Jul 19, 2010
Grande Portage Resources Ltd. Begins Mobilization for Drill Program
VANCOUVER, BC, July 19, 2010 - Grande Portage Resources Ltd. (TSX-V GPG) ("Grande Portage" or "the Company") is pleased to announce that it has begun mobilization for its upcoming drill program at its Herbert Glacier gold-in-quartz vein project.
Drilling is slated to commence on or about August 1, 2010. The project is in the Juneau Gold Belt approximately 30km (18mi) NNW of Juneau, Alaska, and 42km (26mi) SSE from the Kensington Mine which has just announced commercial production of gold. The Herbert Glacier project is about 8 km (5mi) east of the Glacier Highway and will be helicopter supported.
Grand Portage has engaged Core One Enterprises LLC to conduct the approximate 2500m (8000ft) drill program. The Company expects to drill multiple holes from five-seven drill platforms sited from the results of the 2007 geologic and geochemical survey conducted by Quaterra Resources and historic drilling (1986 and 1988) as modified to account for rugged terrain. From six to nine NQ holes will be drilled from each platform in horizontal and vertical fan patterns mostly in the depth range of 150-230m (500-750ft). The targets are ribboned gold-in-quartz veins, Mesothermal type, that range from less than a meter to more than 3 meters thick. Main veins strike from about E to N 80 degrees E and dip from about 65 to 85 degrees northerly.
In addition to visible free gold the veins contain small concentrations of arsenopyrite, pyrite, galena, sphalerite, and scheelite. Main vein structures tend to have sharp footwalls and complex hanging walls with subsidiary veins. Of more than six veins identified so far, the Main or No.1, Deep Trench, and North are targeted for exploration in 2010. Only the Main Vein has been drilled previously. Initial targets are on the Main Vein and will be drilled, at least, from Drill Pads nos. 1 and 2 (see below):
APPROXIMATE DRILL PAD LOCATIONS,
HERBERT GLACIER PROJECT, JUNEAU GOLD BELT
The fan drill pattern is expected to test the vein on horizontal spacing of about 50m and slightly less than this vertically. The close spaced pattern is designed, if successful, to allow identification of Geologic Resources in the Indicated to Measured classes.
Carl Hale, CPG, a geologist of more than 40 years experience, will direct the field program and will act as the qualified person as that term is defined under NI 43-101. Mr. Hale will be backed up by C. C. Hawley, Ph.D., CPG of Hawley Resource Group, Inc. and Alaska Earth Sciences, Inc. of Anchorage, Alaska.
ON BEHALF OF THE BOARD OF DIRECTORS
Ian Klassen, President
For further information please contact:
Mr. Ian Klassen
Phone: (604) 899-0106
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.
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