Grande Portage Resources Ltd. ; is pleased to release partial drill results from its summer/fall 2021 drill program at its 100% controlled Herbert gold project in SE Alaska. The exploration program was completed in late October 2021. Drill holes released today are from infill and expansion drilling at the Herbert project. The results of the 2021 program will be added to the Company's NI#43-101 mineral resource estimate [...]
Grande Portage Resources Ltd. announced today that it has filed its 2022 Plan of Operation for mineral exploration at its Herbert Gold project near Juneau, Alaska. Subject to regulatory approval, the proposed work schedule for 2022 consists of up to 10,000 meters diamond drilling with additional detailed mapping and trench sampling to expand previous exploration. The program will consist of up to two diamond drill rigs [...]
Grande Portage Resources Ltd. announced today that Mr. Eric Sprott has exercised all of his outstanding Grande Portage common share purchase warrants for total proceeds to the Company of $2,250,000. Ian Klassen, Grande Portage's CEO, commented: "We are delighted that Mr. Sprott has fully exercised his warrant allocation in Grande Portage. He was, and remains, the Company's largest individual shareholder and we are very [...]
Grande Portage Resources Ltd. announced today that it has completed its two rig drill program at the Herbert Gold project in SE Alaska. The Company completed 19 holes and approximately 8150 metres of drill core which included both step out and in-fill holes, effectively expanding the parameters of the established resource and improving the company's knowledge base. The Company's drilling continued to test a number of the [...]
Grande Portage Resources Ltd. is pleased to announce that initial results from surface samples and diamond drilling on its Herbert gold property located S.E Alaska have been returned. Almost 4000 metres of drilling has been accomplished to date. An outcrop of the Hanging Wall strand of the Goat Vein discovered on the edge of the Herbert River was channel sampled with excellent results. The sample consisted of 1.48 feet of [...]
Grande Portage Resources Ltd. is pleased to announce that a 2ND drill rig is on site and turning at the Herbert gold property located S.E Alaska. This rig, operated by NISS, is currently set up on Pad Q which will test unexplored areas of the Main, Goat and Sleeping Giant veins. The first rig is drilling from Pad P and is testing the eastern extension of the Goat vein and will soon move to Pad X where drilling will [...]
Grande Portage Resources Ltd. is pleased to announce that its shareholders have exercised approximately 99% of the outstanding warrants expiring on July 30, July 31 and August 6, 2021 with net proceeds of $2,334,520 being added to the Company's treasury. The board, management and advisors to the Company exercised a total of 5,060,030 warrants. The use of proceeds will be employed to continue the Company's expansion drill [...]
Grande Portage Resources Ltd. is pleased to announce that on July 4th it commenced drilling using 1 rig at its Herbert Gold project in S.E. Alaska. The Company is also pleased to announce that it has added another drill rig to accelerate its current drill program. This rig is due to arrive and be operational within two weeks. Drilling is currently underway on the eastern extension of the Goat vein. The 2021 drill program [...]
Grande Portage Resources Ltd. is pleased to announce that it is taking the necessary steps to prepare for its upcoming drill season at the Herbert Gold project in SE Alaska. As previously announced, the Company has received all permits and all other regulatory approvals to proceed this season. NASCO Industrial Services and Supply has been engaged to drill up to 24,000 feet of diamond drill core on the Company's Herbert [...]
Grande Portage Resources Ltd. is pleased to announce that it has filed an updated technical report on the Herbert Gold Project located near Juneau, Alaska on SEDAR. The Report was prepared by DRW Geological Consultants Ltd. under National Instrument 43-101. The technical report also includes a description of the project history, geology, mineralization, drilling, sampling procedures, and laboratory Quality [...]
Grande Portage Resources Ltd. is pleased to announce that its non-brokered private placement, originally announced on May 20th, 2021, has closed with the issuance of 7,813,073 units at a price of $0.48 per unit for gross proceeds of $3,750,275, with all securities issued having a four-month hold period which expires on October 11, 2021. As previously announced, each unit in this offering consists of one common share in [...]
Grande Portage Resources Ltd. wishes to announce that, subject to the acceptance of the TSX Venture Exchange , its previously announced non-brokered private placement on May 20 and 21, 2021 has increased from 6,770,834 Units to 7,812,500 Units, for an additional increase in the gross proceeds from $3,250,000 to $3,750,000 . The Offering will be priced at $0.48 per Unit, and each Unit will consist of one common share in [...]