Thursday, November 08, 2007 4:46:09 PM
VANCOUVER, Nov. 8, 2007 (Canada NewsWire via COMTEX News Network) --
Grande Portage Resources Ltd. (TSX-V GPG) ("Grande Portage" or "the Company") is pleased to announce that it had a very successful property visit to the underground workings of the Old Sport Horizon with senior underground and environmental specialists from Wardrop Engineering Ltd. The Old Sport Horizon was the host rock for two former producing underground mines - Coast Copper and Benson Lake.
Wardrop officials spent time inspecting the underground decline and gathered numerous water samples. Samples related to the Old Sport Horizon include 2 samples from the underground workings, 1 sample from the 5549 adit, and 2 samples from the Benson River; upstream and downstream of the mine workings. Additional samples from the area include 1 from the Merry Widow open pit, 1 from the Kingfisher pit, 1 and 1 from a creek that transects the Bluebird 1 and Bluebird 2 zones. The samples will be tested for acidity and suspended metals content as preliminary steps towards the Company's goal of obtaining a permit to dewater the underground workings and evaluate both the existing resource and to explore for strike extensions of the Old Sport Horizon. The samples from outside the underground workings will form part of the overall baseline environmental studies. The samples are being submitted to the laboratory for analysis. Results are expected next week.
The accessible portion of the underground workings are in very good conditions despite sitting idle since the early 1970's. There was no timbering present on the level visited, the back and walls were sound with good ground conditions. The excellent conditions of the workings will facilitate easy access for dewatering and subsequent evaluation of the remaining mineralization.
Grande Portage has been exploring the Merry Widow project under the premise that there exists significant remaining tonnage at the old open pits peripheral to the magnetite zones and in the Old Sport Horizon either along strike extensions or within the old workings. Substantial amounts of mineralized skarn material remain untested.
Wesley Raven, P. Geo., is the qualified person for this project and has reviewed and verified the contents of this news release.
About Grande Portage Resources Ltd.
------------------------------------
Grande Portage Resources Ltd. is a mineral exploration and development company focused on massive sulphide exploration in British Columbia. Grande Portage is operated by experienced managers and professionals who have been effective in discovery, mine development, and mining operations throughout North and South America, Africa, Europe, and Central Asia. The Company is well financed with no long term debt. More information is available online at www.grandeportage.com
ON BEHALF OF THE BOARD OF DIRECTORS
------------------------------------
Alistair MacLennan, Chairman
Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements". Such forward-looking statements are based on numerous assumptions, and involve known and unknown risks, uncertainties and other factors, including risks inherent in mineral exploration and development, which may cause the actual results, performance, or achievements of the Company to be materially different from any projected future results, performance, or achievements expressed or implied by such forward-looking statements.
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS
RELEASE.
SOURCE: Grande Portage Resources Ltd.
Mr. Ian Klassen, Phone: (604) 290-5762, Email: ian@grandeportage.com, Website: www.grandeportage.com
Copyright (C) 2007 CNW Group. All rights reserved.
There is no substitute for conducting your own research
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM
Moon Equity Holdings, Corp. Announces Acquisition of Wikolo, Inc. • MONI • May 7, 2024 9:48 AM