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.

Cambria Gold Mines — sponsored Sponsored · Cambria Gold Mines

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

This Copper Mine Costs 1/6 to Restart | SSR Mining X Roxmore

Why Cambria Hit Pause on Its Massive Copper-Gold Spinout

Can Gold Rescue Washington From Its Debt Trap? | Andy Schectman – Miles Franklin

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

Exploits Discovery Sees New Found Gold, Eric Sprott Expand Stake In Company

Exploits Discovery (CSE: NFLD) has seen further validation from major investors. The company this morning...

Wednesday, May 12, 2021, 09:01:34 AM

SKRR Exploration: Revitalizing Gold Exploration in Saskatchewan

A combination of declining worldwide gold reserves, geopolitical and economic instability, and rising gold prices...

Thursday, June 11, 2020, 10:00:00 AM

Caldas Gold Completes Transition To Aris Gold

Caldas Gold (TSXV: CGC) has completed its previously announced transition to that of Aris Gold....

Thursday, February 4, 2021, 08:37:50 AM

Newlox Gold Advances Second Gold Processing Plant, Opening Slated For Q2 2021

Newlox Gold Ventures Corp (CSE: LUX) this morning announced the advancement of the firms second...

Monday, December 21, 2020, 09:51:03 AM

Superior Gold Sees Production Improve To 17,603 Ounces In Q1 2021

Superior Gold (TSXV: SGI) this morning released production results for the first quarter of 2021,...

Monday, April 12, 2021, 07:43:58 AM