Sunday, August 16, 2020, 04:43:00 PM

Dynacor Reports Preliminary Financials For Q3 2021: US$61.9 Million In Revenue

Dynacor Gold Mines (TSX: DNG) reported this morning select items from its financial results for...

Wednesday, October 20, 2021, 10:47:00 AM

Marathon Gold Announces 638,700 Ounce Inferred Resource At Berry Deposit

Marathon Gold (TSX: MOZ) this morning released its maiden resource estimate for the Berry Deposit...

Wednesday, April 21, 2021, 09:14:47 AM

Osisko Development Sees CFO Resign After 3 Months

Osisko Development (TSXV: ODV) released a rather long corporate update this morning, with the firm...

Tuesday, January 19, 2021, 08:55:02 AM