Gold Port Advances Access Strategy at Groete Gold Copper Project
Gold Port Advances Access Strategy at Groete Gold Copper Project
February 27, 2026 / British Columbia / Gold Port Corporation (CSE: GPO | OTCQB:
GPOTF) ("Gold Port" or the "Company") is pleased to provide a corporate update.
The Company had previously identified and announced a contractor and had previously
announced the construction of the road access to the Gro ete Gold Copper project located in
Guyana S.A. The program requires the completion of approximately 13 kilometers of dirt
road access including some bridge and drainage construction. After several attempts and
additional issues with the project, the Company has decided to pivot and purchase heavy
equipment and complete the road development with existing staff. The effort will require an
excavator and other heavy equipment which will also be key equipment during the drill
program on site. The equipment acquisition is being completed, and road work is expected
to begin in the immediate future.
Upon road completion, the camp will be re -structured using Company owned modular
system currently in storage in Guyana. With the camp completed, a Company owned MP
Explorer track mounted core rig will be moved to site to initiate a drill program.
Company President and C.E.O. Adrian F. C. Hobkirk is quoted: “After consideration of existing
proposals and ongoing issues with the previously announced construction, management
determined the most cost and time-effective approach is to conclude an equipment purchase
and have the Company complete the access road. The new heavy support equipment will be
vital to the successful completion of the upcoming drill program.”
About Gold Port Corporation
Gold Port Resources Corporation (GPO) is focused on the further exploration and
development of the 100% owned Groete Gold Copper Project (the “Project”), located in
Guyana, South America. The current focus of the Company is to enhance the NI 43 -101
inferred gold copper resource defined at the Project to a higher resource classification, and
to potentially expand the total mineral inventory. The Project was last explored in 2012,
which included a drill program that allowed the calculation of an Inferred Mineral Resource
of 1.57 million gold equivalent ounces (gold plus copper) within 74 million tonnes, at a grade
of 0.66 grams per tonne gold copper equivalent. A cut- off grade of 0.25 gold equivalent
grams per tonne, a gold price of US$1,275 per ounce and copper price of US$3.00 per pound
was used in the calculation of the Inferred Mineral Resource. Details of the Mineral Resource
are contained in a National Instrument 43 -101 report titled, Technical Report and Updated
Mineral Resource Estimate on the Groete Gold Copper Deposit, Groete Property, Guyana, South
America by P&E Mining Consultants Inc., dated April 16, 2019, available on SEDAR and the
Company website at www.goldportcorporation.com.
On behalf of the Board of Directors
Adrian F. C. Hobkirk
President, CEO and Director
T: 954-684-8040
W: www.goldportcorporation.com
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