Grande Portage Resources Completes 8,150 Metre Drill Program

Grande Portage Resources (TSXV: GPG) has successfully completed its drill program for the 2021 season at its flagship asset, the Herbert Gold project in southeastern Alaska. The program was initially pegged at 7,000 metres.

In total, the company saw a total of 19 drill holes conducted on the property, with the program expanding to a total of 8,150 metres in aggregate. Drilling is said to have included both step out as well as in-fill drill holes, with the goal of expanding the parameters of the resource on the property.

“We are delighted to have conducted another drill season at the Herbert gold deposit. Our geological team has done another fabulous job identifying extensions to the vein system evidenced by the fact we continue to intercept gold bearing veins laterally and at depths not previously encountered. We look forward to receiving the results soon,” said Ian Klassen, CEO on the news.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

Drilling under the program is said to have tested the primary veins on the property, as well as eastern extensions of both the Ridge and Sleeping Giant veins. Also tested were numerous subsidiary veins and structures.

Results from the program are expected to be released in November, December, and into 2022 as results are received by the company. Also expected is several samples collected during the program, which were tested for environmental effects after mining commences.

Grande Portage Resources last traded at $0.52 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. Always do additional research and consult a professional before purchasing a security.

Video Articles

Gold Could Fall Further. Here’s What I’m Buying | Rick Rule

Newmont Crushed Q3. So Why Did the Stock Fall?

Governments Bet on Critical Minerals While Investors Panic | John Passalacqua – First Phosphate

Recommended

First Majestic Hits 4.24 g/t Gold Over 48.8 Metres at Saval as Jerritt Canyon Restart Advances

First Majestic Lifts Q3 Revenue 38% to US$394.1 Million on Higher Silver Prices

Related News

Equinox Gold Sells Pilar Property For $38.0 Million, 9.9% Equity Stake In Private Issuer

Equinox Gold Corp. (TSX: EQX) announced this morning that it has sold its Pilar Gold...

Monday, April 19, 2021, 08:00:48 AM

Gold Drilling Scaled to 60,000 Meters: How Big Can This Get? | Roger Rosmus – Goliath Resources

In this interview, Roger Rosmus, CEO of Goliath Resources (TSXV: GOT), discusses the company's recent...
Tuesday, July 1, 2025, 03:48:00 PM

Why Did Newcrest Reject Newmont’s $16.9-Billion Acquisition Offer?

Australian miner Newcrest Mining (TSX: NCM) announced last night that it has rejected the acquisition...

Thursday, February 16, 2023, 11:05:00 AM

Falcon Gold Continues To Intersect Historic Mine Trend At Central Canada Project

Falcon Gold Corp (TSXV: FG) has completed two additional drill holes at its Central Canada...

Tuesday, June 23, 2020, 10:03:23 AM

Azimut Exploration Announces 2021 Exploration Programs

Azimut Exploration (TSXV: AZM) this morning announced two separate exploration programs within the James Bay...

Monday, June 28, 2021, 07:13:55 AM