Grande Portage Resources Ltd. wishes to clarify that, further to its news release dated February 6, 2020, it has now issued 4,297,122 Units, as opposed to 4,290,537 as previously announced, at a price of $0.12 per Unit for gross proceeds of $515,655 with all securities issued having a four-month hold period which expires on June 6, 2020. As such, the Company paid an aggregate of $14,920 in cash and issued 128,419 Finders [...]
Grande Portage Resources Ltd. is pleased to announce that its non-brokered private placement announced on January 30, 2020 has now closed with the issuance of 4,290,537 Units at a price of $0.12 for gross proceeds of $514,864 with all securities issued having a four-month hold period which expires on June 6, 2020. As previously announced, each Unit in this offering consists of one common share in the capital of the [...]
Grande Portage Resources Ltd. is pleased to announce that it has arranged, subject to approval from the TSX Venture Exchange, a non-brokered private placement of up to 4,166,666 units for gross proceeds of up to $500,000. The private placement offering will be at $0.12 per unit, and will consist of one common share in the capital of the Company and one half share purchase warrant. Each whole warrant will be exercisable at [...]
Grande Portage Resources Ltd. is pleased to announce that its non-brokered private placement of up to 9,090,910 Units announced on January 16, 2020 has now closed with the issuance of 9,092,000 Units at a price of $0.11 for gross proceeds of $1,000,120 with all securities issued having a four-month hold period which expires on May 30, 2020. As previously announced, each Unit in this offering consists of one common share [...]
Grande Portage Resources Ltd. is pleased to announce that it has arranged, subject to approval from the TSX Venture Exchange, a non-brokered private placement of up to 9,090,909 units for gross proceeds of up to $1,000,000. The private placement offering will be at $0.11 per unit, and will consist of one common share in the capital of the Company and one half share purchase warrant. Each whole warrant will be exercisable [...]
Grande Portage Resources Ltd. is pleased to announce the results of metallurgical testing recently conducted on samples collected in August, 2019 from the Herbert Gold Project located in southeast Alaska. Highlights include: The combined gravity+flotation gold recoveries on samples #54543 and #54546 were 98.2% and 96.9%, respectively. The grade of sample #54543 averaged 5.04 gpt/gold and 5.0 gpt/silver and sample #54546 [...]
Grande Portage Resources Ltd. is pleased to announce the results of is 2019 surface exploration follow-up of promising structures identified from its 2018 LiDAR survey at the Herbert Gold Project near Juneau, Alaska. The highest priority structures investigated were East-West topographic features, which are nearly parallel to the well-mineralized known veins on the Herbert Property, specifically the Main, Goat and Deep [...]
Grande Portage Resources Ltd. is pleased to announce the first results from its field program at the Herbert Gold Project near Juneau, Alaska. The program consisted of trenching and channel sampling on the Main Vein, it's North Strand and on the Deep Trench Vein. Two of the channel samples were submitted to the laboratory for metallurgical testing. In addition to sampling known veins, comprehensive geologic mapping [...]
Grande Portage Resources Ltd. is pleased to announce that it has commenced its summer field program at its 100% controlled Herbert Gold project located north of Juneau, Alaska. The program will include trenching and channel sampling on numerous locations on the Deep Trench Vein and other locations on the Main Vein. Trenching on the Deep Trench Vein will be conducted near the central portion of the vein and near the [...]
Grande Portage Resources Ltd. is pleased to announce that it has filed with SEDAR an updated technical report, on the Herbert Gold Project located near Juneau, Alaska. 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 [...]
135% Increase for Indicated Gold Category and 206% Increase for Inferred Gold Category Grande Portage Resources Ltd. is pleased to report a new NI 43-101 Independent Mineral Resource Estimate for its 100% controlled Herbert Gold Project located in S.E. Alaska. The Mineral Resource estimate is quoted at a base case mineral resources cut-off grade of 2.50 grams per tonne gold and consists of: An indicated resource of [...]
Grande Portage Resources Ltd. is pleased to announce the discovery of a new mineralized zone directly underneath its 2018 M Pad location. Drill pad M18 was constructed in an area of low topographic expression and was situated on overburden consisting of talus mixed with glacial outwash and alluvium. There was no outcropping bedrock near the drill pad so the discovery of near-surface mineralization under the pad was [...]