Grande Portage Resources (TSXV:GPG;OTCQB:GPTRF)

Grande Portage Resources: Advancing the High-grade Herbert Gold Project in Alaska


Grande Portage Resources (TSXV:GPG;OTCQB:GPTRF);OTCQB:GPTRF) is a publicly held junior resource company exclusively focused on exploring and developing gold assets in southeast Alaska. The company is advancing its 100 percent owned Herbert Gold project, situated approximately 25 km north of Juneau, Alaska, within the historic Juneau Gold Belt, which has produced over 7 million ounces of gold.

The Herbert Gold project has an updated mineral resource estimate of 1.44 million ounces at 9.47 g/pt gold indicated resource, and 515,700 ounces at 8.85 g/pt gold inferred resource.

Grande Portage Resources' Herbert gold project​Herbert Gold Project

The Herbert Gold project is an exploration stage, high-grade, mesothermal quartz vein system in the historic Juneau Gold Belt of southeast Alaska. Herbert consists of 91 unpatented lode claims located 25 km north of Juneau and to the south of Coeur Alaska's profitable Kensington gold mine. The property covers six parallel vein structures exposed at surface.

Grande Portage released an updated MRE on the project (2024) for 1.44 Moz (4.7 Mt at 9.5 g/t gold) and 0.5 Moz (1.8 Mt at 8.9 g/t gold) in the indicated and Inferred categories, respectively. The Herbert property remains open at depth and along strike. Overall, six or more promising gold-producing vein-fault structures that contain ribbon structures and quartz-sulfides are located on the property. Herbert Gold is one of Alaska's most promising districts and has remained remarkably underexplored.

Company Highlights

  • Grande Portage Resources is a junior resource company advancing its high-grade Herbert Gold project, located in a prolific gold belt in Alaska.
  • Strong management team led by Ian Klassen who has 20 years’ experience in business management, public relations and government affairs.
  • The company’s flagship Herbert Gold project, located near Juneau, Alaska, boasts a resource of 1.44 million ounces at 9.47 g/pt gold, and inferred resource of 515,700 ounces at 8.85 g/pt gold.

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Grande Portage Resources (TSXV:GPG)

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Not for distribution to United States newswire services or for dissemination in the United States.

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