VANCOUVER, Sept. 28, 2011 /CNW/ - Grande Portage Resources Ltd. (TSX-V
GPG) ("Grande Portage" or "the Company") is pleased to announce that,
effective immediately, it has engaged Admiralty (Admiralty)
Environmental, Inc. of Juneau, Alaska to conduct pre-permitting water
baseline studies for its Herbert Glacier gold project.
Multiyear baseline studies, as carried out by Admiralty, are necessary
under the State of Alaska Large Mine permitting process and to obtain
certain specific permits. Among other parameters baseline information
is required to obtain a National Pollutant Discharge Elimination System
permit, also Department of Environmental Conservation Certification
under Section 401 of the Federal Clean Water Act and the approval of
Department of Natural Resources Plans of Operation and Reclamation.
Water quality information collected periodically through the year under
different flow regimes will also contribute to other required
geochemical and hydrologic studies.
Ian Klassen, President remarked "Our 2011 drill program has proved that
the Herbert Glacier mesothermal vein system is gold bearing. This
year, we have drilled almost 30 holes testing only three of the
parallel veins and are delighted with the results received thus far
which include numerous multi ounce gold assays. These positive results
have led us to initiate this baseline study which will be part of
producing any preliminary economic assessment which in turn would lead
to a pre-feasibility study".
Grande Portage retained Admiralty, a recognized leader in the industry
for the past 16 years. Clients of Admiralty include Hecla Mining
Company's Greens Creek and Coeur Alaska's Kensington mines. Admiralty
has also had extensive water quality experience with the cruise ship
industry and local municipalities. Admiralty will initially liaise with
Herbert Glacier project geologist and QP Carl Hale and consultant
Charles C. Hawley, Ph.D.
Grande Portage and Quaterra Resources, Inc. (TSX-V: QTA, NYSE Amex: QMM)
are in the midst of forming a 65%/35% joint venture for the further
exploration and development of the property with each party bearing
their proportionate costs.
The Company will announce further assays from its current drill program
once received from the laboratory.
About the Herbert Glacier
The Herbert Glacier prospect 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 Couer
Alaska's Kensington gold mine located northwest of the Herbert Glacier
property and is on track to mine 125,000 ounces Au in each of the next
12+ years. In addition, strong community support 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 kilometers to the west.
ON BEHALF OF THE BOARD OF DIRECTORS
Ian Klassen, President
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.
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICE PROVIDER (AS
THAT TERM IS DEFINED UNDER THE POLICIES OF THE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE
SOURCE Grande Portage Resources Ltd.
For further information:
Mr. Ian Klassen
Phone: (604) 899-0106