Grande Portage Resources Announces the Completion of Its 2017 Drill Program at the Herbert GOLD Project with a Continuation of Visible GOLD Encountered IN Core
#501-595 Howe Street, Vancouver, BC, V6C 2T5
Ph: (604) 899-0106
GRANDE PORTAGE RESOURCES ANNOUNCES THE COMPLETION
OF ITS 2017 DRILL PROGRAM AT THE HERBERT GOLD PROJECT
WITH A CONTINUATION OF VISIBLE GOLD ENCOUNTERED IN CORE
VANCOUVER, BC, October 5, 2017 – Grande Portage Resources Ltd. (TSX -V GPG) ("Grande Portage"
or "the Company") is pleased to announce that it has now completed twelve hole s and 3700 metres of its
recent “step-out” (all beyond the limits of the existing resource) drill program. ICP fire assays from ALS
Canada Ltd. are pending and are expected to be received by the company shortly and continue through to the
end of November . In addition to the normal fire assays and ICP multi -element analyses, the Company has
also ordered 78 metallic scree n samples where visible gold was noted, to capture coarse gold which might
otherwise be lost during processing.
This drill program is a continuation of the Herbert Gold discovery and will be a multiphase/multi -year
exploration program. The recent program was designed to extend testing of three separate major veins and
their satellite struct ures and further develop grade tonnage with exceptional previous drill results such as:
11E-2 which graded 37.07 gpt/gold over 15.27 metres; 311A which graded 5 9.91gpt/gold over 8.08 metres;
and 11D -1 which graded 72.3 gpt/gold over 3.05 metres. (Please refer to www.grandeportage.com for all
previous drill results.)
Project geologists are extremely encouraged by visual inspection of the core from all 4 of the dr ill pads.
Every hole hit its intended target(s) and many holes encountered subsidiary veins of substantial size with
mineralization, such as galena, sphalerite and visible gold suggesting that the upcoming assays should be
consistent with past results fro m the property. The remaining 3 veins as yet are largely untested and will be
drilled in future programs.
Several holes such as 17L-3, 17U-1, and 17Y-1 & 2, were designed to test two major veins each. Three of the
holes tested the Deep Trench vein much deeper than any previous drilling with very good visual results. Hole
17Y-2 hit visible gold in the Deep Trench vein over 300 metre s below sea level which is a good indication
that strong grades are not limited by depth. Drilling on the Goat v ein was designed to extend the known
strike length of the mineralization previously drilled from only one pad. Intersections of the vein drilled from
pads K and L prove a str ike length of at least 300 metre s but when combined with rare surface outcrops and
topographic features, a length of at least 600 metre s is indicated. The deepest drilling on the Goat to date is
slightly less than 200 metres.
Ian Klassen, Grande Portage’s CEO remarked, “We are delighted with the drilling program this year. For
some time, our team has known that the Herbert gold discovery has significant expansion potential and this is
evidenced by the fact we continue to intercept gold bearing veins la terally and at depths not encountered
before.”
The Herbert Gold property is in the historic Juneau Gold Belt, formerly a world class district with producers
such the AJ and Treadwell mines and literally dozens of smaller gold mines and prospects. Overall gold
production from the district is over 7 million ounces. In 2010, the district was reactivated by the reopening of
Coeur Alaska's Kensington gold mine located northwest of the Herbert property and is on track to mine
#501-595 Howe Street, Vancouver, BC, V6C 2T5
Ph: (604) 899-0106
- 2 -
125,000 ounces Au in each of the next 12+ years. In addition, strong community suppo rt has been
demonstrated for Hecla Mining Company's polymetallic Green's Creek Mine, a massive sulfide deposit
containing silver, gold and zinc located in a parallel trend 20 kilometres to the west.
Carl Hale, CPG, a geologist with more than 40 years of e xperience 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 Tier 2 publicly traded miner al 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 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 conducted an initial drill program in th e 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.
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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