Upgrading a Historic Gold Resource
35-hole drill program targeting areas of higher gold grade within an inferred gold deposit
Targeting Higher-grade Gold Zone
In situ potential of 15 to 20 million tonnes up to 1.4 grams gold per tonne (see October 17, 2022 news release)
New Resource Calculation for 2023
Establish a new NI 43-101 Mineral Resource in higher grade zone
New higher quality resource to be calculated by P&E Mining Consultants Inc.
Preliminary Economic Assessment (PEA) anticipated for 2023
Keys to Success in Guyana
Gold Port Corporation is an established gold exploration company focusing on Guyana, South America. The Company owns 100% of the Groete Gold Project, which contains a NI 43-101 Technical Report defined gold copper inferred resource. With an experienced management team, corporate owned exploration equipment, and significant exploration funding, Gold Port intends to maximize shareholder value by further evaluation of the Groete Gold Copper Project.
Our Groete Gold Project is currently a NI 43-101 Inferred resource. We intend to increase shareholder value by:
- Upgrading the current inferred gold resource to a higher grade, lower tonnage indicated gold resource.
- A 35-hole drill program will confirm the continuity of the higher grade gold zone.
- Evaluating new leaching reagents to determine the best gold recovery method.
Having worked in Guyana for over thirty years, I am excited to move this project forward to a more advanced stage. With current record high gold prices, Gold Port could significantly enhance shareholder value with the new Groete Gold Project exploration program.