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.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper 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

Why Investors Are Returning To Mining Stocks | Rob McLeod – Cambria Gold Mines

How This Gold Stock Delivered a 32X Return | Martino De Ciccio – Montage Gold

America Can’t Stop Printing Money, What Happens to Gold? | Rod Husband – Epic Gold

Recommended

First Majestic Produces 3.4 Million Ounces of Silver in Q3 2026, Jerritt Canyon Restart Remains on Track

Altamira Gold Drills 134 Metres of 0.5 g/t Gold at Maria Bonita, Hole Ends in Mineralization

Related News

Effects of Coronavirus Felt By Canadian, US Markets

The price of gold is trending higher today while the S&P 500 index is down...

Friday, January 24, 2020, 03:35:51 PM

Gold Overtakes US Treasuries in Central Bank Reserves for the First Time Since 1996

For the first time in nearly three decades, the world’s central banks collectively hold more...

Friday, April 10, 2026, 11:07:50 AM

K2 Gold Samples 23.4 g/t Gold, Discovers New Gold Zones At Mojave

K2 Gold Corporation (TSXV: KTO) announced this morning the preliminary results from its 2021 exploration...

Thursday, May 13, 2021, 08:34:02 AM

Sweden’s Gold Rush: First Nordic’s 100,000 Hectare Opportunity with Adam Cegielski

In this interview at the Precious Metals Summit 2024, Adam Cegielski, Chief Development Officer of...

Saturday, September 14, 2024, 09:57:00 AM

Rahul Paul: A Constructive Shift In Gold Sentiment

For our final episode of The Daily Dive this week, we sit down with Rahul...

Friday, April 16, 2021, 01:30:00 PM