Not for distribution to United States newswire services or for dissemination in the United States. Grande Portage Resources Ltd. is pleased to announce a non-brokered private placement of up to 10,000,000 units at a price of C$0.30 per Unit for aggregate gross proceeds of up to C$3,000,000 . The Offering is being carried out pursuant to Part 5A of National Instrument 45-106 - Prospectus Exemptions to purchasers resident [...]
Grande Portage Resources Ltd. is pleased to announce that it has signed a Letter of Intent with Goldbelt, Incorporated to explore the potential development of an ore terminal at Goldbelt's Cascade Point site in SE Alaska, approximately 33 miles northwest of the city of Juneau. As previously announced on September 9th 2024, the Company's Conceptual Mining Plan evaluates the development of the New Amalga gold mine as a [...]
Grande Portage Resources Ltd. is pleased to announce that, further to its recently filed updated **NI #43-101 Mineral Resource Estimate, the Company has developed a Conceptual Mining Plan to determine the optimal development pathway for its Herbert Gold project located in SE Alaska. To that end, earlier this year, the Company engaged the services of OreLogic LLC, a consulting firm providing mine planning and project [...]
Grande Portage Resources Ltd. is pleased to announce that it has closed a non-brokered private placement with the issuance of 5,836,221 Units at a price of $0.18 for gross per unit for gross proceeds of $1,050,520. The closing is subject to final approval by the TSX Venture Exchange. Each unit in this offering consists of one common share in the capital of the company and one share purchase warrant. Each warrant entitles [...]
Grande Portage Resources Ltd. is pleased to announce that its non-brokered private placement of up to 5,555,555 Units announced on July 30, 2024, has been over-subscribed and will now consist of 5,836,221 Units at a price of $0.18 for gross proceeds of $1,050,520 subject to approval by the TSX Venture Exchange. As previously announced, each Unit in this offering consists of one common share in the capital of the Company [...]
Grande Portage Resources Ltd. is pleased to report that it has arranged, subject to the acceptance of the TSX Venture Exchange , a non-brokered private placement of up to 5,555,555 units for gross proceeds of up to $1,000,000 . The private placement offering will be priced at $0.18 per Unit, and each Unit will consist of one common share in the capital of the Company and one full share purchase warrant . Each Warrant will [...]
Grande Portage Resources Ltd. is pleased to report that it has filed an updated technical report on the Herbert Gold Project located near Juneau, Alaska on SEDAR. The Report entitled "Technical Report on the Herbert Gold Property" is effective as of July 17th, 2024, and was prepared by DRW Geological Consultants Ltd. and is in accordance with the National Instrument 43-101-Standards of Disclosure for Mineral projects. The [...]
Grande Portage Resources Ltd. is pleased to report an updated NI 43-101 Independent Mineral Resource Estimate for its 100% controlled Herbert Gold Deposit. The Mineral Resource Estimate has a base case mineral resource cut to 181 grams per tonne gold. The Mineral Resource is reported at a 2.5 gpt cutoff grade and consists of: An Indicated Resource of 1,438,500 oz of gold at an average grade of 9.47 gpt Au in 4,726,000 [...]
Grande Portage Resources Ltd. is pleased to announce that it has filed its 2024 Plan of Operation for continued mineral exploration at its Herbert Gold project near Juneau, Alaska. Subject to regulatory approval, the proposed work schedule for 2024 consists of up to 10,000 meters diamond drilling with additional detailed mapping and trench sampling to expand previous exploration. The program will consist of one diamond [...]
Grande Portage Resources Ltd. ; is pleased to announce that it has closed a non-brokered private placement with the issuance of 5,600,000 units at a price of $0.20 per unit for gross proceeds of $1,120,000 with all securities issued having a four-month hold period which expires on April 9, 2024. Each unit in this offering consists of one common share in the capital of the company and one half of a share purchase warrant [...]
Grande Portage Resources Ltd. is pleased to announce results from three more diamond drill holes drilled at the Herbert Gold project located in southeast Alaska. Highlights: After drilling four holes from the Pad M, the rig was moved 285 meters eastward where four more holes were drilled from Pad P. The Company is pleased to confirm that all Pad P holes successfully targeted the eastern extensions of the Goat vein between [...]
Grande Portage Resources Ltd. is pleased to provide the following interim update to its summer drill program at the Herbert Gold project located in southeast Alaska. To date, the Company has drilled approximately 10,000 feet in 8 holes from 3 platforms. Drilling is well into hole 9 now and the balance of the program will continue until November. The Company has only received results on a small percentage of its sample [...]