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Friday, 03/09/2007 9:50:14 PM

Friday, March 09, 2007 9:50:14 PM

Post# of 111


Grande Portage Is Raising The Exploration Pace At Its Merry
Widow Project www.minesite.com

March 08, 2007

It is some time since we took a look at Grande Portage
Resources, a Canadian company as the name suggests, with asset
in British Columbia. The focus is on the Merry Widow massive
sulphide deposit at the northern end of Vancouver Island where
major progress can be expected this year. In 2006 an airborne
magnetometer EM survey was completed and data used from the IP
survey to identify drill targets. These were duly drilled and
produced results sufficiently encouraging for the company to
decide on a follow-up diamond drilling programme which took
place just before Christmas.

Helicopter Airborne Mag and EM Geophysical Survey
In February partial assay results from this programme were
announced and experienced explorationists took a closer look at
the company when they realised that eight of the eleven drill
holes successfully intersected massive sulphide skarn
mineralization containing visible pyrrhotite, pyrite and
chalcopyrite hosted in either massive magnetite or
epidote-garnet-actinolite skarn assemblages. Grades as high as
8.06 g/t gold , 9.95 g/t silver and 0.76% copper over 32 metres
confirmed that Grande Portage was onto a big one. This second
round of drilling was designed to test the northern extensions
of the Merry Widow open pit and to test for mineralization
laterally towards the Raven showing which is located
approximately 150 meters northeast of the pit.

The chief executive, Alistair MacLennan, said that these
results, plus those still to be announced, would make an impact
on the feasibility studies due to start this year. In the
meantime the next phase of drilling in the Merry Widow open pit
area is about to start with a series of step-outs to the known
showings northeast and southwest of the Merry Widow pit along a
3.2 kilometer trend defined by the 2006 airborne geophysical
survey and surface showings. A total of 50 to 60 holes are going
to be drilled on the Old Sport Horizon and it will be the first
time this big mineralised zone has been drilled since the Coast
Copper and Benson Lake mines closed in 1973.

This time new technology will be used and Old Sport has
potential to add hugely to resource estimates as it is a
relatively flat lying structure up to 7 kms in width. Just
before PDAC news came through that Grande Portage had received
the permits necessary for this Phase 11 drilling programme. The
Old Sport Horizon is a highly prospective mineralized zone
occurring at the contact of the Quatsino Limestone and the
Karmutsen volcanics along which diorite from the Coast Copper
intrusive stock has intruded. Mineralization containing copper,
gold, silver and iron has formed along this horizon.

Going back into history the Old Sport Horizon was mined from
1962 to 72 and production totalled over 93 million pounds of
copper, 1.1 billion pounds of iron ore, 126,407 ounces gold and
392,872 ounces of silver from 2.96 million tons of ore mined.
Mining along the Old Sport Horizon stopped at the end of 1972
due only to the low price of copper. Well there is certainly no
problem with the price of copper now so the quicker Grande
Portage can move on to feasibility the better. Drill targets
have been defined from the tilt derivative of the total magnetic
field data obtained from the airborne survey flown in 2006. This
data outlined a broad zone exhibiting the same response which
encompassed the Benson Lake and Old Sport mines and extends for
some 3 kilometers along strike to the south.

The company intends to drill test the entire 3 kilometer
extension south of the Old Sport mine once the snow recedes,
starting close to the Merry Widow open pit . A contract has also
been signed with Aeroquest of Ontario to fly a helicopter
electromagnetic survey over the whole of the massive sulphide
project This airborne survey will help to identify the
northern contact of the Coast Copper Stock and the Quatsino
limestone which hosts skarn mineralization. The survey will also
test the northern extension of the Old Sport horizon which
trends to the north-west towards Port Alice.

Last year's completed airborne geophysics survey, identified
over 30 high priority near surface EM targets which extended the
known strike length of the Merry Widow deposit by uncovering new
targets along trend for several hundreds of meters and also
reconfirming known historical showings. New areas were also
detected outside the historic workings particularly identifying
a cluster of targets approximately 3 kilometers north-northwest
of the open pit. It looks like 2007 is going to be a very busy,
and hopefully successful, year for Grande Portage.

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