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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).

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Expert Comments:

Grande Portage Resources encountered 2.71 meters of 52.34 g/t gold in a stepout hole at its Herbert asset.
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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."

headshot of Eric Coffin

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."

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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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."

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
headshot of Jay Taylor
Jay Taylor, Author Gold, Energy & Tech Stocks

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