Gold Port Selects Site Access Contractor
Prnewswire·2025-09-23 13:42

Group 1 - Gold Port Corporation has selected Jaisingh's Equipment Rental for the construction of road access to the Groete Gold Copper Project, which involves approximately 13 kilometers of dirt road access along with bridge and drainage construction [1] - The completion of site access will allow the company to deploy its new MP Power track mounted core rig to initiate the drill program [1] - Gold Port Corporation is focused on enhancing the NI 43-101 gold deposit at the Groete Project, aiming for a higher-grade lower tonnage resource [2] Group 2 - The Groete Project was last explored in 2012, resulting in an Inferred Mineral Resource of 1.57 million gold equivalent ounces within 74 million tonnes, at a grade of 0.66 grams per tonne gold equivalent [2] - The calculation of the Inferred Mineral Resource used a cut-off grade of 0.25 gold equivalent grams per tonne, with gold priced at US$1,275 per ounce and copper at US$3.00 per pound [2] - Detailed information regarding the Mineral Resource is available in a National Instrument 43-101 report by P&E Mining Consultants Inc., dated April 16, 2019 [2]