Jun 21, 2011
Grande Portage Resources Ltd. Starts Drilling Operations at Herbert Glacier Gold Target
VANCOUVER, BC, June 21, 2011 - Grande Portage Resources Ltd. (TSX-V GPG) ("Grande Portage" or "the Company") is pleased to announce that it has commenced drilling operations at its mesothermal vein Herbert Glacier gold project near Juneau, Alaska.
Grande Portage plans to drill at least 3300 meters from approximately 22 holes drilled from 8 different platforms which will test up to four separate major veins and their satellitic structures. The 2011 drill program is a continuation of last year's project which tested multiple gold-quartz veins of the Herbert Glacier system with encouraging results.
The first drill setup will be to the west end of the Main vein. Once drilling is completed crews will move to drill test the west end of the Deep Trench vein. The Deep Trench vein is an extremely attractive target that has strong surface expression and analyses. In addition, one of the most encouraging areas that the Company will drill is the Goat Creek structure located several hundred meters north of the Main vein. This area has not yet been drilled but shows a very strong surface expression parallel to the Main vein and the Deep Trench vein. The Goat Creek has very high-grade showings in the host quartz diorite on both sides of the structure.
In 2010 Grande Portage entered into an agreement with Quaterra Resources Inc. (TSX-V: "QTA", NYSE Amex: "QMM") wherein GPG has the right to earn a 65% interest in the Property and the Lease by incurring Expenditures on the Property of not less than USD$1,250,000 on or before June 15, 2012. GPG intends to earn its 65% during this summer's drilling program.
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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