202618 releases
Grande Portage Resources Announces Completion of 2026 Drill Program and Summer Field Season
The 2026 summer field and drill program at the New Amalga Gold Project in southeast Alaska has been completed, with twelve drillholes totalling 3,255 metres from five platforms targeting resource definition, geotechnical and hydrogeological data, plus five groundwater monitoring wells, one vibrating-wire piezometer, biological, geohazard, cultural and traffic surveys, and construction of meteorological towers and stream gauging infrastructure. The data feeds engineering for the Plan of Operations, scheduled for submission to the US Forest Service in March 2027, initiating federal NEPA review.
Drill resultsGrande Portage Signs Definitive Commercial Agreement with Ocean Partners (UK) Limited for New Amalga Gold Offtake
A definitive gold purchase agreement with Ocean Partners (UK) Ltd. covers the sale of up to 100% of production from the New Amalga property in Alaska for the first 7 years of commercial operation, subject to a minimum tonnage requirement and conditions precedent, with set metal payabilities and deductions and flexible termination rights. A definitive agreement for the previously announced US$25 million revolving credit facility remains subject to due diligence and documentation. Grande Portage intends to submit a mining Plan of Operations to the US Forest Service in Q1 2027.
CorporateGrande Portage Resources Announces Posting of New Amalga Project Permitting Schedules on FAST-41 Dashboard
The federal permitting timetable for the New Amalga Gold Project in Southeast Alaska has been posted to the Federal Permitting Improvement Steering Council's Federal Permitting Dashboard, following the project's acceptance as a FAST-41 Covered Project on July 30, 2026, with the U.S. Forest Service as lead federal permitting agency. Under FAST-41, agencies must adhere to the timetable's completion dates or provide written explanations and alternative dates. New Amalga hosts 1,438,500 indicated and 515,700 inferred ounces of gold.
CorporateGrande Portage Resources Receives State of Alaska Regulatory Clearance for Road Easement
A favorable Regional Manager's Decision from the State of Alaska authorizes a road easement at Grande Portage Resources' New Amalga Gold Project in Southeast Alaska, covering State land in two phases. Phase One includes an initial road segment and helicopter staging area, cutting helicopter shuttle distance for slinging equipment by about 60%. Phase Two covers the remainder of the access road to the federal boundary, contingent on US Forest Service authorizations. Total road development required is 3.4 miles (approx. 5.5 km).
CorporateGrande Portage Resources Advances 2026 Drill Program and Field Activities, Confirms 100% Warrant Exercise
As of August 9, 1,605 metres of a planned 3,255 metres (49%) and 5 of 12 drillholes were completed at the New Amalga Gold Project in southeast Alaska, with hydrogeological, geotechnical and resource definition data collected for permitting and mine planning. A river-monitoring gauge was installed and foundation work advanced on the first of two meteorological towers. All 6,005,431 warrants were exercised at $0.25 before the August 12, 2026 expiry, raising $1.50 million. The Company granted 275,000 options at $0.35, expiring August 12, 2031.
Drill resultsGrande Portage Resources Announces Acceptance of the New Amalga Gold Project to the Covered Projects FAST-41 Program
The New Amalga Gold Project was accepted as a Covered Project under the Federal Permitting Improvement Steering Council's FAST-41 program on July 30, 2026, setting coordinated federal review and permitting timelines involving the US Forest Service and US Army Corps of Engineers. Grande Portage holds a 100% interest in the project, located about 25 km north of Juneau, Alaska, which hosts an Indicated Resource of 1,438,500 ounces of gold at 9.47 g/t Au and an Inferred Resource of 515,700 ounces at 8.85 g/t Au.
CorporateGrande Portage Closes C$6 Million Equity Financing
A C$6 million equity financing first announced on June 25, 2026 has closed, consisting of units sold to Ocean Partners UK Limited at $0.45 per unit, each unit comprising one common share and one-half warrant exercisable at $0.60 for 24 months, subject to acceleration if shares close at $0.70 or higher for five consecutive trading days. Shares issued to Ocean Partners carry a 24-month contractual hold period in addition to the statutory four-month hold. Proceeds are earmarked for development, study and permitting work at the New Amalga Gold project in Alaska, and working capital.
FinancingGrande Portage Resources Reports Positive Results from Preliminary Strength Testing of Mine Backfill Materials
Preliminary cemented rockfill (CRF) strength testing at the New Amalga Gold Project near Juneau, Alaska returned samples that all met or exceeded strength criteria for overhand longhole stoping, the primary planned mining method. Test cylinders used core-derived waste rock with 4% cement binder and were tested for uniaxial compressive strength after 10-day and 17-day cure times. The company intends to advance mine development waste rock and ore sorter reject rock as CRF feedstocks, with further testwork at higher cement proportions planned for underhand stoping. Geochemical testwork on core samples is in progress.
Study resultsGrande 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
Ocean Partners UK Limited has signed binding term sheets covering a commercial offtake agreement for up to 100% of production for the first seven years of commercial operation at the New Amalga Gold Project in Southeast Alaska, a C$6 million equity investment, and a construction loan and overrun facility of up to US$25 million. The equity is priced at $0.45 per unit, each with a half warrant exercisable at $0.60 for 24 months. Initial production is targeted for 2031.
FinancingGrande Portage Resources Launches Busy Summer Season with 2026 Drill Program at the New Amalga Gold Project
Drilling has begun at the New Amalga Gold property near Juneau, Alaska, with up to 4,300 metres of diamond drilling from up to 14 holes plus installation of downhole instrumentation, aimed at upgrading resource classification and gathering geotechnical and hydrogeological data for permitting and mine development. Work includes geotechnical logging, piezometer installation, packer testing and groundwater sampling, under a Plan of Operations approved by the US Forest Service on January 16, 2026. Contractors include SRK Consulting, Timberline Drilling, Piton Exploration and Coastal Helicopters.
Drill resultsGrande Portage Resources Advances Ongoing Project Studies and Fieldwork to Support New Amalga Gold Project Development
Multiple engineering studies and environmental fieldwork programs are underway at the New Amalga Gold Project near Juneau, Alaska, to provide inputs for the state and federal environmental review and permitting process. The 2026 field season work includes access road design and geotechnical surveys, aquatic, avian and wildlife surveys, archaeological and cultural resource studies, geochemical characterization and backfill testing, geohazard surveys, construction of two meteorological stations, river flow instrumentation installed in May 2026, surface water sampling, traffic surveys, and Phase Two wetlands and soils delineation.
Study resultsGrande Portage Resources Upgrades to OTCQX Best Market
Grande Portage Resources has qualified to trade on the OTCQX Best Market, upgrading from the OTCQB Venture Market, with its common shares beginning trading May 11, 2026 under the symbol GPTRF. Shareholders also exercised 100% of the available allocation of 5,550,000 common share purchase warrants at $0.30, expiring May 10, 2026, adding $1.65M to the treasury for field programs in SE Alaska, technical staff and general corporate purposes.
CorporateGrande Portage Resources Initiates Full Scale Geochemical Characterization Program and Backfill Testwork for the New Amalga Gold Project
A Geochemical Characterization Program has begun for the New Amalga Gold property in Southeast Alaska, with samples shipped April 24 to SGS North America for labwork and program design and technical oversight by Stantec Consulting Services Inc. The program tests rock types in areas planned for extraction under the PEA mine plan (effective date February 11, 2026), following 2020-2021 testwork on a small number of wallrock samples. It also includes first-ever cemented rock fill made from New Amalga material, with cylinders undergoing geochemical and uniaxial compressive strength testing.
Drill resultsGrande Portage Resources Announces SEDAR+ Filing of Preliminary Economic Assessment (PEA) Study for the New Amalga Gold Project in SE Alaska
A NI 43-101 Preliminary Economic Assessment technical report for the New Amalga Gold Project, 25 km north of Juneau, Southeast Alaska, has been filed on SEDAR+, with an effective date of February 11, 2026, prepared by SRK Consulting Canada, Core Geoscience, OreLogic, DRW Geological Consultants and RESPEC. Grande Portage states there are no material differences from the results disclosed in its April 15, 2026 news release. Planned 2026 work includes about 4,300 metres of diamond drilling from up to 14 holes, environmental monitoring infrastructure, baseline studies and access road preparation pending a State of Alaska easement.
Study resultsGrande Portage Resources Announces Results of Preliminary Economic Assessment (PEA) Study for the New Amalga Gold Project in SE Alaska
A maiden PEA for the New Amalga Gold Project, 25 km north of Juneau, Southeast Alaska, shows a pre-tax NPV(5%) of US$979 million and 69% IRR (after-tax US$721 million and 56%) at US$3,200/oz gold, with a 1.3-year after-tax payback. The plan is a 1,150 tpd underground mine over 7 years shipping 1.05 million gold ounces, averaging 150,000 oz per year at 17.6 g/t after sorting, with pre-production capital of US$254.8M and AISC of $1,408/oz.
Study resultsGrande Portage Resources Secures Drilling Contractor for 2026 Program at the New Amalga Gold Project and Provides Project Update
A drilling contract has been signed with Timberline Drilling Inc for the 2026 program at the New Amalga Gold property in Southeast Alaska, covering up to 4,300 metres of diamond drilling from up to 14 holes plus downhole instrumentation, with work expected to begin in late June under a US Forest Service operations permit obtained in January. The drilling will upgrade resource classification and gather geotechnical and hydrogeological data for permitting. An NI 43-101 Preliminary Economic Assessment is expected in late Q1 2026, to be followed by a US Federal FAST-41 status application.
Drill resultsGrande Portage Resources Receives Approval for 2026 Plan of Operations (Drill Permit) from the US Forest Service
The US Forest Service has approved Grande Portage Resources' 2026 Plan of Operations (drill permit) for the New Amalga Gold property in Southeast Alaska. The program covers up to 4,300 metres of diamond drilling in up to 14 holes, plus instrumentation installation, surface mapping and trench sampling, including geotechnical logging, piezometer installation and packer testing. Drilling contractor proposals are being evaluated with award expected in coming weeks and drilling to begin in late June. A NI 43-101 PEA is expected in Q1 2026.
CorporateGrande Portage Receives US Forest Service Special Use Permit for Environmental Infrastructure at the New Amalga Gold Project
A fully executed US Forest Service Special Use Permit was received on January 5 for the New Amalga Gold Project in Southeast Alaska, authorizing installation of an environmental data collection station, additional meteorological monitoring equipment, stream gauging sensors, and satellite uplink and power infrastructure to support future air quality and APDES permits. The project hosts Indicated Resources of 1,438,500 oz gold at 9.47 g/t (4,726,000 t) and Inferred of 515,700 oz at 8.85 g/t (1,813,000 t). A NI 43-101 PEA is expected in Q1 2026.
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202510 releases
Grande Portage Reports Advancements of Transportation Infrastructure at the New Amalga Gold Project
A State of Alaska road easement application covering roughly the initial one-third of the access road to the New Amalga Gold Project, 25 km north of Juneau, Alaska, has reached the adjudication stage at the Department of Natural Resources, with an archaeological and cultural resources survey contracted for early spring; the remaining two-thirds lies on Federal land under a separate process. At Cascade Point, ADOT&PF awarded a US$28.5M Phase 1 contract in July 2025 and Alaska signed a US$1.3M hydropower contract in December 2025, while Goldbelt provided next-phase ore barge dock engineering drawings. A NI 43-101 Preliminary Economic Assessment is expected in 2026 Q1.
CorporateGrande Portage Closes C$5Million Equity Raise
A non-brokered private placement of 20,000,000 units at $0.25 per unit closed for gross proceeds of C$5,000,000, with Eric Sprott, through 2176423 Ontario Ltd., as sole subscriber. Each unit includes one common share and one-half warrant exercisable at $0.35 for two years. Proceeds are intended for exploration and development of the New Amalga Gold deposit in Alaska and general working capital; Sprott now holds approximately 19.7% of outstanding shares, 24% partially diluted.
FinancingGrande Portage Resources Announces C$5Million Investment by Eric Sprott
A non-brokered private placement of 20,000,000 units at $0.25 per unit for gross proceeds of C$5,000,000 will be subscribed in full by Eric Sprott through 2176423 Ontario Ltd., with each unit comprising one common share and one-half warrant exercisable at $0.35 for two years. Proceeds are earmarked for exploration and development of the New Amalga Gold deposit in Southeast Alaska and general working capital. Closing is subject to TSX Venture Exchange approval and a four month plus one day hold period.
FinancingAdditional Offtake Study Validates the Flexibility of Offsite-Processing Configuration for the New Amalga Gold Project
An independent marketability study by H Okumura Consulting Ltd found that material from the New Amalga Gold Project in Southeast Alaska could be sold to processing facilities outside China, with high silica content making it attractive as copper smelter feed and a substitute for purchased silica flux; multiple non-Chinese copper smelters expressed interest. The development concept uses underground mining with third-party offsite processing, no onsite mill or tailings facility. A Preliminary Economic Assessment is expected in Q1 2026.
Study resultsNew LiDAR Survey Validates & Supports Grande Portage Resources’ Development Plans at the New Amalga Gold Project---Updated Project Summary
Survey data from an aerial LiDAR scan at the New Amalga Gold property in Southeast Alaska has been received, conducted by Anchorage-based NV5 Geospatial over the area of potential infrastructure development and the access road corridor, validating planned locations of surface facilities. The project hosts an Indicated Resource of 1,438,500 ounces of gold at 9.47 g/t Au (4,726,000 tonnes) and an Inferred Resource of 515,700 ounces at 8.85 g/t Au (1,813,000 tonnes). An NI 43-101 Preliminary Economic Assessment is expected in Q1 2026.
NewsGrande Portage Resources Files 2026 Plan of Operations / Drill Permit with the US Forest Service
A 2026 Plan of Operations (drill permit) has been filed with the US Forest Service for the New Amalga Gold property in Southeast Alaska. Subject to regulatory approval, the program includes up to 4,300 metres of diamond drilling in up to 14 drillholes, plus instrumentation installation, surface mapping and trench sampling, aimed at upgrading resource classification and collecting geotechnical and hydrogeological data. New Amalga hosts an Indicated Resource of 1,438,500 oz gold at 9.47 g/t Au and an Inferred Resource of 515,700 oz at 8.85 g/t Au.
CorporateGrande Portage Retains Machai Capital for Marketing
Machai Capital Inc. has been retained under a November 17, 2025 agreement to lead digital marketing, advertising and investor awareness activities for Grande Portage Resources for a four-month period commencing immediately. Machai was paid C$400,000 plus GST from general working capital and granted options on up to 500,000 common shares at $0.25 per share until March 17, 2028. The engagement is subject to TSX Venture Exchange approval. Machai is arm's-length to the Company.
CorporateGrande Portage Resources Announces Closing of Equity Financing
A non-brokered private placement announced November 4, 2025 has closed with the sale of 4,539,890 Units at $0.23 per Unit for gross proceeds of $1,044,175, issued under the listed issuer financing exemption with no statutory hold period. Each Unit includes one common share and one warrant exercisable at C$0.35 for two years; no insiders participated. Canaccord Genuity Corp. receives $5,520 cash and 24,000 finder's warrants at $0.23 for 24 months. Proceeds will fund exploration and development of the New Amalga Gold project in Alaska and working capital.
FinancingGrande Portage Announces Non-Brokered Private Placement Pursuant to the Listed Issuer Financing Exemption
A non-brokered private placement of up to 4,347,826 units at C$0.23 per unit for gross proceeds of up to C$1,000,000 has been launched under the listed issuer financing exemption, with each unit comprising one common share and one warrant exercisable at C$0.35 for 24 months. Net proceeds are earmarked for exploration and development of the New Amalga Mine project in Alaska and general working capital. First tranche closing is expected November 18, 2025, with final closing no later than December 19, 2025.
FinancingGrande Portage to Present at 2025 Alaska Miners Association Annual Convention
Grande Portage will present an overview of its New Amalga Gold Project in Southeast Alaska on November 5 during the Advanced Exploration Projects session of the Alaska Miners Association annual convention in Anchorage, covering the development strategy being evaluated in its Preliminary Economic Assessment, scheduled for completion in February 2026. RESPEC Inc. has been contracted for initial roadway and traffic studies on haulage along Glacier Highway to a future ore dock at Cascade Point. Subject to TSXV approval, 2,200,000 incentive stock options were granted at $0.25, expiring November 2, 2030.
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