Grande Portage signs gold offtake agreement for Alaska’s New Amalga
The Ocean Partners agreement could cover up to 100% of output during the first seven operating years.
Event / data period: 2026-10-01
Published: · Updated:
Grande Portage Resources said on October 1 that it had signed a definitive commercial agreement to sell production from its New Amalga gold project in Alaska to Ocean Partners. Subject to a minimum-tonnage requirement and other conditions, the agreement may cover up to 100% of production during the first seven years of commercial operation.
The company said the agreement sets metal payabilities and deductions across product grades for use in economic studies. A separate US$25 million revolving credit facility still requires confirmatory due diligence and final legal documents, so it is not completed financing.
Data
Coverage of the New Amalga gold offtake agreement
Source-stated production cap and initial operating term covered by the agreement.
- Maximum share of New Amalga output covered by agreement
- ≤100 percent
- 2026-10-01 · Target
- Length of initial commercial-operation period
- 7 years
- 2026-10-01 · Target
Methodology
The 100% ceiling and seven-year period are subject to minimum tonnage and other conditions; they are not completed sales.
Updated:
Subjects and places
Subject proposals
- Business enterpriseSuggested
- Preserved editorial category/topic; broad candidate onlygrandeportage.com ↗
- OceanSuggested
- Subject suggested from the title or summary: Oceangrandeportage.com ↗
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- United States · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
- Explicit preserved editorial country/region; no city or national centroid inferredgrandeportage.com ↗