04:01:58 EDT Fri 24 Apr 2026
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Gold Port Corp
Symbol GPO
Shares Issued 68,630,359
Close 2026-04-23 C$ 0.125
Market Cap C$ 8,578,795
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Gold Port renews mining permit for Groete

2026-04-23 20:53 ET - News Release

Mr. Adrian Hobkirk reports

GOLD PORT RENEWS GROETE PROJECT MINING PERMIT; ADVANCES CAMP RECONSTRUCTION

Gold Port Corp.'s 100-per-cent-owned claim group comprising the Groete gold-copper project (three mining permits totalling 1,384 hectares) has been renewed for the ensuing year by the Guyana Geology and Mines Commission.

The project is strategically located 64 kilometres west-southwest of Georgetown, the capital of Guyana, and 11 kilometres west of the Essequibo River, a major transportation route in the country.

Camp reconstruction and site preparation

The camp facility at the Groete Creek gold-copper project is undergoing reconstruction. The crew and facility buildings are being rebuilt and resupplied with new equipment, including generation, refrigeration and food preparation. All heavy equipment on site has been repaired and serviced.

The program is to prepare the site to support the construction of a road to the Manaka access point about eight miles north of the project site. A new multipower diamond core rig is being commissioned in preparation for transport to the camp site upon completion of the road system.

About Gold Port Corp.

Gold Port is focused on the further exploration and development of the 100-per-cent-owned Groete gold project, located in Guyana, South America. Exploration began in 2012 and included a follow-up drill program that allowed the January, 2019, calculation of an inferred mineral resource of 1.57 million gold-copper equivalent ounces (approximately 1.1 million gold ounces and 195 million pounds of copper are contained within 74 million tonnes). The inferred mineral resource has a gold grade of 0.49 gram per tonne and a copper grade of 0.12 per cent, for a grade of 0.66 gram per tonne gold equivalent. A cut-off grade of 0.25 gold equivalent gram per tonne, a gold price of $1,275 (U.S.) per ounce and a copper price of $3 (U.S.) per pound were 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.

William Feyerabend, a consulting geologist and qualified person under National Instrument 43-101, participated in the writing of, has reviewed and has approved of the technical disclosure contained in this press release.

We seek Safe Harbor.

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