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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

Expert Comments:

Grande Portage Resources, recipient of a $3 million investment by Eric Sprott, is in the midst of a 6,000-meter summer drill program at its Herbert Gold Project.
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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."

Grande Portage Resources reported its 2020 drill program has uncovered two new veins hosting visible gold at the Herbert Gold Project in southeast Alaska.
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headshot of Eric Coffin

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."

headshot of Brien Lundin

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."

headshot of Eric Coffin

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."

headshot of Brien Lundin

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."

More Expert Comments

Experts Following This Company

headshot of Eric Coffin
Eric Coffin, Owner – HRA Journal
headshot of Brien Lundin
Brien Lundin, Author Gold Newsletter (Jefferson Financial)
headshot of Bob Moriarty
Bob Moriarty, Author – 321 Energy, 321 Gold
headshot of Gwen  Preston
Gwen Preston, Founder Resource Maven

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
 
Fully financed for drill program
 
Two rigs drilling in Alaska
 
High grade gold deposit nearing 1m ounces
catalyst Calendar
Q4
2020
Drill program to be completed by end of October
Q4
2020
Drill assAys starting in August and running till December
Q1
2021
New resource calculation in Q1/2021