Jan 17, 2008
Grande Portage Resources Ltd. Announces Underground Water Quality Results BC Ministry of Energy and Mines Notice of Work to be Filed
VANCOUVER, BC, January 17, 2008 -- Grande Portage Resources Ltd. (TSX-V GPG) ("Grande Portage" or "the Company") is pleased to announce that it has received the final draft of the Wardrop Engineering study entitled "Merry Widow Project Mine Water Sampling Report."
The Report confirms that mine water quality meets the BC Final Effluent Quality Guidelines, which indicates that it will be possible to discharge the mine water to the receiving environment without requiring treatment beyond settling for control of suspended solids. Given this finding, Grande Portage has directed Wardrop to develop a conceptual engineering plan for dewatering the underground workings. This plan will determine the quantity of mine water to be removed and the length of time necessary to initially dewater the underground workings as well as the continued pumping rate necessary to keep the workings dewatered during the underground exploration program. This plan, along with the mine water quality data, will be used by Wardrop to develop the necessary applications for regulatory approval, including a Notice of Work for the underground exploration program.
The permitting process will involve several regulatory agencies, both provincial and federal and the Company will continue to engage Wardrop Engineering to make the necessary permit applications and to manage the dewatering program. It is estimated that the permitting process will be a minimum of 6 months. The Company will treat this permit application process separately from the surface exploration program in order to not delay the planned drilling programs slated for 2008.
Wardrop officials spent time inspecting the underground decline and gathered numerous water samples. Samples related to the Old Sport Horizon include 2 samples from the underground workings, 1 sample from the 5549 adit, and 2 samples from the Benson River; upstream and downstream of the mine workings. Additional samples from the area include 1 from the Merry Widow open pit, 1 from the Kingfisher pit, 1 and 1 from a creek that transects the Bluebird 1 and Bluebird 2 zones. The samples were tested for acidity and suspended metals content as preliminary steps towards the Company's goal of obtaining a permit to dewater the underground workings and evaluate both the existing resource and to explore for strike extensions of the Old Sport Horizon. The samples from outside the underground workings will form part of the overall baseline environmental studies.
Grande Portage has been exploring the Merry Widow project under the premise that there exists significant remaining tonnage at the old open pits peripheral to the magnetite zones and in the Old Sport Horizon either along strike extensions or within the old workings. Substantial amounts of mineralized skarn material remain untested.
Wesley Raven, P. Geo., is the qualified person for this project and has reviewed and verified the contents of this news release.
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. The Company is well financed with no long term debt. More information is available online at www.grandeportage.com
ON BEHALF OF THE BOARD OF DIRECTORS
Alistair MacLennan, Chairman
For further information please contact:
Mr. Ian Klassen
Phone: (604) 290-5762
Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements". Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE