Grande Portage Resources Ltd. Starts Drilling at the Marten Massive Sulphide Showing
Wednesday June 20, 8:00 am ET
Airborne Data Provides Multiple High Priority Targets
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - June 20, 2007) - Grande Portage Resources Ltd. (TSX VENTURE:GPG - News; "Grande Portage" or "the Company") is pleased to announce the following updates:
ADVERTISEMENT
Old Sport Horizon
The Company conducted Borehole EM geophysics on DDHMW-07-54 which was completed into the Old Sport Horizon. As per the drillhole, stringer massive sulphides were detected but not large bodies of massive sulphides. An initial review of the drill core into the Old Sport indicates that insufficient pre-mineralization faults were present to fracture the ground and allow for quantities of massive sulphide deposition. A further review of pre and post mineralization fault structures will be undertaken.
Drilling Underway at Marten Showing
This week, the Company commenced drilling numerous holes from what will be at least 3 separate platform locations on the Marten showing. This area is a fault offset continuation of the main Merry Widow massive sulphide mineralization where the Company identified many high grade drill intersects during 2006.
The mineralization consists of massive chalcopyrite, pyrite, pyrrhotite and magnetite with lesser cobaltite hosted within limestone. Unlike other showings, the mineralization is massive without much skarn assemblage development on surface. A series of fan holes will test both along strike and down dip. The core will be analyzed by ALS Chemex Labs in North Vancouver, BC.
This represents the Company's first drill activity in the Merry Widow pit area for 2007. The Marten, along with other numerous high priority showings, will be aggressively drill tested throughout the next few months.
Preliminary Airborne Data
The Company is pleased to announce that it has received preliminary MAG data and EM interpretation from Aeroquest Ltd. on the recently completed 1,500 line kilometre airborne geophysical survey at its Merry Widow project. The EM data provided 6 very good high priority targets which will be followed-up and 5 secondary targets which the Company will further investigate.
The MAG data has defined the northwestern limit of the host gabbro diorite intrusive stock. This new data will now be digitally incorporated with last year's airborne in order to better understand the geology and exploration targets. The planned airborne geophysical survey on the recently acquired Cherry claims will commence the third week in July. This 1,950 line kilometer survey is also being flown by Aeroquest Ltd.
George Nicholson, P. Geo., is the qualified person for this project and has reviewed and verified the contents of this news release.
ON BEHALF OF THE BOARD OF DIRECTORS
Alistair MacLennan, Chairman
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.
Statements about the Company's future expectations and all other statements in this press release other than historical facts are "forward looking statements". The Company intends that such forward-looking statements be subject to the safe harbours created thereby. Since these statements involve risks and uncertainties and are subject to change at any time, the Company's actual results may differ materially from the expected results.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
Contact:
Mr. Ian Klassen
Grande Portage Resources Ltd.
(604) 290-5762
Email: ian@grandeportage.com
Website: www.grandeportage.com
--------------------------------------------------------------------------------
Source: Grande Portage Resources Ltd.
There is no substitute for conducting your own research
