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

Can the World Actually Supply $6 Copper? | Greg Ferron – PTX Metals

1911 Gold: The Power Of A Mine Restart

Is Gold Repeating the 2005 Setup Before The Big Run? | Geordie Mark

Recommended

Nord Precious Metals Hits Multiple Intervals Of Mineralization In Latest Drill Hole At Castle East

Goliath Resources Sees 13% Grade Boost As Stifel Draws Parallels To Great Bear

Related News

CME Group Increases Gold Contract Margin Requirements 9.6%

The CME Group is looking to slow the rise in gold futures yet again. For...

Monday, April 13, 2020, 09:28:24 PM

Grande Portage: Encouraging Gold Assays From Alaska Project

Grande Portage Resources Ltd. (TSXV: GPG) is making good progress at its Herbert Gold Project...

Saturday, December 5, 2020, 01:29:00 PM

Mawson Resources Begins Exploration Work In Australia And Finland

Mawson Resources (TSX: MAW) is recommencing activities at its Finland and Australia projects. In the...

Thursday, June 25, 2020, 09:10:01 AM

US$2.8 Billion Worth of Loans Found To Be Backed by Chinese Counterfeit Gold

Not only is the Chinese province of Hubei now infamously known as where the deadly...

Tuesday, June 30, 2020, 11:48:24 AM

Garibaldi Resources Intersects 9.1 G/T Gold over 0.72 Metres At Eskay Property

Garibaldi Resources (TSXV: GGI) this morning reported assay results from four shallow drill holes conducted...

Friday, February 12, 2021, 08:14:18 AM