Grande Portage Resources’ (TSXV: GPG) New Amalga gold project has taken longer to come together than many investors may have expected, but timing matters in mining. With gold prices much higher, investor appetite shifting, and direct ship ore models now far more accepted than they were a few years ago, this Alaska gold story may finally be moving at the right moment.
In this video, we break down the new PEA for New Amalga, including the proposed underground mine plan, direct ship ore strategy, projected production, capital costs, operating costs, and overall project economics. We also look at why this project may have been early in a different market, and why changing conditions could now make it a much more relevant gold development story.
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