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| | Mon Mar 3, 2008
Grande Portage Resources Ltd. Announces High-Grade Gold, Silver, Lead Zinc Assays from the Pass Property
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| | VANCOUVER, BC, March 3, 2008 - Grande Portage Resources Ltd. (TSX-V GPG) ("Grande Portage" or "the Company") is pleased to announce that it has received the results from 44 rock samples collected from old trenches hosting quartz-sulphide bearing veins on the Company's Pass Property, near Smithers, B.C. The grab samples were collected from various trenches to confirm the high-grade results previously reported.
The sampling program was highly successful. All of the samples reported gold, to a high of 72.95 g/t. Of the 44 samples collected 13 reported in excess of 5.0 g/t gold including 6 samples exceeding 20 g/t gold. Silver values were consistently anomalous with 6 samples reporting in excess of 100 g/t silver, to a high of 365 g/t silver. Copper, lead and zinc were similarly anomalous with highs of 11.13% copper, 29.0% lead and 20.14% zinc.
Assaying was done by Acme Labs, at their facility in Vancouver, B.C. Gold was determined by fire assay of a 30-gram pulp. Silver, copper, lead and zinc analysis was by hot Aqua Regia digestion on a 1 gram split by ICP-ES analysis, a method suitable for high-grade ores.
The Company is currently planning an exploration program to follow-up on these results. This work will include grid-based soil sampling and ground geophysics (Mag and EM) to expand the area of known mineralization and to test the geophysical signature over the trenches. In addition the trenches will be remapped and all available data compiled prior to drill testing of the property.
Drilling will comprise approximately 2000 metres in 10-15 holes to test the strike and downdip continuity of the vein. It is anticipated that work will commence in May, after spring breakup and when the snow levels have melted from the higher, alpine regions of the property.
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
Email: ian@grandeportage.com
Website: www.grandeportage.com
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 |
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| | You can view the Next News Releases item: Fri Mar 28, 2008, Grande Portage Resources Ltd. Announces Expansion Encompassing Pass Property
You can view the Previous News Releases item: Thu Jan 17, 2008, Grande Portage Resources Ltd. Announces Underground Water Quality Results BC Ministry of Energy and Mines Notice of Work to be Filed
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