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| | Mon Jun 21, 2010
Grande Portage Resources Ltd. Announces Update
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| | VANCOUVER, BC, June 21, 2010 - Grande Portage Resources Ltd. (TSX-V GPG) ("Grande Portage" or "the Company") is pleased to announce that it has engaged Core One Enterprises LLC. Of Delta, Colorado to conduct its upcoming drilling program at the Herbert Glacier mesothermal gold vein project in Alaska this summer.
The claims host six main composite vein-fault structures that contain ribbon structure quartz-sulfide veins. The structures strike east-west and dip steeply, mostly to the north. Only one of the six known vein systems was drilled in 1986 and 1988. All six structures locally have high-grade gold-quartz mineralization and are recommended to be drill tested.
Commencing in early August, the Company will drill (using NQ core) between 4500 feet and 7000 feet from approximately six drill sites to further test possible ore-shoots in vein no. 1 identified in historic drilling and begin to test the underground potential of several other veins found to be strongly enriched gold-bearing in surface studies done in 2007.
As well, the Company wishes to indicate that is fully financed for the 2010 and 2011 drill seasons as per its recently announced option agreement.
Wes Raven, P. Geo. a qualified person as that term is defined under NI 43-101, has reviewed the technical information contained in this news release.
ON BEHALF OF THE BOARD OF DIRECTORS
Ian Klassen, President
For further information please contact:
Mr. Ian Klassen
Phone: (604) 899-0106
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.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS THAT TERM IS DEFINED UNDER THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE |
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| | You can view the Next News Releases item: Mon Jul 19, 2010, Grande Portage Resources Ltd. Begins Mobilization for Drill Program
You can view the Previous News Releases item: Thu Jun 17, 2010, Grande Portage Resources Ltd. Signs Agreement to Explore the Herbert Glacier High Grade Gold Project in Alaska
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