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Grande Portage Resources Announces Incentive Share Options

Corporate Updates

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

Ph: (604) 899-0106

GRANDE PORTAGE RESOURCES ANNOUNCES INCENTIVE SHARE OPTIONS

VANCOUVER, BC, FEBRUARY 23, 2018 – Grande Portage Resources Ltd. (TSX -V GPG) (" Grande

Portage" or " the Company") is pleased to announce that subject to TSX Venture Exchange approval, the

Company has granted incentive stock options to various directors, officers and consultants to purchase up to

1,500,000 common shares exercisable on or before Feb 23, 2023 at a price of $0.15 per share.

About Grande Portage Resources Ltd.

Grande Portage Resour ces Ltd. is a Tier 2 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 h ost 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. Grande Portage condu cted 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 total of 108 diamond drill holes from ten different platform locations.

The Herbert Gold Property is host to abundant composite vein -fault structures containing ribbon structure

quartz-sulfide veins and lies prominently within the 10 0-mile long Juneau gold belt, which has produced

nearly seven million ounces of gold through a total depth range of thousands of feet.

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

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