Grande Portage Resources Announces 1.9 Meters (6.23 FT) Grading 10.50 Gpt/GOLD
#501-595 Howe Street, Vancouver, BC, V6C 2T5
Ph: (604) 899-0106
GRANDE PORTAGE RESOURCES ANNOUNCES 1.9 METERS (6.23 FT)
GRADING 10.50 GPT/GOLD
VANCOUVER, BC, November 22 , 201 7 – Grande Portage Resources Ltd. (TSX -V: GPG) ("Grande
Portage" or "the Company") announces further assay results from its 2017 drill program. This part of the
program consisted of 4 holes from two platforms, U and Y pads, for a total length of 1757 meters. Additional
geological mapping and sampling was conducted to the east and north of the vein system . Drill hole 17Y -2
intersected the Deep Trench Vein over 500 meters below the surface exposure of the vein, which is 250
meters deeper than any prior drilling and hit 0.95 m showing 12.35ppm Au. The Main Vein system was also
intersected about 120 meters deeper than any earlier testin g. Drilling to date has discovered no depth
limitations to the mineralized structures of the Deep Trench, Main, or the Goat Veins.
The drilling results further validate the continuity of the Main Vein System and Deep Trench Vein structures.
Both of these drill pads were situated south of the Goat Vein structure but north of the Main Vein system
and the Deep Trench vein, with the four drill holes aimed to the south to intersect those veins at greater
depths than any previous drilling. The primary veins were intersected in the predic ted locations, but perhaps
more importantly the drilling intersected numerous subsidiary veins and splits off the main structures which
locally showed very strong values. The significance of these intersections of well -mineralized satellite
structures is that with further delineation drilling focused on these structures, many more minable ounces of
gold could be developed. The Goat Vein also has similar associated satellite structures with strong Au values
(30ppm Au in 17K-1, 57.61-57.91m).
To date, drilling has shown that the chief vein structures, mainly the Deep Trench, Main, and Goat are in
general very predictable and will almost always have values above 2 gpt Au (our lower minable re source
cutoff grade) but will locally develop extremely high grade regions of significant size. A summary of
mineralized intervals of the drilling on the Main and Deep Trench Veins is shown in the table below.
Weighted
Hole From To Intrvl. Average
Name (m) (m) (m) Au,gpt Description
17U-1 169.16 172.32 3.16 2.85 Main Vein
17U-1 438.73 439.62 0.89 2.23 Deep Trench Vein
17U-2 128.47 129.54 1.07 2.47 Ridge Vein, F.W. satellite
17Y-1 48.25 50.15 1.90 10.50 North Split, Main Vein
17Y-1 90.83 94.90 4.07 1.03 Main Vein
17Y-1 268.93 270.28 1.35 5.94 D. T., H.W. satellite
17Y-1 384.33 387.75 3.42 2.22 D.T., F.W. satellite
17Y-1 397.00 397.76 0.76 3.58 Metasediments
17Y-2 60.83 61.95 1.12 3.35 North Split, Main Vein
17Y-2 115.00 120.06 5.06 2.83 Main Vein
17Y-2 126.52 127.75 1.23 3.00 Main Vein
17Y-2 324.61 325.43 0.82 3.35 D. T., H.W. satellite
17Y-2 494.41 497.20 2.79 5.71 Deep Trench
#501-595 Howe Street, Vancouver, BC, V6C 2T5
Ph: (604) 899-0106
- 2 -
Ian Klassen, President of the Company remarked, “This season’s drilling and field mapping has considerably
expanded the known extents of the Goat Vein system and deepened our testing of the Main and Deep
Trench veins and demonstrated the need for exploration drilling for similar parallel structures to the north
and south of the existing drilling. Limited drilling designed to subsidiary structures will also be beneficial.”
Carl Hale, CPG, a geologist with more than 40 years of experience is the Q.P. for this release within the
meaning of NI 43-101 and has reviewed the technical content of this release and has approved its content.
About Grande Portage Resources Ltd.
Grande Portage Resources Ltd. is a publicly traded mineral exploration company principally 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 has a NI 43 -101 technical report completed
with indicated resources of 821,100 tonnes containing 182,400 oz of gold at 6.91 g/t. Inferred resources of
51,600 tonnes containing 12,800 oz of gold at 7.73 g/t. The system is open to length and depth and is host
to at least six m ain 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. Grande Portage conducted an initial drill program in the fall of 2010. The results from the
drilling program confirm the identification of major elements of a complex mesothermal gold -quartz system
with numerous targets. Subsequently, the Company has conducted follow up drill programs of with a t otal of
108 diamond drill holes from ten different platform locations.
ON BEHALF OF THE BOARD OF DIRECTORS
________________________________________
Ian Klassen, President
For further information please contact:
Mr. Ian Klassen
Phone: (604) 899-0106
Email: [email protected]
Website: www.grandeportage.com
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