on Grande Portage Resources Limited (isin : CA38655P2017)
Grande Portage Advances Ore Shipping Infrastructure in Alaska
Grande Portage Resources Ltd. has announced significant advancements for its proposed ore shipping terminal at Cascade Point, near Juneau, Alaska. The Alaska Department of Transportation & Public Facilities is initiating infrastructure developments, including plans for a new passenger ferry terminal at the site.
This strategic location, owned by Goldbelt Inc., is pivotal for transporting ore from Grande Portage's New Amalga Gold Project. A partnership between Goldbelt and Grande Portage aims to develop a freight barge terminal, enhancing local economic benefits and creating job opportunities.
The State of Alaska's involvement in the ferry terminal facilitates necessary infrastructure for the ore terminal, such as a new access road and bridge, reducing future development costs and timeframes.
R. E.
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