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Canadian junior miners Grande Portage and GR Silver announce financing and leadership updates
Grande Portage Resources Ltd. completed a C$6 million equity financing with Ocean Partners UK Limited, issuing units composed of common shares and half‑share warrants at C$0.45 per unit. Net proceeds will fund exploration, permitting, and working capital for the New Amalga gold project in the Juneau Gold Belt, Alaska.
GR Silver Mining Ltd. named Eric Zaunscherb as President and Chief Executive Officer following the unexpected death of founder Márcio Fonseca. Zaunscherb, who previously served as CEO, highlighted ongoing results from a 20,000‑meter drilling program at the Plomosas silver project on the Sinaloa‑Durango border in Mexico and outlined plans for a resource update and preliminary economic assessment within the next year.