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| | Mon Jun 16, 2008
Grande Portage Resources Ltd. Announces Start Of Exploration Program At Pass Property And Merry Widow
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| | VANCOUVER, BC, June 16, 2008 - Grande Portage Resources Ltd. (TSX-V GPG) ("Grande Portage" or "the Company") is pleased to announce the start of its exploration programs for the Pass and Merry Widow Properties for the upcoming 2008 season.
Pass Property
Crews are currently evaluating the snow conditions in the alpine regions of the property where the historic trenches will be cleaned, re-mapped and systematically channel sampled prior to drill testing. During the same visit a camp location will be selected for the grid based soil sampling and magnetometer and VLF-EM surveys on the lower elevations aimed at locating extensions to the known mineralized quartz veins.
It is anticipated that the grid work can begin in a few weeks, followed by the evaluation of the old trenches in early July as a prelude to drilling in late July to early August. As previously announced the Company's sampling program was highly successful. In 2007, 44 rock grab samples were collected from old trenches hosting quartz-sulphide bearing veins.
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.
Merry Widow Property
A prospecting crew has mobilized to the west side of Merry Widow Mountain to evaluate new and highly prospective airborne electromagnetic anomalies revealed by the 2007 airborne geophysical survey. The Company is very encouraged by these anomalies as they appear to be in the contact zone between Quatsino limestone and the Merry Widow pluton, a highly favorable environment for skarn mineralization exactly like that of the past producing Merry Widow open pit and the underground operations at the Coast Copper and Benson Lake mines.
The intensity and length of the anomalies is significantly greater than those outlined by the 2006 airborne survey that encompassed the past producing open pit and underground mines. If the prospecting crews are successful then grids will be established over the anomalies for subsequent ground-based geologic mapping, sampling and geophysical surveys prior to preliminary drill testing.
A late summer or early fall drill program is planned for the Merry Widow open pit area to expand the currently defined geological resource; an initial 2,000 to 3,000 metres is planned on 50 metre spaced holes. If these are successful infill drilling will be completed to expand the 43-101 compliant resource calculation.
Wes 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: Wed Jul 23, 2008, Grande Portage Resources Ltd. Announces Updates
You can view the Previous News Releases item: Mon Apr 14, 2008, Grande Portage Resources Ltd. Retains Global Opportunities AG to Provide Investor Relations in Europe
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