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News Update

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Mineral Explorer Announces Completion of Drill Program at Alaska Gold Property
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Grande Portage Resources reported it has completed its 2020 drill program at the Herbert Gold Project located 25 km north of Juneau, Alaska.

In a news release, Vancouver-based mineral exploration company Grande Portage Resources Ltd. (GPG:TSX.V; GPTRF:OTCQB; GPB:FSE) announced that "it has completed its previously announced two rig drill program at the Herbert Gold project in S.E. Alaska." The firm reported that it drilled a total of 8,500 meters and completed 21 holes during its 2020 stepout drill program.

Grande Portage Resources stated that drilling operations were focused on testing the Herbert Gold project's three primary veins. The company noted that drilling also extended beyond the limits of the existing resource program and also penetrated the Elusive, Ridge and Sleeping Giant veins and the North vein's eastern extension, as well as several other subsidiary veins and structures.

The firm advised that it expects to start receiving final sample results this month and through December and into 2021. The company noted that it is experiencing unprecedented delays at the assay labs processing the samples due to enhanced Covid-19 protocols at the testing facilities. The firm said it would report the assay results in future disclosures when the testing is completed and the results are learned.

The company's President Ian Klassen commented, "We are delighted to have conducted a thorough test with two rigs this season. Our team has known that the Herbert gold discovery has significant expansion potential and this is evidenced by the fact we continue to intercept gold bearing veins laterally and at depths not encountered before. We are anxious to receive the balance of the season's assays in due course."

The company noted that its wholly owned Herbert Gold property is located about 25 km north of Juneau, Alaska, and that its recent mineral resource estimate projects an Indicated resource of 606.5 Koz gold and an Inferred resource of 251.7 Koz gold.

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Disclosure:
1) Stephen Hytha compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. He or members of his household own securities of the following companies mentioned in the article: None. He or members of his 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: Grande Portage Resources. Click here for important disclosures about sponsor fees.
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