Mr. Ian Klassen reports
GRANDE PORTAGE RESOURCES ANNOUNCES COMPLETION OF ITS 2021 DRILL PROGRAM AT THE HERBERT GOLD PROJECT IN SE ALASKA
Grande Portage Resources Ltd. has completed its two-rig drill program at the Herbert gold project in southeast Alaska. The company completed 19 holes and approximately 8,150 metres of drill core which included both stepout and infill holes, effectively expanding the parameters of the established resource and improving the company's knowledge base.
The company's drilling continued to test a number of the deposit's primary veins but also penetrated the eastern extension of the Sleeping Giant and Ridge veins as well as numerous subsidiary veins and structures found within the deposit.
Final sample results are expected throughout November, December and into 2022 due to continued delays at the assay labs principally due to protocols of the continuing COVID-19 pandemic.Lab results will be reported in future disclosures as they are received from the lab and quality assurance/quality control has been met. Samples taken for assay are split from the core with a diamond saw with one-half being sent to Bureau Veritas Labs, Richmond, B.C., an independent lab from the company.The company's geologists who are logging the core identifies certain sections which could contain coarse gold and marks them for the special preparation procedure of metallic screening which captures the nuggety gold in the assay. Known standards and blanks are inserted into the stream of samples on a regular basis.Additionally, all core is photographed with a high-resolution camera for future viewing.
Several samples were also collected and submitted to the laboratory to test for environmental effects after mining commences.Specifically, the tests determine the potential for mine waste rock to generate acidic runoff and/or harmful concentrations of toxic metals. Previous tests in 2020 were extremely positive environmentally showing no tendencies to produce acid rock drainage due to the high inherent carbonate content and the low sulphide content of the host rock and altered wallrock.
In addition, the company confirms that Admiralty Environmental, a Juneau-based environmental consultant and water quality laboratory, continued its program of gathering baseline water sampling adding to the company's expanding database from previous years.
Ian Klassen, Grande Portage's president, remarked: "We are delighted to have conducted another drill season at the Herbert gold deposit. Our geological team has done another fabulous job identifying extensions to the vein system evidenced by the fact we continue to intercept gold-bearing veins laterally and at depths not previously encountered.We look forward to receiving the results soon."
Impact of COVID-19
Grande Portage is carefully monitoring the public health impact of the COVID-19 on a daily basis. The company's first priority is the health and safety of its communities, shareholders, contractors, employees and other stakeholders. The Grande Portage team has been working closely to ensure all the correct protocols and safety precautions are in place.The company will continue to monitor the evolving COVID-19 situation and will continue to act proactively to protect the health of its work force.
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 National Instrument 43-101.
About Grande Portage Resources Ltd.
Grande Portage is a publicly traded mineral exploration company focused on the Herbert gold discovery situated approximately 25 kilometres north of Juneau, Alaska. The company holds a 100-per-cent interest in the Herbert property. The Herbert gold property system is open to length and depth and is host to at least six main composite vein-fault structures that contain ribbon structure quartz-sulfide veins.The project lies prominently within the 160 km long Juneau gold belt, which has produced over seven million ounces of gold.The company's updated NI 43-101 mineral resource estimate reported at a base case mineral resources cut-off grade of three grams per tonne gold (g/t Au) and consists of: an indicated resource of 1,196,800 ounces of gold at an average grade of 10.23 g/t Au (3,637,000 tonnes); and an inferred resource of 325,900 ounces of gold at an average grade of 8.91 g/t Au (1,138,000 tonnes), as well as an indicated resource of 686,700 ounces of silver at an average grade of 5.87 g/t Ag (3,637,000 tonnes); and an inferred resource of 169,300 ounces of silver at an average grade of 4.63 g/t silver (1,138,000 tonnes).
We seek Safe Harbor.
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