Grande Portage Resources Posts New Amalga Gold Project Permitting Schedule
News related to:Grande Portage Resources Ltd · 1 min read
Grande Portage Resources Ltd. has announced the posting of its New Amalga Gold Project's federal permitting timetable on the Federal Permitting Improvement Steering Council's (FPISC) Federal Permitting Dashboard. This development marks an important milestone in the regulatory process for the project, which has been accepted into the FAST-41 federal permitting program as a "Covered Project."
The New Amalga Gold Project, located approximately 20 miles north of Juneau, Alaska, within the Tongass National Forest, is a proposed small-footprint underground gold mine. The project currently hosts an NI 43-101 mineral resource of 1,438,500 ounces of indicated gold and 515,700 ounces of inferred gold. The New Amalga Gold Project was accepted into the FAST-41 program on July 30, 2026, becoming a Covered Project under the program. The U.S. Forest Service serves as the lead federal permitting agency, with other federal agencies participating in the review and authorization process.
The project's FAST-41 designation provides a framework for coordinated federal agency reviews and a publicly available permitting timetable. Interested parties can monitor progress and any changes to anticipated milestones through the Federal Permitting Dashboard at: www.permits.performance.gov/permitting-project/fast-41-covered-projects/new-amalga-gold-project.
The New Amalga Gold Project is a significant part of the Juneau Gold Belt, which has produced over eight million ounces of gold. The project is situated approximately 25 km north of Juneau and currently hosts an NI 43-101 mineral resource of 1,438,500 ounces of indicated gold at an average grade of 9.47 g/t Au (4,726,000 tonnes) and 515,700 ounces of inferred gold at an average grade of 8.85 g/t Au (1,813,000 tonnes). Additionally, the project hosts an Indicated Resource of 891,600 ounces of silver at an average grade of 5.86 g/t Ag (4,726,000 tonnes) and an Inferred Resource of 390,600 ounces of silver at an average grade of 7.33 g/t silver (1,813,000 tonnes). The mineral resource estimate was prepared by Dr. David R. Webb, Ph.D., P.Geol., P.Eng., with an effective date of July 17, 2024.