Mr. Ian Klassen reports

GRANDE PORTAGE RESOURCES CONFIRMS NON-BROKERED PRIVATE PLACEMENT FINDER FEES

Grande Portage Resources Ltd. has confirmed the finders' fees paid on its previously announced non-brokered private placement closing numbers.

The company paid an aggregate of $285,600 in cash and issued an aggregate of 1,428,000 non-transferable warrants as finders' fees in connection with this offering. Each finder's warrant entitles the holder to acquire one common share of the company at 20 cents per share for 36 months from the date of closing. All finders' fees are subject to compliance with applicable securities legislation and TSX Venture Exchange policies.

Grande Portage intends to use the net proceeds of the offering for furthering the exploration and development of its new Amalga gold project in Alaska, as well as general working capital purposes.

About Grande Portage Resources Ltd.

Grande Portage is a publicly traded mineral exploration company focused on the new Amalga gold project (formerly, named the Herbert gold project) situated approximately 25 kilometers north of Juneau, Alaska. The company holds a 100-per-cent interest in the new Amalga gold project. The new Amalga gold project is open to length and depth, and is host to at least six main composite vein-fault structures that contain ribbon structure quartz-sulphide veins. The project lies prominently within the 160-kilometre-long Juneau gold belt, which has produced over seven million ounces of gold.

The company's updated National Instrument 43-101 mineral resource estimate reported at a base-case cut-off grade of 2.5 grams per tonne gold consists of an indicated resource of 1,438,500 ounces of gold at an average grade of 9.47 g/t Au (4,726,000 tonnes) and an inferred resource of 515,700 ounces of gold at an average grade of 8.85 g/t Au (1,813,000 tonnes), as well as an indicated resource of 891,600 ounces of silver at an average grade of 5.86 g/t Ag (4,726,000 tonnes) and an inferred resource of 390,600 ounces of silver at an average grade of 7.33 g/t silver (1,813,000 tonnes).

The MRE was prepared by Dr. David R. Webb, PhD, PGeol, PEng (DRW Geological Consultants Ltd.), with an effective date of July 17, 2024. Additional information on the new Amalga mine project is available in the technical report titled "Technical Report of the Herbert Gold Property, Juneau District, Southeast Alaska," dated July 17, 2024, which is available under Grande Portage's profile at SEDAR+.

We seek Safe Harbor.