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Gold Port Corporation (GPOTF) explores and develops the 100% owned Groete Gold Copper Project in Guyana. Company news centers on mining-permit renewals with the Guyana Geology and Mines Commission, project access and camp infrastructure, heavy-equipment preparation, and drilling readiness for the Groete property. Updates also cover technical work tied to the NI 43-101 inferred gold-copper resource, including metallurgical leach testing, as well as capital actions such as private placements, warrants, and stock option grants.
Gold Port Corporation announced the completion of a Discovery I Core Rig by Multi-Power Products Ltd, set to be delivered to Guyana for a 10,000-meter core drill program aimed at expanding and upgrading the inferred resource. The company appointed two key managers: Samantha Latchman as Country Manager and Gerardo Martinez as Drilling Operations Manager, both bringing extensive experience in the mining industry. Gold Port has defined an inferred mineral resource of 1.57 million gold copper equivalent ounces.
Gold Port Corporation has announced a corporate update regarding its Groete Gold Copper Project in Guyana. A new core drilling rig, ordered from Multi-Power Products, is nearing completion, expected for shipment by month-end. This rig will support a planned 10,000-meter drilling program aimed at upgrading existing resources. Additionally, the company has successfully renewed three mining permits for the project, which has an Inferred Mineral Resource of 1.57 million gold copper equivalent ounces. The last exploration of the site occurred in 2012.
Gold Port Corporation (CSE: GPO) (OTC PINK: GPOTF) has announced the acquisition of a Discovery 1 Core Rig to enhance drilling capabilities at the Groete Gold Copper Project in Guyana. This investment follows a previously conducted drill program in 2012, which identified an Inferred Mineral Resource of 1.57 million gold copper equivalent ounces. Preparations for drilling will include a field check and surface sampling to pinpoint additional targets. The project encompasses 3,421 acres of land, and technical details have been validated by a Qualified Person under National Instrument 43-101.
Gold Port Corporation (CSE: GPO) (PINK: GPOTF) has announced a corporate update regarding its Groete Gold Copper Project in Guyana. The camp expansion is complete, paving the way for a phase one drill program of 2,500 meters across 12 holes. Previous exploration in 2012 estimated an Inferred Mineral Resource of 1.57 million gold copper equivalent ounces. The Company currently holds approximately Cdn $6.3 million in working capital, which will support further project development and potential acquisitions in the alternative energy sector.