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Grande Portage Resources Ltd. V.GPG

Alternate Symbol(s):  GPTRF

Grande Portage Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on the Herbert gold discovery situated approximately 25 kilometers (km) north of Juneau, Alaska. The Company holds a 100% 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 Herbert Gold project is an exploration stage, partially drill-tested, high-grade, gold mineralized mesothermal quartz vein system in the historic Juneau Gold Belt of southeast Alaska. The project lies prominently within the 160 km long Juneau Gold Belt, which has produced over seven million ounces of gold. The project consists of 91 unpatented mining claims, located 25 km north of Juneau and to the south of Couer Alaska's profitable Kensington gold mine.


TSXV:GPG - Post by User

Post by tarsandson Aug 20, 2020 10:09am
117 Views
Post# 31433057

Ya it is strange

Ya it is strangeI read the NR "s as saying that the 2 nd rig is drilling from PAD U & PAD Y !

Ok if you look at their 2020 map then you can count :

20Y - 1 (PAD Y)
20Y - 2

PAD U:
20U 1-2-3

A total of 5 holes are being drilled by the 2 nd rig.  By a different company named ATLAS EARTH SCIENCES.

The other company TIMBERLINE will be drilling the other 15 or 16 holes.

But if you read the NR"s the drilling they projected too cost $1.5 million for the first rig (15 or 16 holes)

And then we got Eric"s money injection $3.15 million and we only add a 2nd rig and drill out 5 more holes?

Someone should email Ian and ask what is going on !


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