The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
Drills tap veins beyond resource; assays are slow to return North of 60 Mining News – November 13, 2020
Visible gold in core from drilling into the Goat vein on Grande Portage's Herbert Gold project north of Juneau, Alaska.
Grande Portage Resources Ltd. Nov. 11 announced the completion of a roughly 8,500-meter drill program at Herbert Gold that involved 21 holes drilled outside the resource area at this high-grade gold project a few miles north of Juneau, Alaska.
According to a calculation completed early last year, Herbert hosts 1.88 million metric tons of indicated resource averaging 10.03 grams per metric ton (605,000 ounces) of gold; plus 553,429 metric tons of inferred resource averaging 14.15 g/t (251,700 oz) gold.
This resource is contained within three roughly parallel vein structures – Goat, Main and Deep Trench.
In addition to testing extensions of these primary veins, this year's drill program intersected the North, Sleeping Giant, Ridge and Elusive veins, as well as numerous subsidiary veins and structures in between.
Highlights from assay results released by Grande Portage in early October include:
• 8.05 meters averaging 5.72 g/t gold in the hanging wall of Goat.
• 1.46 meters averaging 23.8 g/t gold at Ridge.
• 2.38 meters averaging 11.47 g/t gold at Main.
• 1.07 meters averaging 7.54 g/t gold at Sleeping Giant.
"We are delighted to have conducted a thorough test with two rigs this season," said Grande Portage Resources President Ian Klassen. "Our team has known that the Herbert gold discovery has significant expansion potential, and this is evidenced by the fact we continue to intercept gold bearing veins laterally and at depths not encountered before."
Due to unprecedented delays at assay labs related primarily to COVID-19 protocols and a large quantity of mid- to late-2020 samples for these facilities to process, Grande Portage anticipates that it could be 2021 before all the drill results are returned.
"We are anxious to receive the balance of the season's assays in due course," Klassen added.
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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