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Grande Portage Resources Receives 2022 Drill Permits for Its Herbert Gold Project in S.E. Alaska
Vancouver, British Columbia--(Newsfile Corp. - May 3, 2022) - Grande Portage Resources Ltd. (T...
About this update from Grande Portage Resources Ltd.
[{"type":"text","content":"Grande Portage Resources Receives 2022 Drill Permits for Its Herbert Gold Project in S.E. AlaskaVancouver, British Columbia--(Newsfile Corp. - May 3, 2022) - Grande Portage Resources Ltd. (TSXV: GPG) (OTCQB: GPTRF) (FSE: GPB) (\"Grande Portage\" or \"the Company\") is pleased to announce that it has received regulatory approval for its upcoming drill program at its 100% controlled Herbert Gold project located within the Juneau Gold Belt in southeast Alaska. All drill permits are now in place with drilling expected to commence next month.The Company's 2022 plan is to drill approximately 30,000 feet of diamond drill core on the Company's Herbert Gold project. All drill holes will be step out holes, extending existing vein structures where our high-grade Indicated Resource of 1,196,800 ounces of gold (10.23 g/t) and Inferred Resource of 325,900 ounces of gold (8.91g/t gold) has been established (see NR May 12, 2021). Note that the 8,150 m of drilling in 19 diamond drill holes from 2021 has not yet been incorporated into the mineral resource calculation.Mr. Ian Klassen, President and CEO reports, \"We are pleased to have received approvals from the regulatory agencies in Alaska. Our project is a short seven minute helicopter flight from the international airport and located just off the Alaska Coastal Highway. The logistics of operating in a historic mining area, working with the various regulatory offices and local suppliers within the city where the benefits are accruing in the local economy is part of the Company's Environmental Social Governance Plan.\"The upcoming drill program will test multiple targets from three platforms. The drill program is designed to test the main mineralized structures at depths beyond 500m, while at the same time, penetrating additional structures at shallower levels and along strike. The vein structures and mineralization show no signs of diminishing with depth, therefore the Company's geological team has recommended that further exploration drilling be extended to the deeper regions of the quartz veins. Besides drilling the deeper portions of the Goat, Main, and Deep Trench veins, one of the Company's planned drill sites will test the eastern extension of the Deep Trench, the Floyd and the Elusive Structure, which remains virtually unexplored to date.The main purpose of the 2022 drilling is:Demonstr...