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Regulatory approval is a go at Herbert Gold

Grande Portage to begin drilling in June to explore resource North of 60 Mining News – May 6, 2022

Grande Portage Resources Ltd. May 3 announced that it has received regulatory approval for the 2022 drill program at its Herbert Gold project located within the Juneau Gold Belt in Southeast Alaska and drilling is expected to begin in June.

"We are pleased to have received approvals from the regulatory agencies in Alaska," said Grande Portage President and CEO Ian Klassen. "Our project is a short seven-minute helicopter flight from the international airport and located just off the Alaska coastal highway. The logistics of operating in a historic mining area, working with the various offices and local suppliers within the city where the benefits are accruing in the local economy is part of the company's environmental social governance plan."

According to a calculation completed in May of last year, Herbert Gold hosts 3.64 million metric tons of indicated resource averaging 10.23 grams per metric ton (1.2 million ounces) gold and 5.87 g/t (686,700 oz) silver; plus 1.14 million metric tons of inferred resource averaging 8.91 g/t (325,900 oz) gold and 4.63 g/t (169,300 oz) silver.

With the vein structures and mineralization showing no signs of diminishing at depth, the company's geological team has recommended that further exploration drilling be extended to the deeper regions of the quartz veins.

As such, the roughly 9,150 meters of diamond drilling planned for this year has been designed to test the main mineralized structures at depths beyond 500 meters, while at the same time penetrating additional structures at shallower levels and along strike.

Besides drilling the deeper portions of the Goat, Main, and Deep Trench veins, one of Grande Portage's planned drill sites will test the eastern extension of Deep Trench, Floyd, and the Elusive Structure, which remain virtually unexplored to date.

 

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