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Grande Portage Resources Drills 6.37 Meters of 24.39 gpt/Gold
Vancouver, British Columbia--(Newsfile Corp. - November 27, 2018) - Grande Portage Resources ...
About this update from Grande Portage Resources Ltd.
[{"type":"text","content":"Grande Portage Resources Drills 6.37 Meters of 24.39 gpt/GoldVancouver, British Columbia--(Newsfile Corp. - November 27, 2018) - Grande Portage Resources Ltd. (TSXV: GPG) (OTCQB: GPTRF) (FSE: GPB) (\"Grande Portage\" or the \"Company\") is pleased to announce assay results from Hole 18M-12.The majority of the Company's drilling in the 2018 season was focused on the Goat Vein structure from the M Pad. Diamond drill hole 18M-12 was drilled from the north side of the Goat Vein toward the southwest and intersected the main structure at an approximate depth of 230 meters. The main Goat Vein structure at this location is 9.9 meters wide and contains an interval of 6.37 meters (20.9 feet) (4.97 m true width) just above the footwall which returned a weighted average of 24.39 grams per ton gold (0.712 ounces per ton). Contained within this interval was a 0.8 meter sample showing 193 gpt (5.64 opt) gold. The vein consists of highly sheared and fractured and hydrothermally altered quartz diorite and disseminated arsenopyrite with local broken quartz and very fine grained galena, pyrite and sphalerite with visible gold grains. This intercept occurs approximately 100 meters east of the projected western boundary of the Goat structure which is a major lithologic and structural contact with a younger metasedimentary and volcanic rock unit. Ian Klassen, Grande Portage's CEO, commented \"This is a terrific development in the step out expansion of the Herbert gold deposit. The more this property is drilled, the more we learn and will potentially continue to add to the mineral resource. It's worth noting that the Company has never missed a drill intercept into this gold pervasive mesothermal vein system. We look forward to the results from the next eleven holes as we advance the Herbert Gold project.\"The Goat Vein structure is the northern-most of the major east-west striking, north dipping veins on the Herbert Gold property discovered to date. It has a length at the surface of approximately 850 meters (2700 feet) and dips north at about 75 degrees. The eastern two thirds of its length follows the bottom of the deep chasm through which Goat Creek flows. The vein crops out in one place about 500 meters from the west end in the creek bottom where a 1.02 meter channel sample taken this year of the quartz-arsenopyrite-galena-sphalerite vein returned ...