Herbert Gold drilling awaits greenlight
Permits, drills secured for program after COVID-19 passes North of 60 Mining News – April 10, 2020
Last updated 9/26/2020 at 12:49pm
Grande Portage Resources Ltd. April 8 announced it has received regulatory approval for a 2020 drill program at its Herbert Gold project within the Juneau Gold Belt in Southeast Alaska. The company is now monitoring the COVID-19 situation to determine the public health impact of coronavirus and the best course for moving forward.
"Our business continuity plans have been fully mobilized in response to the COVID-19 global pandemic," said Grande Portage Resources CEO Ian Klassen. "We are working closely with the state of Alaska and the federal regulators and health experts to protect our workforce and nearby communities. This includes putting some operations temporarily into care and maintenance. We are also making sure that these short-term disruptions do not impact long-term business value while ensuring we are well-positioned to safely and efficiently ramp-up operations in a timely manner once the worst of this global pandemic passes."
These operations include a roughly 4,575-meter drill program to test multiple Herbert Gold targets significantly deeper and further to the east than in year's past.
According to an early 2019 calculation, Herbert Gold hosts 1.88 million metric tons of indicated resource averaging 10.03 grams per metric ton (605,000 ounces) of gold; plus 553,429 metric tons of inferred resource averaging 14.15 g/t (251,700 oz) gold.
This resource is contained within three primary structures at Herbert Gold – Goat, Main and Deep Trench.
Grande Portage's fully funded 2020 drill program is expected to primarily target the depth and strike extensions of these structures that host the resource.
The company said it is carefully monitoring the COVID-19 public health impact on a daily basis, and the health and safety of its communities, shareholders, contractors, employees and other stakeholders are its highest priority.
"We continue to extend our best wishes to all during these unprecedented times," said Klassen.