Grande Portage Resources Ltd.
Other OTCCapital Structure
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in mil. unless spec.Company Description
- CEO
- Ian Mcculloch Klassen
- Sector
- Basic Materials
- Industry
- Gold
- Address
- 1090 West Georgia Street Vancouver BC Canada V6E 3V7
- IPO Date
- Jan 8, 2021
- Website
- grandeportage.com
- Similar Companies
- Business
- Grande Portage Resources Ltd. (TSXV:GPG; OTCQB:GPTRF) explores and develops mineral properties, with a primary focus on advancing its 100% owned high-grade New Amalga Gold Project (formerly Herbert Gold) located approximately 25 km north of Juneau, Alaska, within the prolific Juneau Gold Belt; the project hosts an indicated resource of 1,438,500 ounces of gold at 9.47 g/t across 4.726 million tonnes and an inferred resource of 515,700 ounces at 8.85 g/t across 1.813 million tonnes, supported by at least eight large mesothermal gold-quartz vein systems open to expansion in multiple directions, including high-grade intercepts such as 15.3m at 37.1 g/t Au on the Deep Trench Vein and 3.1m at 79.2 g/t Au on the Main Vein; the company pursues a low-impact direct shipping ore model featuring underground mining, on-site sensor-based ore sorting for waste rejection, and third-party offsite processing without an onsite mill or tailings facility. Founded in 1984 and headquartered at Suite 1050, 1090 West Georgia Street, Vancouver, British Columbia, Canada, Grande Portage operates principally in Alaska, targeting the underexplored gold potential near existing infrastructure including a paved highway 6 km away and the planned Cascade Point ore export terminal 22 km distant. Recent developments include outstanding April 2025 sensor-based ore sorting test results demonstrating a 120% gold grade increase and 57% mass reduction with minimal losses; October 2025 indicative offtake terms from a global concentrate trader for resale to smelters, roasters, and leach plants; a December 2025 independent marketability study confirming high payable gold and silica flux appeal for copper smelters outside China amid concentrate shortages; a letter of intent with Alaska Native Corporation Goldbelt Inc. for the Cascade Point terminal; a non-brokered private placement in November 2025 raising up to C$400,000; and an NI 43-101 Preliminary Economic Assessment in progress for Q1 2026 release.
Company News
Market One Article Feature on Barchart: Grande Portage Advances a Million-Ounce Gold Plan Built for Faster Permitting
Grande Portage Resources Announces Completion of 2026 Drill Program and Summer Field Season
Grande Portage Signs Definitive Commercial Agreement with Ocean Partners (UK) Limited for New Amalga Gold Offtake
Grande Portage Resources Announces Posting of New Amalga Project Permitting Schedules on FAST-41 Dashboard
Grande Portage Resources Receives State of Alaska Regulatory Clearance for Road Easement
Grande Portage Resources Advances 2026 Drill Program and Field Activities, Confirms 100% Warrant Exercise
Grande Portage Resources Announces Acceptance of the New Amalga Gold Project to the Covered Projects FAST-41 Program
Grande Portage Closes C$6 Million Equity Financing
Grande Portage Resources Reports Positive Results from Preliminary Strength Testing of Mine Backfill Materials
Grande Portage Announces Binding Commercial Offtake Agreement with C$6 Million Equity Financing and US$25 Million Construction Loan, Welcomes Ocean Partners as New Strategic Catalyst for the New Amalga Gold Project
Grande Portage Resources Launches Busy Summer Season with 2026 Drill Program at the New Amalga Gold Project
Grande Portage Resources Advances Ongoing Project Studies and Fieldwork to Support New Amalga Gold Project Development
Grande Portage Resources Upgrades to OTCQX Best Market
OTC Markets Group Welcomes Grande Portage Resources Ltd. to OTCQX
Grande Portage Resources Publishes McKinley Research Group's Socioeconomic Impact Study for the New Amalga Gold Project
Grande Portage Resources Initiates Full Scale Geochemical Characterization Program and Backfill Testwork for the New Amalga Gold Project
Grande Portage Resources Announces SEDAR+ Filing of Preliminary Economic Assessment (PEA) Study for the New Amalga Gold Project in SE Alaska
Grande Portage Resources Announces Results of Preliminary Economic Assessment (PEA) Study for the New Amalga Gold Project in SE Alaska
Grande Portage Resources Secures Drilling Contractor for 2026 Program at the New Amalga Gold Project and Provides Project Update
Grande Portage Resources Receives Approval for 2026 Plan of Operations (Drill Permit) from the US Forest Service