Grande Portage To Begin 7,300 Metre Drill Program Within Two Weeks

Grande Protage Resources (TSXV: GPG) this morning announced that it will be mobilizing for its planned Herbert Gold drill program within the next two weeks. The program is expected to test multiple targets at the southeastern Alaska project.

The company this morning revealed that it has signed a drill agreement with a contractor, under which the company is to drill 7,300 metres (24,000 feet) across a series of holes. The program is to test targets from up to nine platforms as it looks to expand its understanding of the mineralization on site.

Under the drill program, the company has indicated that it intends to test the eastern extensions of the Goat vein, while expanding coverage of the western, central, and eastern portions of the Deep Trench and Main veins. The company also intends to drill to deeper depths to expand coverage on the Main vein. Finally, Grande Portage will look to expand drill testing of the Sleeping Giant vein, where the company interested values of 50.84 g/t gold and 43.03 g/t gold over 1.3 metres and 1.5 metres respectively.

“We are very excited to start this season’s drill program, with NISS, a first class operator, especially on the heels of our recently announced NI resource calculation. Our geological team, led by Carl Hale is very optimistic about the continued opportunities to expand the Herbert resource, a high grade gold project with tremendous growth potential.”

Ian Klassen, CEO of Grande Portage

Grande Portage Resources last traded at $0.69 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

Agnico Q1 Earnings Results Overshadowed By A Sinking Gold Price

Why More People Are Starting to Feel Broke | Darrell Thomas – VRIC Media

Newmont Q1 Earnings: A Billion In Free Cash Flow… A Month!

Recommended

Altamira Gold Extends Maria Bonita Porphyry System Westward With 70.6 Metres At 0.51 g/t Hit

Antimony Resources Reports 13.9% Antimony in Latest Drill Core at Bald Hill

Related News

Barrick Gold Disputes Human Rights Allegations At North Mara

Barrick Gold Corp (TSX: ABX) said on Tuesday that it believes the law firm Leigh...

Tuesday, December 13, 2022, 09:25:14 AM

Freegold Announces $30 Million Placement, Sprott To Take 66% Of Financing

Freegold Ventures Limited (TSX: FVL) last night announced that it is conducting a $30 million...

Friday, July 10, 2020, 09:01:18 AM

$3000 Gold: Why Major Miners Are Racing Back to Japan | John Proust – Japan Gold

In this interview, John Proust, the Chairman and CEO of Japan Gold Corp. (TSXV: JG),...

Friday, February 14, 2025, 02:50:00 PM

Riverside Resources Begins Drilling Cuarentas Gold Project

Drilling has begun for Riverside Resources (TSXV: RRI) at the Cuarentas Gold Project located in...

Tuesday, October 27, 2020, 09:18:49 AM

Xander Resources Expands Claims At Blue Ribbon Property

Xander Resources (TSXV: XND) this morning announced that it has expanded its claims for the...

Wednesday, July 8, 2020, 10:59:24 AM