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

Mergers Set the Stage for Uranium’s Growth Cycle | Forum-Baselode Merger

The Goal is Gold Production as Soon as Possible! | Gordon Robb – ESGOLD Corp.

Snowline Gold: The Multi Billion Dollar Valley PEA

Recommended

First Majestic Produces 7.9 Silver Equivalent Ounces In Q2, Lifts Production Guidance

Antimony Resources Drills 4.17% Antimony Over 7.4 Metres At Bald Hill

Related News

Probe Metals Announces New Gold Discoveries At Val-d’Or East Property

Probe Metals (TSXV: PRB) this morning announced that it has made new gold discoveries at...

Tuesday, June 16, 2020, 09:21:02 AM

Gold Surges to Record $3,400 Amid Global Economic Uncertainty

Gold prices continued their historic rally on Monday, reaching a new all-time high of $3,424.66...

Monday, April 21, 2025, 09:26:00 AM

Burkina Faso Is Cracking Down On Gold Exports

Burkina Faso’s military leadership has announced an immediate halt on the issuance of export permits...

Friday, February 23, 2024, 10:38:00 AM

BMO Expects Equinox to be in Breach of its Leverage Ratio at Year-End, still gives Outperform Rating

On December 6th, Equinox Gold (TSX: EQX) announced that it sold an aggregate of 11...

Saturday, December 10, 2022, 06:16:00 PM

Newlox Gold Sees Gold Recoveries As High As 98.77% From Gold Leaching Tech

Newlox Gold Ventures (CSE: LUX) this morning provided the market with an update on ongoing...

Thursday, April 22, 2021, 08:59:33 AM