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.
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.
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