Exploration Update from the Akaiwong Project
Symbol: GPO TSX-V
VANCOUVER, Aug. 18 /CNW/ - Gold Port Resources Ltd. (The
"Company")(TSX-V:GPO) is pleased to report on exploration progress at the
Akaiwong Project. The Akaiwong Project is located in the Cuyuni Mining
District, Guyana S.A. and is situated approximately 20 kilometers southeast of
the Aurora Project. The Aurora Project is a multi-million ounce gold discovery
owned by Guyana Goldfields.
A Company owned and operated Geoprobe Soil Core Sampler is undertaking an
extensive program of surface probe sampling. A total of 26 holes have been
completed, and soil cores are now at Loring Laboratories (Georgetown, Guyana)
for analysis. The holes range in depth from 12 to 32 feet with total footage
of 648 feet. The Geoprobe uses a dual tube system and produces a four foot
soil core enclosed within a plastic tube. The track mounted unit is able to
access areas of the Akaiwong Project previously unavailable for more advanced
exploration. Gregg Powlan, Project Geologist, is on site and supervising the
collection of samples. The intent of the program is to expand upon the
previously identified near surface gold zone located by prior drilling. The
program is scheduled to complete 100 holes.
Annual General Meeting Update
Due to scheduling matters, the Annual General Meeting of the Company is
now scheduled for Monday, September 29, 2008.
The contents of this press release were reviewed by Allen V. Ambrose, a
Registered Geologist in the State of Washington, and a Qualified Person as
defined in National Policy 43-101
On Behalf of the Board of Directors of Gold Port Resources Ltd.
Adrian F.C. Hobkirk
President and Chief Executive Officer
The TSX Venture Exchange has not reviewed and therefore does not accept
responsibility for the adequacy or accuracy of the content of this press
release. This news release contains certain "forward-looking statements"
within the meaning of Section 21E of the United States Securities and Exchange
Act of 1934, as amended. Except for statements of historical fact relating to
the Company, certain information contained herein constitutes forward-looking
statements. Forward-looking statements are based upon opinions and estimates
of management at the date of this press release, and are subject to a variety
of risks and uncertainties and other factors which could cause actual results
to differ materially from those projected in the forward-looking statements.
The reader is cautioned not to place undue reliance on forward-looking
statements. This news release is not an offer to buy or sell any securities.
We seek safe harbour.
For further information:
For further information: Adrian Hobkirk, President and C.E.O. at (604)