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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 Sep 29, 2020 10:44am
97 Views
Post# 31634750

As I said yesterday

As I said yesterday
This is I'd say 90% the labs fault for not preparing for this season"s huge drill programs because of the price of gold and financings. 

The lab should have had enough time it was about mid June when they knew ( like hey everyone in the gold mining sector is doing financings, and the price of gold has broken out)
They then should have hired more lab technicians and had a COVID protocol in place as well.

They were looking the other way , or thought hey the companies are basically a captive market so why hire just make them wait longer. and that is what happened.

Ians blame is about 10% in my estimate. He had time too change labs!

But it is costly too do so. Guess he thought well we need too run a cost efficient ship, and wait out the storm.

But here is the thing , he could release trench work results? Or chip sample results?

Are they not doing trench work on outcrops?

JMO.
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