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Bullboard - Stock Discussion Forum 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... see more

TSXV:GPG - Post Discussion

Grande Portage Resources Ltd. > Does anyone else have trouble reading
View:
Post by tarsands on Aug 20, 2020 2:14pm

Does anyone else have trouble reading

All the mining data and also understand the lingo they use (decipher it)

DDH 20T-6 and DDH 20T-7 intercepted these quartz veins approximately 100 meters into the footwall of the Goat Vein.  The holes were drilled on an azimuth of 134 degrees with dips of -45 and -63 respectively

*****  Both holes have hit 2 intervals of quartz veins, the latest in DDH 20T-7 having an intercept of 2.58 meters, mostly quartz with coarse-grained arsenopyrite, galena and pyrite with visible gold over a section of quartz at least 6".*************

********The two intercepts with visible gold in quartz veins were 120 meters east of any previous drilling in the footwall of the Goat Vein and within the area 150 meters south of the vein.  These two veins were unexpected and both contained visible gold in the core.*********

*********The Company has now drilled 8 holes, two of which are ongoing and has up to 15 more holes planned.

******At least 7 intervals contained visible gold with all of the holes encountering multiple veins.  Sample results are forthcoming with extremely lengthy turn-around times encountered this season.**********


  Veins of this quality were previously unknown in this area between the Goat and the Main, partially because there is almost no earlier drilling down this deep and this far east.

My take away from all this is they have increased the total strike length now by 120 metres?
Also that they HAVE COMPLETED 6 holes and are currently drilling 2 more (1 per rig).

But here is where it gets fuzzy for me.

Is it like in the 6 holes we drilled we seen 7 intervals of visible gold?

I wish these companies could put all this jargon they or another geologist can understand into just plain layman english!

Like we see visible gold and its loaded   and we are excitedly awaiting results!  LOL>
Comment by flash338 on Aug 20, 2020 3:05pm
My takeaway from the NR is they are exited to find/confirm additional structures showing vg. On the plus side and something I'm watching eagerly for is an indication of width and grade increasing with depth which they made mention of. It's early, but still as much as anything that's that's what we want to see. The other thing may or may not mean anything is they didn't mention ...more  
Comment by Teakbois on Aug 20, 2020 3:06pm
This is how I read it......The results just refer to the two holes. Both have 2 intervals 2.58 metres in width with visible gold in the quartz of over 6".  There arer 7 other intervals (same holes) with visble gold with results forthcoming.
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