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

Soma Gold: Q3 Earnings Impacted By Labour Strike

Thesis Gold: The Multi-Billion Dollar Lawyers-Ranch PFS

Why Canada Has So Few Projects That Can Be Built Before 2030 | Dan Wilton – First Mining

Recommended

First Majestic Sells Past Producing Del Toro Silver Mine For Up To US$60 Million

TomaGold Drills 6.68% Zinc Equivalent Over 48.05 Metres At Berrigan Mine Project

Related News

Superior Gold Produces 19,379 Gold Ounces In Q3 2021

Superior Gold Inc. (TSXV: SGI) released today its production results for Q3 2021, highlighting gold...

Tuesday, October 12, 2021, 09:55:00 AM

Fosterville South Indicates Strong Gold Assays In Rock Chip Samples, Provides Little Detail

Fosterville South Exploration Ltd. (TSXV: FSX) today reported the discovery of multiple high-grade gold assays...

Friday, July 2, 2021, 10:24:00 AM

Gold Rush: From Eritrea to Saudi Arabia with Matthew Grainger of Alpha Exploration

At the Rule Symposium of Natural Resource Investing in Boca Raton, Florida, Matthew Grainger from...

Saturday, July 27, 2024, 11:29:00 AM

India Scraps Gold Deposit Program After Underwhelming Results

India has terminated a decade-old program that allowed citizens to deposit gold with banks in...

Tuesday, April 8, 2025, 02:10:00 PM

Monterey Minerals, Drill Ready and Elephant Hunting

With spot gold now trading over USD $1700 an ounce, it definitely seems a good...

Sunday, May 10, 2020, 12:20:13 PM