Grande Portage Files 2022 Drill Plan of Operation at the Herbert GOLD Project IN S.e. Alaska
280 - 1090 West Georgia Street
Vancouver, British Columbia. V6E 3V7
GRANDE PORTAGE FILES 2022 DRILL PLAN OF
OPERATION AT THE HERBERT GOLD PROJECT IN S.E.
ALASKA
VANCOUVER, BC, January 11, 2022 – Grande Portage Resources Ltd. (TSX-V “GPG”); (OTCQB:
“GPTRF”); (Frankfurt: “GPB”); (" Grande Portage" or "the Company") announced today that it has filed its
2022 Plan of Operation for mineral exploration at its Herbert Gold project near Juneau, Alaska.
Subject to regulatory approval, the proposed work schedule for 2022 consists of up to 10,000 meters
diamond drilling with additional detailed mapping and trench sampling to expand previous exploration. The
program will consist of up to two diamond drill rigs utilizing three pads to drill approximately 13 holes.
These holes are planned to test the main mineralized structures at depths to 750 m (plus), while at the same
time, penetrating additional structures at shallower levels. Exploration drilling on the Herbert Gold project
has progressed to the point where the shallower to mid -depth portions of the major veins between the
western and eastern boundary contact faults have been successfully tested over the kilometer strike leng th.
The vein structures and mineralization show no signs of diminishing with depth, therefore it is recommended
that further exploration drilling be extended to the deeper regions of the veins which requires a more
powerful drill capable of drilling 3000-4000 feet deep. Drilling this deep requires that the drill pads be located
further north and eastward because the major veins dip steeply northward and the boundary contact faults
both dip to the northeast. In addition, this allows for comprehensive coverage of the veins at depth from
two or three pads with fan drilling and also means that expensive drill moves are reduced to a minimum.
Besides drilling the deeper portions of the Goat, Main, and Deep Trench veins, one of the Company’s
planned drill sites will test the eastern extension of the Deep Trench, the Floyd and the Elusive Structure,
which remains virtually unexplored to date.
The purpose of this drilling is:
• Demonstrate that the veins are well mineralized to depths extending 2 to 3 times deeper where
the resources have been established, and
• Continue to test eastward extensions of the known veins, and
• Test a poorly exposed section of the property to the north of all known mineralization.
The Herbert Gold Property is host to abundant composite vein -fault structures containing ribbon structure
quartz-sulfide veins and lies prominently within the 100 mile long Juneau gold belt, which has produced
millions of ounces of gold through a total depth range of thousands of feet.
Additional assay results from the 2021 drill program are expected imminently. Assay processing from the lab
has been especially slow this year due to Covid-19 related protocols.
280 - 1090 West Georgia Street
Vancouver, British Columbia. V6E 3V7
- 2 -
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 holds 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 over seven mill ion ounces of
gold. The Company’s updated NI#43 -101 Mineral Resource estimate reported at a base case mineral
resources cut -off grade of 3.0 grams per tonne gold (g/t Au) and consists of: an indicated resource of
1,196,800 ounces of gold at an average gra de of 10.23 g/t Au (3,637,000 tonnes); and an inferred resource of
325,900 ounces of gold at an average grade of 8.91 g/t Au (1,138,000 tonnes), as well as an Indicated resource
of 686,700 ounces of silver at an average grade of 5.87 g/t Ag (3,637,000 tonn es); and an inferred resource of
169,300 ounces of silver at an average grade of 4.63 g/t silver (1,138,000 tonnes).
ON BEHALF OF THE BOARD
“Ian Klassen”
Ian M. Klassen
President & Chief Executive Officer
Tel: (604) 899-0106
Email: [email protected]
www.grandeportage.com
Cautionary Statement Regarding Forward-Looking Information
This news release includes certain "forward-looking statements" under applicable Canadian securities
legislation. Forward-looking statements include estimates and statements that describe the Company’s future
plans, objectives or goals, including words to the effect that the Company or mana gement expects a stated
condition or result to occur. Forward -looking statements may be identified by such terms as “believes”,
“anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward -looking
statements are based on assumptions and address future events and conditions, by their very nature they
involve inherent risks and uncertainties as described in the Company's filings with Canadian securities
regulators. There can be no assurance that such statements will prove t o be accurate, as actual results and
future events could differ materially from those anticipated in such statements. Accordingly, readers should
not place undue reliance on forward -looking statements. The Company disclaims any intention or obligation
to update or revise any forward-looking information, whether as a result of new information, future events or
otherwise, other than as required by law.
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DEFINED UNDER THE POLICIES OF THE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR
ACCURACY OF THIS NEWS RELEASE