In the world of mineral exploration, Grande Portage Resources Ltd (TSXV:GPG)(OTCQB:GPTRF)(FSE:GPB) stands out as a promising player. The company recently filed an updated technical report on the Herbert Gold Project, located near Juneau, Alaska, on SEDAR. The report, titled “Technical Report on the Herbert Gold Property,” was prepared by DRW Geological Consultants Ltd. and is compliant with the National Instrument 43-101 Standards of Disclosure for Mineral Projects.
The technical report covers various aspects of the project, including its history, geology, mineralization, drilling, sampling procedures, and laboratory quality assurance/quality control. It also provides recommendations for further work. Importantly, there are no significant differences between the mineral resource estimates in the technical report and those disclosed in the company’s previous news release dated June 12, 2024.
For those interested in delving deeper into the details, the complete technical report is available on both SEDAR and the company’s website. Additionally, Grande Portage Resources Ltd has announced the granting of incentive stock options to certain directors, officers, and consultants, allowing them to purchase up to 2,600,000 common shares at a price of $0.20 (CAD) per share for a period of five years.
Dr. D.R. Webb, Ph.D., P.Geol., P.Eng, serves as the Qualified Person (QP) within the meaning of NI 43-101 and has reviewed and approved the technical disclosure in this release. Notably, Dr. Webb maintains independence from Grande Portage in accordance with NI 43-101.
About Grande Portage:
Grande Portage Resources Ltd. is a publicly traded mineral exploration company with a focus on the Herbert Gold discovery, located approximately 25 km north of Juneau, Alaska. The company holds a 100% interest in the Herbert property, which boasts an open system with at least six main composite vein-fault structures containing ribbon structure quartz-sulfide veins. Situated within the prolific Juneau Gold Belt spanning 160 km, the project has a rich history of over seven million ounces of gold production.
Noteworthy among Grande Portage’s achievements is the updated NI#43-101 Mineral Resource estimate, which reports an Indicated Resource of 1,438,500 ounces of gold at an average grade of 9.47 g/t Au (4,726,000 tonnes) and an Inferred Resource of 515,700 ounces of gold at an average grade of 8.85 g/t Au (1,813,000 tonnes). The estimates also include an Indicated Resource of 891,600 ounces of silver and an Inferred Resource of 390,600 ounces of silver.
In summary, Grande Portage Resources Ltd continues to demonstrate its commitment to excellence in mineral exploration, making it a compelling choice for investors seeking opportunities in the resource sector.
For more information, visit the official Grande Portage website at https://grandeportage.com/.
Disclaimer: This article contains forward-looking statements, and readers are advised to exercise caution as actual results may differ from anticipated outcomes. Please refer to the company’s filings with Canadian securities regulators for comprehensive disclosure.