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Assays from Herbert Gold drilling roll in

North of 60 Mining News – October 26, 2018

Grande Portage Resources Ltd. Oct. 22 reported results from the first two holes of a 15-hole drill program out at the company's Herbert Gold project in Southeast Alaska.

These initial holes of the 2018 season targeted the central Deep Trench, the southernmost of three major veins drilled so far at Herbert.

Hole 18S-1 cut 2.81 meters (2.47 meters true-width) averaging 15.76 grams per metric ton gold and 8.7 g/t silver.

Hole 18S-2 cut 9.08 meters (4.81 meters true-width) averaging 30.24 g/t gold and 40.52 g/t silver in a quartz vein showing visible flakes of gold.

Drilled from the same pad, 18S-2 intersected the Deep Trench vein about 25 meters below 18S-1.

To obtain larger samples, Grande Portage used wider diameter PQ-sized core for this year's drilling. The bigger samples should yield more accurate assay results and provide material for metallurgical testing.

"We are really pleased with the results from the first two holes, using PQ core, at the Deep Trench vein," said Grande Portage President Ian Klassen. "This overall vein system continues to yield excellent recoveries. We look forward to the results from the next thirteen holes as we advance the Herbert Gold project."

Herbert Gold hosts 1.1 million metric tons of indicated resource averaging 7.25 g/t (267,950 ounces) gold; and 423,200 metric tons of inferred resource averaging 6.04 g/t (82,200 oz) gold, according to a calculation completed earlier this year.

–SHANE LASLEY

 

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