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Grande Portage Resources Announces 1.9 Meters (6.23 ft) Grading 10.50 gpt/Gold
Vancouver, British Columbia--(Newsfile Corp. - November 22, 2017) - Grande Portage Resources L...
About this update from Grande Portage Resources Ltd.
[{"type":"text","content":"Grande Portage Resources Announces 1.9 Meters (6.23 ft) Grading 10.50 gpt/GoldVancouver, British Columbia--(Newsfile Corp. - November 22, 2017) - Grande Portage Resources Ltd. (TSXV: GPG) (\"Grande Portage\" or \"the Company\") announces further assay results from its 2017 drill program. This part of the program consisted of 4 holes from two platforms, U and Y pads, for a total length of 1757 meters. Additional geological mapping and sampling was conducted to the east and north of the vein system. Drill hole 17Y-2 intersected the Deep Trench Vein over 500 meters below the surface exposure of the vein, which is 250 meters deeper than any prior drilling and hit 0.95 m showing 12.35ppm Au. The Main Vein system was also intersected about 120 meters deeper than any earlier testing. Drilling to date has discovered no depth limitations to the mineralized structures of the Deep Trench, Main, or the Goat Veins. The drilling results further validate the continuity of the Main Vein System and Deep Trench Vein structures. Both of these drill pads were situated south of the Goat Vein structure but north of the Main Vein system and the Deep Trench vein, with the four drill holes aimed to the south to intersect those veins at greater depths than any previous drilling. The primary veins were intersected in the predicted locations, but perhaps more importantly the drilling intersected numerous subsidiary veins and splits off the main structures which locally showed very strong values. The significance of these intersections of well-mineralized satellite structures is that with further delineation drilling focused on these structures, many more minable ounces of gold could be developed. The Goat Vein also has similar associated satellite structures with strong Au values (30ppm Au in 17K-1, 57.61-57.91m).To date, drilling has shown that the chief vein structures, mainly the Deep Trench, Main, and Goat are in general very predictable and will almost always have values above 2 gpt Au (our lower minable resource cutoff grade) but will locally develop extremely high grade regions of significant size. A summary of mineralized intervals of the drilling on the Main and Deep Trench Veins is shown in the table below. WeightedHoleFromToIntrvl.AverageName(m)(m)(m)Au,gptDescription17U-1169.16172.323.162.85Main Vein17U-1438.73439.620.892.23Deep Trench Vein17U-...