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Grande Portage Resources Advances Ongoing Project Studies and Fieldwork to Support New Amalga Gold Project Development

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Grande Portage Resources (GPG.V) on Monday provided a project update for the New Amalga Gold property near Juneau, Alaska.

In addition to the 2026 drill program, numerous engineering studies and environmental fieldwork programs are in-progress utilizing several "industry-leading" consulting firms, most of which are based in Alaska, said the company.

These activities provide key inputs for the environmental review and permitting process which the company will initiate with the State and federal regulatory agencies to enable development of the mining operation, stated the company.

Current and planned activities for the 2026 field season include access road design, aquatic studies, climate assessment, archeological & cultural resource surveys, avian & wildlife surveys, and geochemical characterization & backfill testing, among others, added the company.

"We are excited to be moving forward with this extensive roster of project studies and field surveys as we advance the New Amalga project towards the state and federal regulatory review process," said Ian Klassen, President and Chief Executive Officer. "The firms we've selected are all leaders in their respective fields, with a large proportion of the work being done by Alaska-based teams with extensive experience operating in the region."

The New Amalga Gold Project is located only 25km from Alaska's capital city of Juneau and 6km from paved highway.

The current development concept, as described in the preliminary economic assessment (PEA) study with an effective date of Feb. 11, 2026, envisions a small-footprint underground mining operation which would transport material offsite for processing by a third party, eliminating the need for an onsite gold recovery plant or tailings storage facility, added the company.

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