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| | Wed May 10, 2006
Grande Portage Resources Ltd. Announces Additional 50 Drill Holes Planned---Borehole EM Survey to be Undertaken on its Merry Widow Massive Sulphide Property
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| | VANCOUVER, BC, May 10, 2006 -- Grande Portage Resources Ltd. (TSX-V "GPG") ("Grande Portage" or "the Company") announces that following an initial review of recently obtained data, it will be initiating another round of drill permitting for an additional 50 drill holes focusing on the Merry Widow area of historic workings, along strike and down dip. These will be designed to help the Company's objective of defining an economic copper-gold-cobalt-silver resource that is NI 43-101 compliant.
To assist in gaining a greater understanding of the skarn related massive sulphide deposition at the Merry Widow project, Grande Portage has contracted SJ Geophysics Ltd. of Delta, BC to design and implement a Borehole EM Survey on the drill holes. This will help determine future drill hole locations and locate additional massive sulphide deposition.
As well, the Company wishes to announce that its has received signed subscription agreements and funds on deposit further to the non-brokered private placement announced on May 1, 2006. This transaction is subject to the acceptance of the TSX Venture Exchange.
ON BEHALF OF THE BOARD OF DIRECTORS
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Alistair MacLennan, President/CEO
About Grande Portage Resources Ltd.
Grande Portage Resources Ltd. is a mineral exploration and development company focused on massive sulphide exploration in British Columbia. Grande Portage is operated by experienced managers and professionals who have been effective in discovery, mine development, and mining operations throughout North and South America, Africa, Europe, and Central Asia.
Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements". The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.
For further information please contact:
Mr. Robin Forshaw
Phone: (604) 685-5851
Website: www.grandeportage.com
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE. |
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