Grande Portage Resources Ltd. (GPG:TSX.V; GPTRF:OTCQB; GPB:FSE) announced in a news release the first results from the summer 2020 drill program at its Herbert gold project in southeast Alaska.
"This drill program reaffirms the emerging and ever-enlarging mesothermal vein system discovered at the Herbert gold project," President Ian Klassen said in the release. "These results continue to expand the resource database and knowledge of this system."
The reported assays are for holes drilled from two pads. One is the northernmost pad, T, which tested the Main vein, Goat vein and Ridge vein. The other is U, which is to the southeast of T and which tested the eastern extensions of the Main vein.
"The Goat vein is an extraordinarily strong and consistent structure with numerous associated splays and satellite structures which are often well-mineralized and constitute future drill targets," the release noted. The highlight assay comes from Goat vein stepout hole 20T-3, which returned 2.71 meters of 52.34 grams per ton gold.
Additional assays are currently pending and are expected to become available over the next three months.
So far, the Vancouver-based minerals company drilled nearly 7,500 meters via holes in the North, Goat, Sleeping Giant, Ridge, Main, Floyd and Elusive veins, in Deep Trench and in multiple additional veins and structures in between. In all of the veins it tested, Grande Portage encountered mineralization.
Drilling at Herbert is ongoing with two rigs. The explorer aims to drill a total of 21 holes over 8,500 meters in this program.
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