Grande Portage Resources Ltd. Announces Signing of Diamond Drilling Contractadditional Claims Staked
Vancouver, B.C., March 10, 2006: Grande Portage Resources Ltd., (TSX-V "GPG") ("Grande Portage" or "the Company") is pleased to announce that it has further expanded its claim holdings at the Merry Widow massive sulphide project on Vancouver Island.
It recently staked an additional 2,887.18 hectares adjoining on the south and west of the existing land package. Ongoing geological investigations have revealed that much of the known mineralization occurring on the property occurs within or near the periphery of a substantial magnetic high. While the majority of this target was already covered by claims being worked by Grande Portage, certain sections along the margins remained open and it was deemed prudent to protect the buffer zones.
Following further evaluation of the results from the November 2005 ground I.P. geophysics and prospecting and in additional review of previous workings, the company has submitted drilling permits for up to 22 diamond drill holes consisting of approximately 4,000 metres. The drill targets will all be based off existing logging roads and will target the newly discovered I.P. target, the Road Zone, and a copper-gold massive sulphide zone in the hanging wall of the Merry Widow pit. Significant copper-gold assay values and widths were reported in the wall rock of the former magnetite iron-ore pits and the company intends to pursue these targets and assess their potential. As the drill is on standby, drilling can commence as soon as the permits are received.
Lastly, the company also announces that effective March 15, 2006 Mr. Chris England will resign as Director but will remain as Consultant to the Company. The Company thanks Chris for his time and assistance over the years.
ON BEHALF OF THE BOARD OF DIRECTORS
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Alistair MacLennan, President/CEO
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