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Grande Portage Resources ( (TSE:GPG) ) has shared an announcement.
Grande Portage Resources has initiated testwork for a sensor-based ore sorting system at its New Amalga Mine Project, aimed at improving the efficiency of its mining operations. This technology could significantly reduce transportation and processing costs by minimizing waste rock, enhance the mine’s operational footprint, and potentially allow for the inclusion of thinner veins in the mining plan, providing strategic advantages in the company’s direct-ship mine configuration.
More about Grande Portage Resources
Grande Portage Resources Ltd. is a mining company primarily focused on developing gold mining operations. The company is involved in the New Amalga Mine Project near Juneau, Alaska, and is exploring innovative technologies to optimize its mining processes.
YTD Price Performance: -5.00%
Average Trading Volume: 93,962
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: C$23.25M
Find detailed analytics on GPG stock on TipRanks’ Stock Analysis page.
