Grande Portage Resources Ltd. advances the New Amalga Gold Project in Southeast Alaska, a gold project about 25 kilometers north of Juneau. News about GPTRF centers on NI 43-101 technical reporting, Preliminary Economic Assessment work, drilling and resource-definition programs, geotechnical and hydrogeological studies, and environmental data collection tied to project review and permitting.
Company updates also cover U.S. Forest Service authorizations, geochemical characterization and backfill testwork, socioeconomic impact analysis, access and infrastructure planning, and capital-markets status, including the company’s U.S. OTCQX trading under the symbol GPTRF.
Grande Portage Resources (GPTRF) will participate in the 52nd Annual New Orleans Investment Conference on October 28–31, 2026. The event takes place at the Hilton New Orleans Riverside. Attendees can visit Booth 412 to meet the team advancing the New Amalga Gold Project in Southeast Alaska.
Grande Portage Resources (GPTRF) completed its 2026 summer fieldwork and drilling program at the New Amalga Gold Project in southeast Alaska. Twelve drillholes totalled 3,255 metres across five platforms, gathering resource-definition, rock-engineering and groundwater data. Crews developed five groundwater monitoring wells and installed one pressure-monitoring instrument.
Environmental, cultural, traffic and hazard surveys collected inputs for facility design. Weather towers and stream-gauging infrastructure were built; final sensor calibration remains ongoing. The data are being incorporated into the project's Plan of Operations, scheduled for submission to the US Forest Service in March 2027. Submission will initiate the federal environmental review process, with agency coordination through FAST-41 Covered Project status. The company plans supplemental wildlife and cultural-resource surveys during autumn.
Grande Portage Resources (GPTRF) has signed a definitive gold purchase agreement with Ocean Partners (UK) for its New Amalga property. The agreement contemplates selling up to 100% of production for the first 7 years of commercial operation, subject to a minimum tonnage requirement and conditions precedent. It fixes metal payabilities and deductions across product grades for use in economic studies and includes flexible termination rights.
A definitive agreement for the separately announced US$25 million revolving credit facility remains subject to confirmatory due diligence and legal documentation. New Amalga is in the final stages of baseline studies, with the company intending to submit a mining Plan of Operations to the US Forest Service in Q1 2027 to initiate federal environmental review. Grande Portage says its direct-shipping ore approach avoids an onsite processing plant and tailings facility to reduce capital costs and expedite permitting.
Grande Portage Resources (GPTRF) announced the posting of New Amalga's federal permitting timetable on the FAST-41 Dashboard.
The proposed Alaska gold project became a FAST-41 Covered Project on July 30, 2026. The U.S. Forest Service leads its federal review. The timetable makes anticipated milestones and agency responsibilities public as environmental review and permitting continue. Federal agencies must adhere to its completion dates. New Amalga has indicated gold resources of 1,438,500 ounces and inferred gold resources of 515,700 ounces.
Grande Portage Resources (OTCQX: GPTRF) received a favorable State of Alaska Regional Manager's Decision granting a road easement for its New Amalga Gold Project near Juneau. Only 3.4 miles (about 5.5 km) of access road are required from the public highway, with just over one‑third on State land and the balance on US Forest Service land requiring separate federal review.
The easement is split into Phase One, covering an initial road segment and helicopter staging area, and Phase Two, covering the remaining mine access road on State land up to federal boundaries. Phase One is expected to reduce helicopter shuttle distances for equipment and supplies by about 60% per cycle, improving exploration efficiency and reducing noise in residential areas. Phase Two remains contingent on USFS authorizations but is already included in the decision, avoiding a separate State easement process. The company highlights a 100%‑owned project with an NI 43‑101 MRE of 1,438,500 oz gold indicated at 9.47 g/t and 515,700 oz inferred at 8.85 g/t, plus significant silver resources.
Grande Portage Resources (OTCQX: GPTRF) reported it has reached the midpoint of its 2026 drill program at the New Amalga Gold Project in southeast Alaska, with 1,605 metres of 3,255 planned metres (49%) drilled and 5 of 12 holes completed as of August 9.
The company is pivoting from pure exploration toward collecting extensive hydrogeological and geotechnical data to support mine planning, environmental review and permitting. Environmental infrastructure is advancing, including a river-monitoring gauge and foundations for two meteorological towers, alongside wetlands mapping and wildlife, botanical and geochemical baseline studies.
All 6,005,431 outstanding warrants were exercised at $0.25, generating about $1.50 million to fund field programs, team expansion and corporate purposes. Subject to TSXV approval, 275,000 incentive stock options were granted at $0.35, expiring August 12, 2031. The New Amalga NI 43-101 MRE includes 1,438,500 oz indicated gold at 9.47 g/t and 515,700 oz inferred gold at 8.85 g/t.
Grande Portage Resources (OTCQX: GPTRF) announced that its New Amalga Gold Project was accepted on July 30, 2026 as a “Covered Project” under the U.S. Federal Permitting Improvement Steering Council’s FAST-41 program. This status is intended to provide coordinated federal agency review, predictable regulatory timelines, and public tracking via the Permitting Dashboard.
The company holds a 100% interest in New Amalga, located about 25 km north of Juneau, Alaska, within the Juneau Gold Belt. An updated NI 43-101 Mineral Resource Estimate effective July 17, 2024 outlines Indicated resources of 1,438,500 oz gold at 9.47 g/t and Inferred resources of 515,700 oz gold at 8.85 g/t, plus Indicated 891,600 oz silver at 5.86 g/t and Inferred 390,600 oz silver at 7.33 g/t.
Grande Portage (OTCQX:GPTRF) closed a C$6 million equity financing with Ocean Partners UK at $0.45 per Unit. Each Unit includes one share and half a Warrant, exercisable at $0.60 for 24 months. Proceeds fund development, studies, permitting, and general corporate purposes.
Securities carry a four-month statutory hold and a 24-month contractual hold for Ocean Partners.
Grande Portage Resources (OTCQX:GPTRF) reported that all preliminary cemented rockfill (CRF) samples from New Amalga met or exceeded uniaxial compressive strength criteria for overhand longhole stoping using 4% cement binder.
The company plans further higher‑cement tests for underhand stoping, ongoing geochemical characterization, and highlights a high‑grade gold resource and strong PEA economics for its small‑footprint underground development concept.
Grande Portage (OTCQX:GPTRF) announced a binding term sheet with Ocean Partners covering a 7-year commercial offtake, a $6 million equity financing, and a US$25 million construction and overrun loan facility for the New Amalga Gold Project.
The deal would make Ocean Partners the second-largest shareholder and supports permitting, development studies, and construction, with the project targeting NEPA initiation in 2027, permits by mid-2029, and initial production in 2031, subject to conditions and approvals.