# Grande Portage Resources Secures Drilling Contractor for 2026 Program at the New Amalga Gold Project and Provides Project Update Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/grande-portage-resources-secures-drilling-contractor-for-2026-program-at-the-new--3e99deff-42b8-4efc-9152-0844e39db4c1 Original source: https://money.tmx.com/en/quote/GPG/news/7978264774927716/grande-portage-resources-secures-drilling-contractor-for-2026-program-at-the-new Publisher: tmx Original announcement: 2026-02-25T10:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Grande Portage Resources Ltd. - Ticker: GPG - Exchange: TSX - Region: Southeast Alaska - Primary commodity: Gold - Secondary commodities: Silver - Document categories: Resource update, Permitting, Other - Extracted: 2026-08-23 14:54:10 UTC Narrative sentiment: 0.60 · Bullish ## Minestarters Atlas summary Grande Portage Resources has secured a drilling contractor for its 2026 program at the New Amalga Gold Project in Alaska, focusing on resource definition and geotechnical characterization. The company also provided an update on its mineral resource estimate and its progress toward completing a Preliminary Economic Assessment \(PEA\). Reasoning: The company is advancing the New Amalga project through strategic drilling and permitting milestones, supported by a high-grade gold-silver resource, though the resource figures themselves are a restatement of previous data. - Positive factor: High-grade Indicated resource - Positive factor: Strategic progression to development planning - Positive factor: Permit obtained from US Forest Service - Positive factor: Low-CAPEX underground development concept - Negative factor: Resource is a restatement of July 2024 data Facts used in scoring: 4 ## Classification and evidence **NI 43-101** Story-specific tag Definition: No canonical definition is currently available. **PEA** Story-specific tag Definition: No canonical definition is currently available. **Underground Mining** Story-specific tag Definition: No canonical definition is currently available. ## Extracted facts Stored fact records: 4. Some facts used in scoring do not have a stored record. ## Resource Estimates (4) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/grande-portage-resources-secures-drilling-contractor-for-2026-program-at-the-new--3e99deff-42b8-4efc-9152-0844e39db4c1#fact-resource-facts-0) gold Historical result Needs review: historical\_restatement #### Identity - Commodity: gold - Ticker: GPG #### Resource Data - Category: indicated - Tonnes: 4726000 - Grade: 9.47 - Grade Unit: g/t - Contained Metal: 1438500 - Contained Unit: ounces #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-07-17T00:00:00.000Z #### Dates - Event date: 2026-02-25T00:00:00.000Z Reasoning: High-grade indicated gold resource, though restated from July 2024. - Positive factor: High grade \(9.47 g/t Au\) - Negative factor: Historical data Evidence · text > Indicated Resource of 1,438,500 ounces of gold at an average grade of 9.47 g/t Au \(4,726,000 tonnes\) ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/grande-portage-resources-secures-drilling-contractor-for-2026-program-at-the-new--3e99deff-42b8-4efc-9152-0844e39db4c1#fact-resource-facts-1) gold Historical result Needs review: historical\_restatement #### Identity - Commodity: gold - Ticker: GPG #### Resource Data - Category: inferred - Tonnes: 1813000 - Grade: 8.85 - Grade Unit: g/t - Contained Metal: 515700 - Contained Unit: ounces #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-07-17T00:00:00.000Z #### Dates - Event date: 2026-02-25T00:00:00.000Z Reasoning: Inferred gold resource restated from July 2024. - Positive factor: Solid grade \(8.85 g/t Au\) - Negative factor: Historical data - Negative factor: Inferred category Evidence · text > Inferred Resource of 515,700 ounces of gold at an average grade of 8.85 g/t Au \(1,813,000 tonnes\) ### indicated [Link to this fact](https://atlas-staging.minestarters.com/news/grande-portage-resources-secures-drilling-contractor-for-2026-program-at-the-new--3e99deff-42b8-4efc-9152-0844e39db4c1#fact-resource-facts-2) silver Historical result Needs review: historical\_restatement #### Identity - Commodity: silver - Ticker: GPG #### Resource Data - Category: indicated - Tonnes: 4726000 - Grade: 5.86 - Grade Unit: g/t - Contained Metal: 891600 - Contained Unit: ounces #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-07-17T00:00:00.000Z #### Dates - Event date: 2026-02-25T00:00:00.000Z Reasoning: Indicated silver resource restated from July 2024. - Positive factor: Significant silver byproduct - Negative factor: Historical data Evidence · text > Indicated Resource of 891,600 ounces of silver at an average grade of 5.86 g/t Ag \(4,726,000 tonnes\) ### inferred [Link to this fact](https://atlas-staging.minestarters.com/news/grande-portage-resources-secures-drilling-contractor-for-2026-program-at-the-new--3e99deff-42b8-4efc-9152-0844e39db4c1#fact-resource-facts-3) silver Historical result Needs review: historical\_restatement #### Identity - Commodity: silver - Ticker: GPG #### Resource Data - Category: inferred - Tonnes: 1813000 - Grade: 7.33 - Grade Unit: g/t - Contained Metal: 390600 - Contained Unit: ounces #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Historical: Yes - Historical Source Date: 2024-07-17T00:00:00.000Z #### Dates - Event date: 2026-02-25T00:00:00.000Z Reasoning: Inferred silver resource restated from July 2024. - Positive factor: Significant silver byproduct - Negative factor: Historical data - Negative factor: Inferred category Evidence · text > Inferred Resource of 390,600 ounces of silver at an average grade of 7.33 g/t silver \(1,813,000 tonnes\) ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.