Grande Portage Resources Files 2025 Plan of Operation/Drill Permit for the New Amalga Gold Property in S.E. Alaska
Grande Portage Resources has filed its 2025 Plan of Operation for continued mineral exploration at the New Amalga Mine Gold project near Juneau, Alaska. The proposed work schedule includes up to 10,000 meters of diamond drilling from eight pads to drill approximately 15 holes. The drilling will test the main mineralized structures of the Goat, Main, Sleeping Giant and Deep Trench veins.
The property is part of the Juneau gold belt, with veins traceable for over 500m along strike and from 130m above sea level to 350m below. The major veins remain open for expansion. The company has also granted 250,000 stock options to two consultants at CAD$0.30 per share for five years, subject to TSX Venture Exchange approval.
Grande Portage Resources ha presentato il suo Piano Operativo 2025 per la continuazione dell'esplorazione mineraria presso il progetto minerario New Amalga Gold vicino a Juneau, in Alaska. Il programma di lavoro proposto include fino a 10.000 metri di perforazione a diamante da otto piattaforme, con l'obiettivo di perforare circa 15 pozzi. La perforazione testerà le principali strutture mineralizzate delle vene Goat, Main, Sleeping Giant e Deep Trench.
La proprietà fa parte della cintura aurifera di Juneau, con vene tracciabili per oltre 500 m lungo la direzione e da 130 m sopra il livello del mare a 350 m sotto. Le vene principali rimangono aperte per l'espansione. L'azienda ha anche concesso 250.000 opzioni su azioni a due consulenti a CAD$0,30 per azione per cinque anni, soggette all'approvazione della Borsa TSX Venture.
Grande Portage Resources ha presentado su Plan Operativo 2025 para continuar la exploración mineral en el proyecto de oro New Amalga Mine cerca de Juneau, Alaska. El cronograma de trabajo propuesto incluye hasta 10,000 metros de perforación con diamante desde ocho plataformas, con el objetivo de perforar aproximadamente 15 pozos. La perforación evaluará las principales estructuras mineralizadas de los filones Goat, Main, Sleeping Giant y Deep Trench.
La propiedad forma parte del cinturón de oro de Juneau, con filones trazables por más de 500 m a lo largo de la dirección y desde 130 m sobre el nivel del mar hasta 350 m por debajo. Los filones principales permanecen abiertos para expansión. La empresa también ha concedido 250,000 opciones sobre acciones a dos consultores a CAD$0,30 por acción durante cinco años, sujeto a la aprobación de la Bolsa de Valores TSX Venture.
그란데 포테이지 리소스는 알래스카 주 주노 인근의 뉴 아말가 금광 프로젝트에서 지속적인 광물 탐사를 위한 2025년 운영 계획을 제출했습니다. 제안된 업무 일정에는 약 15개의 구멍을 뚫기 위해 8개의 패드에서 최대 10,000미터의 다이아몬드 드릴링이 포함됩니다. 드릴링은 고트, 메인, 슬리핑 자이언트 및 딥 트렌치 광맥의 주요 광물화 구조를 검사할 것입니다.
이 구역은 주노 금광대에 속하며, 광맥은 500미터 이상 따라 추적할 수 있으며, 해발 130미터에서 350미터 아래까지 뻗어 있습니다. 주요 광맥은 추가 개발을 위해 개방되어 있습니다. 회사는 또한 두 명의 컨설턴트에게 주당 CAD$0.30으로 250,000개의 주식 옵션을 부여했습니다. 이 조건은 TSX 벤처 거래소의 승인을 받습니다.
Grande Portage Resources a déposé son Plan d'Opération 2025 pour poursuivre l'exploration minérale sur le projet aurifère New Amalga Mine près de Juneau, en Alaska. Le calendrier de travail proposé comprend jusqu'à 10 000 mètres de forage au diamant à partir de huit plateformes pour forer environ 15 trous. Le forage testera les principales structures minéralisées des veines Goat, Main, Sleeping Giant et Deep Trench.
La propriété fait partie de la ceinture aurifère de Juneau, avec des veines traçables sur plus de 500 m le long de la direction et de 130 m au-dessus du niveau de la mer à 350 m en dessous. Les veines principales restent ouvertes à l'expansion. L'entreprise a également accordé 250 000 options d'actions à deux consultants à CAD$0,30 par action pendant cinq ans, sous réserve de l'approbation de la Bourse TSX Venture.
Grande Portage Resources hat seinen Betriebsplan 2025 für die Fortsetzung der Mineralexploration im Goldprojekt New Amalga Mine nahe Juneau, Alaska, eingereicht. Der vorgeschlagene Arbeitsplan umfasst bis zu 10.000 Meter Diamantbohrungen von acht Plätzen, um etwa 15 Bohrungen durchzuführen. Die Bohrungen werden die Hauptmineralisierungsstrukturen der Lagerstätten Goat, Main, Sleeping Giant und Deep Trench testen.
Das Grundstück gehört zum Goldgürtel von Juneau, mit Erzgang, die über 500 m entlang des Erzrückens nachverfolgt werden können und von 130 m über dem Meeresspiegel bis 350 m darunter reichen. Die Hauptgänge sind offen für Erweiterungen. Das Unternehmen hat auch 250.000 Optionen auf Aktien an zwei Berater zu einem Preis von CAD$0,30 pro Aktie für fünf Jahre gewährt, vorbehaltlich der Genehmigung der TSX-Venture-Börse.
- Extensive drilling program planned with 10,000 meters across 15 holes
- Property located in proven Juneau gold belt with historical production
- Veins traceable for over 500m with significant depth range
- Multiple unexplored veins showing potential for economic gold deposition
- Stock option grant may lead to potential dilution
- Drilling program subject to regulatory approval
VANCOUVER, BC / ACCESSWIRE / November 25, 2024 / Grande Portage Resources Ltd. (TSXV:GPG)(OTCQB:GPTRF)(FSE:GPB) ("Grande Portage" or the "Company") is pleased to announce that it has filed its 2025 Plan of Operation for continued mineral exploration at its New Amalga Mine Gold project (formerly the Herbert Gold project) located north near Juneau, Alaska.
Subject to regulatory approval, the proposed work schedule for 2025 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 diamond drilling utilizing up to eight pads to drill approximately 15 holes. These holes are planned to test the main mineralized structures of the Goat, Main, Sleeping Giant and Deep Trench veins. The New Amalga Gold Property is host to abundant composite vein-fault structures containing ribbon structure quartz-sulfide veins and lies prominently within the 100-mile-long Juneau gold belt, which has produced millions of ounces of gold through a total depth range of thousands of feet. Individual veins and vein systems can be traced for over 500 m on average along strike and from surface (130 m above mean sea level) to depths of 350 m below sea level.
The New Amalga's major veins remain open for expansion and strongly mineralized gold-bearing structures extend into untested ground, especially to the east and at depth. Several other veins and structures have been discovered on the property which have good potential for economic gold deposition but to date have only received minimal exploration.
The Company also announces that, subject to TSX Venture Exchange approval, it has granted incentive stock options to two consultants to purchase up to 250,000 common shares exercisable at a price of
This news release has been prepared and approved by Carl Hale, CPG, a geologist with more than 40 years of experience and a Qualified Person as defined under NI #43-101.
About Grande Portage:
Grande Portage Resources Ltd. is a publicly traded mineral exploration company focused on the New Amalga Gold Mine Project (formerly the Herbert Gold project) situated approximately 25 km north of Juneau, Alaska. The Company holds a
The Company's updated NI#43-101 Mineral Resource estimate (filed in June 2024) reported at a base case mineral resources cut-off grade of 2.5 grams per tonne gold (g/t Au) and consists of: an Indicated Resource of 1,438,500 ounces of gold at an average grade of 9.47 g/t Au (4,726,000 tonnes); and an Inferred Resource of 515,700 ounces of gold at an average grade of 8.85 g/t Au (1,813,000 tonnes), as well as an Indicated Resource of 891,600 ounces of silver at an average grade of 5.86 g/t Ag (4,726,000 tonnes); and an Inferred Resource of 390,600 ounces of silver at an average grade of 7.33 g/t silver (1,813,000 tonnes).
ON BEHALF OF THE BOARD
"Ian Klassen"
Ian M. Klassen
President & Chief Executive Officer
Tel: (604) 899-0106
Email: info@grandeportage.com
Cautionary Statement Regarding Forward-Looking Information
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties as described in the Company's filings with Canadian securities regulators. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Please note that under National Instrument 43-101, the Company is required to disclose that it has not based any production decision on NI 43-101-compliant reserve estimates, preliminary economic assessments, or feasibility studies, and historically production decisions made without such reports have increased uncertainty and higher technical and economic risks of failure. These risks include, among others, areas that are analyzed in more detail in a feasibility study or preliminary economic assessment, such as the application of economic analysis to mineral resources, more detailed metallurgical and other specialized studies in areas such as mining and recovery methods, market analysis, and environmental, social, and community impacts. Any decision to place the New Amalga Mine into operation at levels intended by management, expand a mine, make other production-related decisions, or otherwise carry out mining and processing operations would be largely based on internal non-public Company data, and on reports based on exploration and mining work by the Company and by geologists and engineers engaged by the Company.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED UNDER THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.
SOURCE: Grande Portage Resources Limited
View the original press release on accesswire.com
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