20:22:56 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Grande Portage Resources Ltd (2)
Symbol GPG
Shares Issued 45,425,865
Close 2018-12-14 C$ 0.125
Market Cap C$ 5,678,233
Recent Sedar Documents

ORIGINAL: Grande Portage grants option to buy 500,000 shares

2018-12-14 18:00 ET - News Release

Received by email:

File: GPG NR December 1418 Options.pdf

                   Grande Portage Announces Stock Options
VANCOUVER, BC, December 14, 2018   Grande Portage Resources Ltd. (TSX-V: "GPG");
(OTCQB: "GPTRF"); (Frankfurt: "GPB"); ("Grande Portage" or the "Company") announces
that subject to TSX Venture Exchange approval, the Company has granted incentive stock options
to a consultant to purchase up to 500,000 common shares exercisable on or before December 13th,
2023 at a price of $0.13 per share.

About Grande Portage:
Grande Portage Resources Ltd. is a Tier 2 publicly traded mineral exploration company principally
focused on the Herbert Gold Property situated approximately 25 km north of Juneau, Alaska. The
Company holds a 100% leasehold interest in the Herbert Gold Property, subject to a 5% NSR in
favour of the underlying property owners. The Herbert Gold Property has an amended and restated
NI 43-101 technical report dated July 12, 2018, effective May 28, 2018, completed with an uncut
Indicated Mineral Resource of 1,107,000 tonnes containing 257,950 oz of gold at 7.25 g/t and uncut
Inferred Mineral Resources of 423,200 tonnes containing 82,200 oz of gold at 6.04g/t, each at a 2.5
gpt cut-off. The system is open to length and depth and is host to at least six main composite vein-
fault structures that contain ribbon structure quartz-sulfide veins. The project lies prominently
within the 160km long Juneau Gold Belt, which has produced nearly seven million ounces of gold.
The results from the Company's drilling programs confirm the identification of major elements of a
complex mesothermal gold-quartz system with numerous targets.

ON BEHALF OF THE BOARD

"Ian Klassen"
Ian M. Klassen
President & Chief Executive Officer

  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




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