Grande Portage Announces Trenching & Channel Sample Assays Confirming the Continuation of Main Vein’s Mineralized Gold Structure by over 265 Meters
#280-1090 West Georgia Street, Vancouver, BC, V6E 3V7
Ph: (604) 899-0106
Grande Portage Announces Trenching & Channel Sample Assays Confirming the
Continuation of Main Vein’s Mineralized Gold Structure by over 265 Meters
VANCOUVER, BC, October 9, 2019 – Grande Portage Resources Ltd. (TSX-V: “GPG”); (OTCQB:
“GPTRF”); (Frankfurt: “GPB”); (“Grande Portage” or the “Company”) is pleased to announce the first
results from its field program at the Herbert Gold Project near Juneau, Alaska.
The program consisted of trenching and channel sampling on the Main Vein , its North Strand , and on the
Deep Trench Vein. Two of the channel samples were submitted to the laboratory for metallurgical testing. In
addition to sampling known veins, comprehensive geologic mapping, sampling, and prospecting was focused
on new areas where the Company’ s recent LiDAR survey revealed numerous structures which could be
targets for additional discoveries of mineralized veins.
One of the samples from the Deep Trench Vein was cut near the central portion of the E -W striking, steeply
N-dipping quartz vein, and showed 5.0 3 g/t gold over 0.46 meters true width , or if sheared wallrock is
included with the quartz vein it returned 2.48 g/t gold over 2.54 meters true width. The second area sampled
on the Deep Trench lies near the western end of the structure and was taken for the purposes of metallurgical
testing. Preliminary results on this sample consist of a fire assay returned values of 18.09 g/t gold and 10 g/t
silver over a true width of 1.65 meters.
Three channel samples were cut on the Main Vein , one of which also had a bulk sample removed from the
surface exposure. The western most sample contained 8.217 g/t gold over 1.64 meters. The central sample
returned 6.06 g/t gold over 1.26 meters and the third sample, which was removed approximately 265 meters
east of the furthest west sample, returned 1.636 g/t gold over 2.51 meters using a weighted average. The
North Strand of the Main Vein was also sampled by channels in two locations . The western sample showed
15.32 g/t gold over 1.79 meters and the second, about 140 meters to the east, assayed 5.27 g/t gold over 1.58
meters which includes 0.33 meters of 24.54 g/t gold.
Ian Klassen, Company President remarked “The parallel quartz vein structures located at the Herbert
continue to confirm a pervasiveness o f gold bearing quartz. These assay results will be tabulated and
incorporated in our next mineral resource estimate”
Samples were analyzed by, Bureau Veritas Labs, an independent lab in Richmond, B.C., with the more highly
mineralized intervals processed using the metallic screening and fire assay method which assures no coarse
gold is missed in the analysis.
The qualified person for this news release is Mr. Carl Hale, P.Geo. Mr. Hale is a Qualified Person as defined
by NI 43-101, and is responsible for the technical content of this press release.
#280-1090 West Georgia Street, Vancouver, BC, V6E 3V7
Ph: (604) 899-0106
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About Grande Portage:
Grande Portage Resources Ltd. is a publicly traded mineral exploration company focused on the Herbert
Gold discovery situated approximately 25 km north of Juneau, Alaska. The Company h olds a 100% interest
in the Herbert property. The Herbert Gold property 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 Juneau Gold Belt, which has produced nearly seven million ounces of
gold. The Company’s recent Mineral Resource estimate is quoted at a base case mineral resources cut -off
grade of 2.50 grams per tonne gold (g/t Au) and consists of: an indicated resource of 606,500 ounces of gold
at an average grade of 10.03 g/t Au (1,880,500 tonnes); and an inferred resource of 251,700 ounces of gold at
an average grade of 14.15 g/t Au (553,429 tonnes).
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