Grande Portage Resources Announces Increased Gold Ounces and Grades at Herbert Deposit

Grande Portage Resources Ltd. has disclosed an updated NI 43-101 Independent Mineral Resource Estimate for its Herbert Gold Deposit in Southeast Alaska. According to the new data, the Indicated Resource has grown to 1,438,500 ounces of gold at a grade of 9.47 gpt Au, while the Inferred Resource now contains 515,700 ounces at 8.85 gpt Au.

The estimate is based on a 2.5 gpt gold cutoff and includes 34 new diamond drill holes, bringing the total to 240. These holes have focused on enhancing understanding of the western portion of the deposit and identifying new high-grade areas in the east. Silver resources are also noted, with Indicated and Inferred categories showing substantial amounts.

President and CEO Ian Klassen highlighted that these findings are part of a Conceptual Plan to develop the Herbert Gold deposit using a low-impact Direct Shipping Ore approach. The plan aims to simplify permitting and operations with no onsite mill or chemicals.