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.

Cambria Gold Mines — sponsored Sponsored · Cambria Gold 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

The Gold & Copper Stocks Everyone Keeps Asking About | Oct. 12-16 – Weekly Mining Mailbag

Similar Gold Mines Are Valued 10X Higher. Why Not This One? | JW Dumont – Granada Gold Mine

The US Interest Bill Gold Can’t Ignore | Peter Grandich

Recommended

Blue Jay Gold Signs Ocean Partners Deal to Ship Steller Stockpiles Through 2027

Krait Critical Minerals Signs Option for Historical Nevada King Antimony Mine

Related News

Silk Road Energy Acquires Gold Properties In Kirkland Lake Region Of Ontario

Silk Road Energy (TSXV: SLK) has closed on its previously announced purchase of multiple gold...

Thursday, June 9, 2022, 02:10:00 PM

K2 Gold Expands Stega Target At Mojave Project

K2 Gold Corporation (TSXV: KTO) today reported that the company has succeeded in expanding the...

Monday, June 14, 2021, 10:23:00 AM

Gold Mountain: The First Mining Permit in BC In Nearly A Decade – The Daily Dive

Joining us on the Daily Dive for the first time is Kevin Smith, CEO of...

Tuesday, November 2, 2021, 01:30:00 PM

Northern Star Rejects Gold Fields’ Shrinking Takeover Bid

Northern Star's board rejected Gold Fields' takeover bid as opportunistic and undervalued, arguing shareholders would...
Monday, September 28, 2026, 05:26:00 AM

Gold ETFs See Record Inflows, Pushing Bullion to 45-Year High

The gold market is experiencing a remarkable surge, with exchange-traded funds playing a pivotal role...

Thursday, October 3, 2024, 07:39:10 AM