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GPG.V ·

Grande Portage Announces Stock Options

Share Capital & Compensation

#501, 595 Howe Street, Vancouver, BC, V6C 2T5

Ph: (604) 899-0106

Grande Portage Announces Stock Options

VANCOUVER, BC, December 14, 2018 – Grande Portage Resources Ltd. (TSX-V: “GPG”);

(OTCQB: “GPTRF”); (Frankfurt: “GPB”); (“Grande Portage” or the “Company”) announces

that subject to TSX Venture Exchange approval, the Company has granted incentive stock options

to a consultant to purchase up to 500,000 common shares exercisable on or before Dec ember 13th,

2023 at a price of $0.13 per share.

About Grande Portage:

Grande Portage Resources Ltd. is a Tier 2 publicly traded mineral exploration company principally

focused on the Herbert Gold Property situated approximately 25 km north of Juneau, Alaska. The

Company holds a 100% leasehold interest in the Herbert Gold Property, subject to a 5% NSR in

favour of the underlying property owners. The Herbert Gold Property has an amended and restated

NI 43 -101 technical report dated July 12, 2018, effective May 28, 2018, completed with an uncut

Indicated Mineral Resource of 1,107,000 tonnes containing 257,950 oz of gold at 7.25 g/t and uncut

Inferred Mineral Resources of 423,200 tonnes containing 82,200 oz of gold at 6.04g/t, each at a 2.5

gpt cut-off. The system is open to length and depth and is host to at least six main composite vein -

fault structures that contain ribbon structure quartz -sulfide veins. The project lies prominently

within the 160km long Ju neau Gold Belt, which has produced nearly seven million ounces of gold.

The results from the Company’s drilling programs confirm the identification of major elements of a

complex mesothermal gold-quartz system with numerous targets.

ON BEHALF OF THE BOARD

“Ian Klassen”

Ian M. Klassen

President & Chief Executive Officer

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