Article

Grande Portage Resources Ltd. is progressing on transportation infrastructure for its New Amalga Gold property in Southeast Alaska. The company has applied for a State of Alaska road easement covering one-third of the required road development.

This application has reached the adjudication stage at the Department of Natural Resources. A contract for an archeological survey is set for early spring 2026. The easement will facilitate mine access road construction and establish a helicopter staging area closer to the project site.

Additionally, progress is underway for an ore barge dock at Cascade Point, following a Letter of Intent with Goldbelt, Inc. A US$28.5M contract for the ferry terminal project has been awarded, and a US$1.3M contract for hydropower infrastructure has been signed. The New Amalga project has an Indicated Resource of 1,438,500 ounces of gold at an average grade of 9.47 g/t Au and a smaller Inferred Resource of 515,700 ounces at 8.85 g/t Au.