Gold Port Corporation Chooses Jaisingh's for Road Access
Gold Port Corporation Engages Jaisingh's for Construction
Gold Port Corporation (CSE: GPO, OTCQB: GPOTF) has taken a major step towards advancing its Groete Gold Copper Project by selecting Jaisingh's Equipment Rental (JER) for the vital task of constructing access roads. This collaboration reflects the company's dedication to ensuring smooth operations and enhancing the overall infrastructure necessary for forthcoming exploration activities.
Project Overview and Infrastructure Plans
The construction will involve approximately 13 kilometers of dirt road access, which is critical in facilitating access for future mining operations. This project will also encompass the building of essential bridges and drainage systems to promote efficient water management along the route.
Importance of Accessibility
Creating proper access routes is a fundamental component of resource extraction operations. Efficient transportation routes not only ensure vehicles and machinery can navigate the site effectively, but they also minimize delays in project timelines. Timely access can significantly enhance the productivity and safety of operations.
New Equipment and Upcoming Drilling Program
Following the completion of the site access construction, Gold Port plans to deploy its new MP Power track-mounted core rig to kick off a drilling program aimed at further investigating the mineral resources within the Groete site. This step is crucial in assessing the quantity and quality of gold and copper reserves in the area.
About Gold Port Corporation
Gold Port Corporation, known under stock ticker GPO, is focused on the continued exploration and development of its wholly-owned Groete Gold Project. Positioned in South America, this project aims at upgrading an NI 43-101 defined gold deposit into a higher grade, lower tonnage resource. Previously explored in 2012, the project indicated an Inferred Mineral Resource of 1.57 million gold equivalent ounces within 74 million tonnes, reflecting the company's potential in the market.
Investment Potential
The calculations for this resource are based on assumptions including a gold price of US$1,275 per ounce and a copper price of US$3.00 per pound. With the right data and continued advancements, Gold Port aims to tap into this potential, which could significantly increase shareholder value over time.
Board of Directors' Vision
Under the leadership of Adrian F. C. Hobkirk, President and CEO, Gold Port Corporation is poised to make substantial strides in its exploration efforts. The company’s proactive approach in securing contractors like JER showcases its commitment to operational excellence and strategic growth.
Contacting Gold Port Corporation
For further inquiries or detailed information about Gold Port's initiatives, interested parties can reach out via email at info@goldportcorporation.com or visit the official website at www.goldportcorporation.com. Additionally, all inquiries can be directed to their office at T: 954-684-8040.
Frequently Asked Questions
What is the purpose of the road construction by Jaisingh's?
The road construction is essential for facilitating access to the Groete Gold Copper Project for ongoing exploration and mining operations.
What is the current status of the Groete Gold Project?
The Groete Gold Project is focused on upgrading its NI 43-101 resource to a higher-grade, lower tonnage resource, with significant exploration plans ahead.
How does Gold Port Corporation plan to enhance its mineral resources?
Gold Port plans to utilize advanced drilling techniques with their new MP Power track-mounted core rig to gain more insights into the resource potential.
Who is in charge of Gold Port Corporation?
Adrian F. C. Hobkirk currently serves as the President and CEO, overseeing the strategic direction of the company.
How can the public reach Gold Port Corporation for more information?
Interested individuals can contact Gold Port via email at info@goldportcorporation.com or by visiting their website at www.goldportcorporation.com.
About The Author
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