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Grande Portage Resources Publishes McKinley Research Group's Socioeconomic Impact Study for the New Amalga Gold Project
Estimated 565 jobs created in Alaska including 475 in the Juneau area VANCOUVER, BC / ACCESS Newswire / May 5, 2026 / Grande Portage Resources Ltd.
About this update from Grande Portage Resources Ltd.
[{"type":"text","content":" Estimated 565 jobs created in Alaska including 475 in the Juneau area VANCOUVER, BC / ACCESS Newswire / May 5, 2026 / Grande Portage Resources Ltd. (TSXV:GPG)(OTCQB:GPTRF)(FSE:GPB) (\"Grande Portage\" or the \"Company\") is pleased to announce that it has published a Socioeconomic Impact Study conducted by McKinley Research Group LLC, a premier Alaska-based research and consulting firm with over 50 years of experience providing objective, data-driven analysis in economic, social, and community development fields for public and private sector clients in Alaska and the Pacific Northwest. The firm has conducted similar analyses for numerous other mines and mining projects throughout the state. The Socioeconomic Impact Study was based on the Company's recent Preliminary Economic Assessment for the project, which has an effective date of February 11, 2026. Key findings include the following estimates: Operational PhaseDirect employment of 277 positions, of which an estimated 195 positions would be filled by Alaska residents including 110 by Juneau residentsTotal employment created (including indirect and induced) of 565 positions in Alaska including 475 in the Juneau area. This includes employment created with vendors, suppliers, and subcontractors, as well as jobs created as a result of spending of employee earnings.Direct labor income estimated at US$48.8M annually, of which US$34.1M would go to Alaska residents including US$19.5M to Juneau residentsTotal labor income of $77.1M annually within the State of Alaska, including indirect and induced labor income.Construction PhaseDirect employment averaging 220 positionsDirect labor income of US$66.3 million estimated over the 2.5-year construction periodTotal employment created (including indirect and induced) of 370 positionsTotal labor income (including indirect and induced) estimated at US$93.1 million over the construction periodPotential Socioeconomic ImpactsApproximately $129M paid in state and local taxes during the mine life (at the base case $3,200/oz gold price)Resident population of 450 individuals supported in Alaska (including 250 in the Juneau area)School enrollment of 110 children in Alaska (including 50 in the Juneau area)The study report will be available on the Company website at www.grandeportage.com Ian Klassen, President and CEO comments: \"This initial Socioecono...