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Grande Portage Announces Drill Hole Intercept 170 Metres Below Recently Announced Channel Samples---Assaying 6.29 Metres (20.6 feet) of 15.69 gpt/gold
Vancouver, British Columbia--(Newsfile Corp. - October 29, 2018) - Grande Portage Resources L...
About this update from Grande Portage Resources Ltd.
[{"type":"text","content":"Grande Portage Announces Drill Hole Intercept 170 Metres Below Recently Announced Channel Samples---Assaying 6.29 Metres (20.6 feet) of 15.69 gpt/goldVancouver, British Columbia--(Newsfile Corp. - October 29, 2018) - Grande Portage Resources Ltd. (TSXV: GPG) (OTCQB: GPTRF) (FSE: GPB) (\"Grande Portage\" or the \"Company\") is pleased to announce the results of another drill hole from its recently completed drill program on the Herbert Gold project located in southeast Alaska.This hole was drilled from the M Pad and was designed to expand the drill-tested strike length of the Goat vein to the east. The Goat vein is the northernmost of the three major drilled veins on the Herbert property. Strong quartz veining containing disseminated arsenopyrite, pyrite, galena and sphalerite and visible gold was observed in the core. DDH18M-6 was drilled to intersect the vein about 170 metres beneath and 25 metres east (upstream) of an outcrop of the vein in Goat Creek which returned an assay of 290 gpt gold (8.46 opt) and 224 gpt silver (6.53 opt) from a 1.02 metre (true width) channel sample. Assay results from this hole delivered 6.29 metres (20.6 feet) grading 15.69 gpt/gold. True width of this intercept is 5.22 metres (17.13 feet). Contained within this zone is a 1.046 metre (true width) section grading 64.19 gpt (1.874 opt) near the footwall contact of the structure. The Goat vein structure is a hydrothermally altered and mineralized left-lateral strike-slip shear zone which in this location occurs as a 7.5 metre wide zone in a coarse-grained quartz diorite at the contact with an underlying quartz-diorite porphyry unit.The Goat Vein is an exceptionally strong and pervasive structure with numerous associated splays and satellite structures which in themselves are often well-mineralized and are future drill targets. The high grade intercept seen in hole 18M-6 is more than 300 metres to the east away from its contact with the source of the mineralizing fluids for all of the numerous Herbert veins. Ian Klassen, President of Grande Portage stated: \"For quite a while we've been wanting to continue to drill test the Goat vein where our geological team has high expectations. The largest contributor to the last increase in our Mineral Resource came from the eastern portion of the Goat vein. We are delighted with this result showing further expans...