Grande Portage Resources Ltd. is pleased to announce that it is taking the necessary steps to prepare for its upcoming drill season at the Herbert Gold project in SE Alaska. As previously announced, the Company has received all permits and all other regulatory approvals to proceed this season. NASCO Industrial Services and Supply has been engaged to drill up to 24,000 feet of diamond drill core on the Company's Herbert [...]
Grande Portage Resources Ltd. is pleased to announce that it has filed an updated technical report on the Herbert Gold Project located near Juneau, Alaska on SEDAR. The Report was prepared by DRW Geological Consultants Ltd. under National Instrument 43-101. The technical report also includes a description of the project history, geology, mineralization, drilling, sampling procedures, and laboratory Quality [...]
Grande Portage Resources Ltd. is pleased to announce that its non-brokered private placement, originally announced on May 20th, 2021, has closed with the issuance of 7,813,073 units at a price of $0.48 per unit for gross proceeds of $3,750,275, with all securities issued having a four-month hold period which expires on October 11, 2021. As previously announced, each unit in this offering consists of one common share in [...]
Grande Portage Resources Ltd. wishes to announce that, subject to the acceptance of the TSX Venture Exchange , its previously announced non-brokered private placement on May 20 and 21, 2021 has increased from 6,770,834 Units to 7,812,500 Units, for an additional increase in the gross proceeds from $3,250,000 to $3,750,000 . The Offering will be priced at $0.48 per Unit, and each Unit will consist of one common share in [...]
Grande Portage Resources Ltd. wishes to announce that, due to strong investor demand, and subject to the acceptance of the TSX Venture Exchange , its previously announced non-brokered private placement on May 20, 2021 has increased from 5,208,333 Units to 6,770,834 Units, for an increase in the gross proceeds to $3,250,000 from $2,500,000. The private placement offering will be priced at $0.48 per Unit, and each Unit will [...]
Grande Portage Resources Ltd. is pleased to announce that it has arranged, subject to the acceptance of the TSX Venture Exchange , a non-brokered private placement of up to 5,208,333 units for gross proceeds of up to $2,500,000 . The private placement offering will be priced at $0.48 per Unit, and each Unit will consist of one common share in the capital of the Company and one-half of a share purchase warrant . Each whole [...]
Grande Portage Resources Ltd. is pleased to report a new NI 43-101 Independent Mineral Resource Estimate for its 100% controlled Herbert Gold Project located in S.E. Alaska. The Mineral Resource estimate has a base case mineral resource cut-off grade of 3.00 grams per tonne gold is capped at 125 gpt and consists of: An Indicated Resource of 1,196,800 ounces of gold at an average grade of 10.23 gpt Au in 3,637,000 tonnes [...]
Grande Portage Resources Ltd. is pleased to announce that its non-brokered private placement, announced on April 21st, 2021, has closed with the issuance of 1,106,715 units at a price of $0.28 per unit for gross proceeds of $309,880, with all securities issued having a four-month hold period which expires on September 1, 2021. As previously announced, each unit in this offering consists of one common share in the capital [...]
Grande Portage Resources Ltd. is pleased to announce that it has arranged, subject to approval from the TSX Venture Exchange, a non-brokered private placement of up to 1,100,000 units for gross proceeds of up to $310,000. The private placement offering will be at $0.28 per unit, and will consist of one common share in the capital of the Company and one half share purchase warrant. Each whole warrant will be exercisable at [...]
Grande Portage Resources Ltd. is pleased to announce that it has received regulatory approval for its upcoming drill program at its 100% controlled Herbert Gold project located within the Juneau Gold Belt in southeast Alaska. All permits are now in place. The Company's 2021 plan is to drill approximately 20,000 feet of diamond drill core on the Company's project. The upcoming drill program will test multiple targets from [...]
Grande Portage Resources Ltd. is pleased to announce that it has engaged Admiralty Environmental, LLC, Core Geoscience LLC, and Jade North LLC. to assist and oversee the collection of baseline data that a developer would need for future mine development at the Herbert Gold Project. Data such as acid/base accounting, water and air quality, and other data requiring longer sampling and analytical times are being initiated [...]
Grande Portage Resources Ltd. is pleased to announce the remainder of the assay results from its 2020 drilling program on the Herbert Gold Project in S.E. Alaska. These assays were from holes targeting the Goat, Main, Deep Trench, and Elusive veins and intermediate veins which include the Sleeping Giant, North Strand of the Main and other satellite veins. Significant assay results from the balance of drill holes are shown [...]