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Highlights
- Gold Port Corporation is progressing development plans at the Groete Gold Copper Project.
- Existing inferred resource stands at 1.57 million gold equivalent ounces
- Private placement raised $1.5 million to fund project advancement
- Drill program and camp setup planned following road completion
Gold Port Corporation (CSE:GPO | OTCQB:GPOTF) has been gaining notable market attention, with its share price rising approximately 91.67% over the past year and 43.75% over the past six months, as of March, 25 2026. The momentum comes as the company advances plans at its 100%-owned Groete Gold Copper Project in Guyana, South America. With exploration activities set to resume after a long gap and infrastructure work moving forward, the company is positioning itself to both upgrade its existing resource and expand its mineral inventory.
Project Background
The Groete Gold Copper Project, located in Guyana, remains the company’s primary asset. The project covers full mining permits on three claims that comprise 1,384 hectares. The project area is close to infrastructure, ports and major cities.
Exploration activities at the site last took place in 2012, resulting in an inferred mineral resource of 1.57 million gold equivalent ounces within 74 million tonnes, at a grade of 0.66 grams per tonne gold copper equivalent.
The current objective is to upgrade this inferred resource to a higher classification while also exploring opportunities to expand the overall mineral inventory.
Road Development Strategy
To support upcoming exploration, the company had previously engaged a contractor to construct approximately 13 kilometres of dirt road access, including bridges and drainage systems. Following delays and challenges, management has decided to change its approach.
The company will now acquire heavy equipment, including an excavator, and complete the road construction internally using its own team. This equipment is expected to also support future drilling operations. Road construction is anticipated to begin shortly.
Preparation for Drilling
Once road access is completed, the company plans to re-establish its on-site camp using modular infrastructure already stored in Guyana. This will be followed by mobilising a company-owned MP Explorer track-mounted core rig to commence drilling.
The planned drilling program is intended to confirm and expand the existing resource and test additional exploration targets located to the east and west of the current deposit.
Funding and Forward Plans
In December 2025, the company completed a non-brokered private placement, raising gross proceeds of $1.5 million through the issuance of 20 million units priced at $0.075 each. These funds are allocated toward advancing the Groete Project.
For 2026–2027, the company plans to:
- Complete a confirmation and expansion drill program
- conduct metallurgical testing
- deliver an upgraded resource estimate
- advance toward a Preliminary Economic Assessment.
Shares of GPO last traded at CAD 0.12 on March 25, 2026.
