Prospecting and Sampling at Merry Widow Property

Gold Investing

Field work at the Grande Portage Resources Ltd. (TSXV:GPG) Merry Widow group of properties in northern Vancouver Island has commenced. In mid-January, 2012, the company began to follow-up on the points of interest by means of prospecting and sampling at the location of a given POI to see if mineralization was present near surface. To date, a total of 10 POI’s have been examined.

Field work at the Grande Portage Resources Ltd. (TSXV:GPG) Merry Widow group of properties in northern Vancouver Island has commenced. In mid-January, 2012, the company began to follow-up on the points of interest by means of prospecting and sampling at the location of a given POI to see if mineralization was present near surface. To date, a total of 10 POI’s have been examined.

As quoted in the press release:

Recently, Grande Portage received the results from a proprietary geophysical survey conducted by Emerging Science & Technologies Group, Inc. (ES&T). The technology employed is unique and proprietary to ES&T and in essence serves to locate anomalously high concentrations of a targeted substance by keying on the molecular electrical properties unique to a specific target element. For the survey the targeted minerals of interest were gold, silver, copper, iron and cobalt, all of which are present in significant concentrations at the past producing Merry Widow Mine. To determine points of reference for the survey the equipment was setup near the Merry Widow open pit and values recorded from areas of known mineralization based on drill hole data from the 2006 to 2008 drill campaigns. With this reference data obtained from known mineralization ES&T was then able to determine cut-off values for various concentrations of gold, silver, copper, iron and cobalt and use this to determine areas of anomalous metal concentrations, which ES&T referred to as “Points of Interest” (POI’s).

The survey outlined 33 POI’s throughout a broad area including a number of targets near the old open pit. In mid-January, 2012, GPG began to follow-up on these POI’s by means of prospecting and sampling at the location of a given POI to see if mineralization was present near surface. To date, a total of 10 POI’s were examined. A preliminary assessment of the areas visited is that they have potential for mineralization as at all sites sulphide-bearing volcanic rocks or highly altered limestone was observed. These units were variably magnetic and sulphide concentrations ranged from trace amounts to 5% locally. A total of 14 rock samples were collected and are currently being analysed by ALS Chemex at their facility in North Vancouver. Once the results are received the Company will make further plans to follow-up any areas of anomalous mineralization.

Click here to read the Grande Portage Resources Ltd. (TSXV:GPG) press release
Click here to see the Grande Portage Resources Ltd. (TSXV:GPG) profile.

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