NEW: No-Cost Streetwise Reports Live! Events. This type of intellectual capital is usually not made available to the general public. Learn More

Get the Latest Investment Ideas Delivered Straight to Your Inbox.

News Update

TICKERS: GPG; GPTRF; GPB

Mineral Explorer Gets Second Rig Drilling at Alaska Gold Project
News Update

Share on Stocktwits

Source:

Grande Portage Resources is exploring a set of four mineralized veins at the asset.

In a news release, Grande Portage Resources Ltd. (GPG:TSX.V; GPTRF:OTCQB; GPB:FSE) provided an update on exploration work in progress at its Herbert gold project in Southeast Alaska.

The Vancouver-based exploration company stated that it is testing a set of parallel veins at Herbert. The set encompasses Goat, Main, Deep Trench and North, all of which "have significant amounts of associated gold," the release noted.

A second rig is now on site and drilling the unexplored areas of the Deep Trench and Main veins.

Regarding the North vein, which is the northernmost of the cluster, the geology team noted at least two quartz vein outcrops during surface exploration. As such, Grande Portage will trench and channel sample the vein and, later in the season, drill test it with two holes. Those would take the total number of holes drilled there to four.

[NLINSERT]

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: None. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.




Learn More about Streetwise Reports Live

Want to read more about Gold investment ideas?
Get Our Streetwise Reports Newsletter Free and be the first to know!

A valid email address is required to subscribe