- Grande Portage Resources (GPG) has completed its two rig drill program at the Herbert Gold project in Southeast Alaska
- The company completed 19 holes and approximately 8,150 metres of drill core which included both step out and in-fill holes
- Tests determine the potential for mine waste rock to generate acidic run-off and/or harmful concentrations of toxic metals
- Final sample results are expected throughout November, December and into 2022 due to continued delays at the assay labs
- Grand Portage Resources is down 3.85 per cent, trading at $0.50 at 1:14 pm ET
Grande Portage Resources (GPG) has completed its two rig drill program at the Herbert Gold project in Southeast Alaska.
The company completed 19 holes and approximately 8,150 metres of drill core which included both step out and in-fill holes.
Drilling effectively expanded the parameters of the established resource and improved the company’s knowledge base.
The company’s drilling continued to test a number of the deposit’s primary veins but also penetrated the eastern extension of the Sleeping Giant and Ridge veins as well as numerous subsidiary veins and structures found within the deposit.
Final sample results are expected throughout November, December and into 2022 due to continued delays at the assay labs.
Several samples were also collected and submitted to the laboratory to test for environmental effects after mining commenced.
Tests determine the potential for mine waste rock to generate acidic run-off and/or harmful concentrations of toxic metals.
“We are delighted to have conducted another drill season at the Herbert gold deposit. Our geological team has done another fabulous job identifying extensions to the vein system evidenced by the fact we continue to intercept gold bearing veins laterally and at depths not previously encountered. We look forward to receiving the results soon,” said Grande Portage President Ian Klassen.
Grand Portage Resources is down 3.85 per cent, trading at $0.50 at 1:14 pm ET.
