GPG:TSX.V; GPTRF:OTCQB; GPB:FSE

Grande Portage Resources Ltd.

Grande Portage Resources Ltd. is a publicly traded mineral exploration company focused on the Herbert Gold discovery situated approximately 25 km north of Juneau, Alaska. The Company holds a 100% interest in the Herbert property. The Herbert Gold property system is open to length and depth and is host to at least six main composite vein-fault structures that contain ribbon structure quartz-sulfide veins. The Company’s recent Mineral Resource estimate consists of: An indicated resource of 606,500 ounces of gold at an average grade of 10.03 g/t Au (1,880,500 tonnes); and an inferred resource of 251,700 ounces of gold at an average grade of 14.15 g/t Au (553,429 tonnes).

GPG:TSX.V GPTRF:OTCQB GPB:FSE

View Company News

Visit Company Website

Expert Comments:

Brien Lundin, Gold Newsletter (Jefferson Financial)

(7/1/21)

"Grande Portage Resources Ltd. closed on a CA$3.75M equity financing. . .it's a good sign that the Crescat Capital-led financing was subsequently upsized, not once but twice. . .that money will help fund the upcoming 24,000 ft diamond drill program that Grande Portage is about to embark on at its Herbert project."

Jay Taylor, Hotline

(6/18/21)

"Grande Portage Resources Ltd. plans to start its drill season during the next two weeks on its Herbert project in Alaska. This is certainly a project to keep your eyes on, and I'm happy to see Quinton Hennigh becoming involved in this story."

Jay Taylor, Hotline

(6/4/21)

"Grande Portage Resources Ltd. is increasing its private placement to $3.75M. I'm really pleased to see that Crescat Portfolio Management is the lead investor in this funding because it means that Dr. Quinton Hennigh will have his eyes on this project, which provides added comfort to yours truly and also added confidence that the company's Herbert gold project in Alaska has meaningful scale to host a multimillion-ounce, high-grade gold deposit."

Brien Lundin, Gold Newsletter (Jefferson Financial)

(5/27/21)

"Grande Portage Resources Ltd. got an extra push this month with the release of a resource update for the project that incorporated results from last year's drilling. The estimate pegged Herbert's Indicated resource at 1.2 Moz gold (3.64 Mt of 10.2 g/t), a 97% increase over the prior estimate; the Inferred resource grew as well (by 29%) to 325,900 oz (1.14 Mt of 8.9 g/t)."

Eric Coffin, HRA Journal

(5/24/21)

"Grande Portage Resources Ltd. announced a $2.5M placement on Thursday that was upsized to $3.25M on Friday. . .this placement and funds on hand will give the company more than $4M. There are $2M in warrants expiring in July that are well in the money; the combined $6M gives Grande Portage the funds to complete this year's permitted drill program at Herbert with plenty to spare."

Jay Taylor, Hotline

(5/21/21)

"Grande Portage Resources Corp. has arranged a nonbrokered $2.5M private placement of up to 5,208,333 units. . .the net proceeds of the offering will be used to advance exploration activities at the company's Herbert gold property, located in southeast Alaska, as well as for general working capital. . .if you believe as I do that these are still early days in the gold bull market then there should be plenty of move to the upside for Grande Portage shares."

Explorer Expands Boundaries and Depth of Mineralization at Alaska Gold Property

(3/29/21)

Grande Portage Resources reported that recently received assay results confirm the expansion of the mineralized zones to the east and at depth at its Herbert Gold Project in S.E. Alaska.

More Expert Comments

Jay Taylor, Hotline (5/14/21) "Grande Portage Resources Ltd. passed along updated resources numbers from its Herbert gold project. . .Indicated gold ounces increased by 97%, and Inferred gold ounces grew by 29%. . .the gold mineral resource estimate consists of an Indicated resource of 1,196,800 oz at an average grade of 10.23 g/t Au in 3.637 Mt and an Inferred resource of 325,900 oz at an average grade of 8.91 g/t Au in 1.138 Mt."

	Eric Coffin, HRA Journal (5/12/21) "Grande Portage Resources Ltd. dropped a new resource estimate for its Herbert gold project in Alaska, and it was one hell of an improvement. . .as drilling has progressed, holes have generally shown that grades and thicknesses extrapolated earlier are, in fact, there. It is also true that the veins at Herbert are very consistent."

	Brien Lundin, Gold Newsletter (Jefferson Financial) (4/29/21) "Grande Portage Resources Ltd. got approval last week for its 2021 drill program on Herbert; the southeast Alaska project will see at least 20,000 ft (6,000m) of drilling this year. To help fund the costs of this program, the company subsequently announced up to a 1.1M unit financing priced at CA$0.28."

	Jay Taylor, Hotline (3/26/21) "On March 25, 2021, the last of Grande Portage Resources Ltd.'s 2020 drill results from Herbert were finally made public, and they are quite good. The headline number was 3.11m grading 18.29 g/t gold. . .building on the existing +850 Koz counted in both NI 43-101 categories prior to this year, it seems likely that based on results this year, something north of 1 Moz may be a reasonable assumption at this point."

	Eric Coffin, HRA Journal (3/24/21) "GPG reported the final five holes from the 2020 drill program at Herbert today, most of which intercepted multiple named and unnamed veins. Highlights from today's reporting include 3.11m grading 18.29 g/t gold from the Goat vein in hole 20T-11, 1.48m grading 10.36 g/t gold from the Sleeping Giant vein and 1.28m grading 13.76 g/t gold in the Sleeping Giant footwall vein in hole 20T-12."

	Gwen Preston, The Maven Letter (12/23/20) "I think there's lots of high-grade gold yet to be found at Grande Portage Resources Ltd.'s Herbert. The latest news release, announcing the first intercept from the new Elusive vein, supports the company's thesis that there are multiple as yet undrilled veins at Herbert and that Grande Portage has a method to find them."

	Jay Taylor, Hotline (12/18/20) "It is certainly most encouraging that Grande Portage Resources Ltd.'s first ever drill hole into one of these structures discovered by LiDAR has returned gold values. Management talked about expanding drilling some 300m to the south of previous drill holes to test more of these newly discovered veins; and in the meantime, there are more drill assays to come from this year's drill program."

	Eric Coffin, HRA Journal (12/18/20) "Grande Portage Resources Ltd. reported it has started the permitting process for its 2021 drill program. . .the company is permitting 30 holes totaling roughly 8,500m, to be drilled from seven different pads, as well as mapping and trench sampling, particularly on and around some of the LiDAR lineaments that have not yet been investigated."

	Gwen Preston, The Maven Letter (12/15/20) "We got partial assays this week from the 8,375m program Grande Portage Resources Ltd. conducted this year on its Herbert project. . .the highlight hole from the program was provided by Deep Trench, the addition of which would almost surely add to the resource at Herbert. Hole H-3 cut 4.5m of 11.8 g/t at 99.9m depth."

	Eric Coffin, HRA Journal (12/14/20) "Grande Portage Resources Ltd. reported on two new holes from Herbert this morning. Hole 20T-11 reported a good high-grade intercept from the Goat vein. . .the second hole, 20H-C, reported the first ever intercept from the Elusive vein located 300m south of the Deep Trench vein."

Eric Coffin, HRA Journal (12/9/20) "Grande Portage Resources Ltd. reported seven more holes from Herbert this morning or, I should say, partial results. . .the Ridge structure provided a couple of the best intercepts in this release, from holes U-1 and U-4. Hole 20U-1 reported 1.48m grading 29.21 g/t gold while hole 20U-4 reported 1.4m grading 16.53 g/t gold."

	Jay Taylor, Hotline (11/27/20) "Just 30m into the hangingwall in 20T-6 at Grande Portage Resources Ltd.'s Herbert project, a satellite structure or splay of the Goat vein returned an impressive 1.62m assaying 15.27 g/t gold with visible gold in the core. . .additionally, only approximately 10m farther west and 40m below that intersection with the Goat vein in 20T-6, hole 20T-7 revealed a 7m Goat vein intercept, which contained a 3.74m zone assaying 10.527 g/t gold, within which has a 68 cm section containing 51.33 g/t gold with visible gold."

	Gwen Preston, The Maven Letter (11/25/20) "Grande Portage Resources Ltd. delivered a second batch of assays from Herbert. . .hole 7 cut 3.74m of 10.5 g/t gold in the Goat vein and 3.2m of 20.7 g/t in the Sleeping Giant vein. Hole 8 hit 2.6m of 18.7 g/t in the Main vein. . .these were good results."

	Eric Coffin, HRA Journal (11/24/20) "Grande Portage Resources Ltd. released the second set of results from this year's drill program at the Herbert project. . .all three holes intercepted either the Main or Goat vein or both. . .the best intercepts in this set included 3.74m grading 10.53 g/t gold from the Goat vein, 2.64m grading 18.67 g/t from Main and 3.22m grading 20.7 g/t from Sleeping Giant."

	Gwen Preston, The Maven Letter (11/11/20) "Grande Portage Resources Ltd.'s 8,500m program at Herbert is now in the books (with the majority of its core still at the lab awaiting assay). The program tested the three most advanced veins at Herbert, along with the North, Sleeping Giant, Ridge and Elusive veins."

	Brien Lundin, Gold Newsletter (Jefferson Financial) (10/30/20) "Grande Portage Resources Ltd. released an initial batch of results from its 8,500m program at Herbert. . .the highlight hole came from the Goat Vein. Hole 20T-3 was drilled from Pad T, the northernmost drill pad on Herbert, and hit mineralization 170m east of any previous drilling on Goat. . .that hole cut 2.71m of 52.3 g/t gold."

	Jay Taylor, Hotline (10/2/20) "Grande Portage Resources Ltd.'s summer program is scheduled to total 8,500m; with assay processing particularly slow this year owing in part to COVID-19, we should be treated to more data from holes drilled and yet to be drilled throughout October and into December. And I expect we will see more good grades from remaining assays, given the fact that management reports that 15 of 21 drill holes have revealed visible gold."

	Eric Coffin, HRA Journal (10/1/20) "Grande Portage Resources Ltd. reported the first drill results from its 2020 drill program. . .the best results from this set come from the Goat vein, which is shaping up to be the most important structure so far discovered at Herbert. . .good intercepts were also reported from the Main vein and from some subsidiary splays and structures."

	Gwen Preston, The Maven Letter (8/26/20) "Grande Portage Resources Ltd. reported visual gold in two holes that cut through an area between Herbert's Goat and Main veins. The visual gold, combined with veining encountered 120m east of previous drilling on the Goat vein's footwall and 150m south of the vein, indicates that discovery of new, vein-hosted mineralization is a real possibility with this program."

	Eric Coffin, HRA Journal (8/20/20) "Grande Portage Resources Ltd. reported on the ongoing 2020 drill program at its Herbert project. . .the new veins (there were two vein zones hit in each of two holes) are described as being '100m into the footwall of the Goat vein'. . .the company's geologists believe they may be the downdip expression of narrow veins mapped and sampled at surface."

	Brien Lundin, Gold Newsletter (Jefferson Financial) (7/30/20) "Grande Portage Resources Ltd. is taking advantage of the cash infusion and adding a second rig to its drill program at Herbert. The new rig should start turning soon and will focus on unexplored sections of the Deep Trench and Main veins."

	Eric Coffin, HRA Journal (7/4/20) "Eric Sprott is purchasing 10M $0.30 units, which will make him Grande Portage Resources Ltd.'s largest shareholder. . .the company has been trading well as the market anticipates results from its high-grade gold project in Alaska, but it should trade even better now. . .the financing announcement comes on the heels of the announced drill start at Herbert."

	Brien Lundin, Gold Newsletter (Jefferson Financial) (6/25/20) "Grande Portage Resources Ltd. should begin its drill program on its Herbert project in southeast Alaska shortly. . .given this project's existing high-grade resource, the odds are excellent that this program will generate some quality assays. For those looking to wager on a positive outcome here, now is the time to do so."

Brien Lundin, Gold Newsletter (Jefferson Financial) (6/1/20) "Grande Portage Resources Ltd. will kick off its drill program at Herbert in July. The delay is due to COVID, though the company remains committed to drilling between 12,000 and 15,000m on the project this year. . .Herbert's existing high-grade resource (606,500 Indicated ounces at 10 g/t and 251,700 Inferred ounces at 14.2 g/t) suggests more high-grade results will flow from this effort at resource expansion."

	Bob Moriarty, 321 Gold (2/17/20) "I don't have a feel as to how many ounces Grande Portage Resources Ltd. can add with 6,000m of drilling , but when these guys hit 2 Moz, the majors are going to start breathing hard. This will be a natural takeover target."

Experts Following This Company

	Eric Coffin, Owner – HRA Journal
	Brien Lundin, Author – Gold Newsletter (Jefferson Financial)
	Bob Moriarty, Author – 321 Gold
	Gwen Preston, Founder – Resource Maven
	Jay Taylor, Author – Gold, Energy & Tech Stocks

Company News

7/28/2021 – Grande Portage Resources Announces Exercise of Warrants - Adding $2.34 Million to the Treasury

7/21/2021 – Grande Portage Resources Adds Second Drill at the Herbert Gold Project in S.E. Alaska

6/16/2021 – Grande Portage Resources Announces Signing of Drill Agreement and Mobilization

6/15/2021 – Grande Portage Resources Ltd. Files Herbert Gold Project Technical Report on SEDAR

6/1/2021 – Grande Portage Resources Announces Second Increase in Equity Financing - Crescat Capital to Invest as Lead

5/21/2021 – Grande Portage Resources Upsizes Its Previously Announced Equity Financing to $3.25 Million

5/20/2021 – Grande Portage Resources Announces C$2.5M Equity Financing - Crescat Capital to Invest as Lead

5/12/2021 – Grande Portage Resources Announces Updated Resource Estimate for Its Herbert Gold Project- 97% Increase for the Indicated Gold Category and 29% Increase for the Inferred Gold Category

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.See disclaimer for more details.

Investing Highlights

	Growing high grade underground gold asset in the USA
	Solid infrastructure nearby
	Strong shareholder base---Eric Sprott, largest individual shareholder

catalyst Calendar

Q2 2021	Drill permits due by April
Q2 2021	New resource calculation…likely pushing resource well past 1 million oz (May)
Q4 2021	Continued 20,000 ft step out drill program(Jun-Nov)