Mr. Ian Klassen reports
EASEMENT TO FACILITATE NEAR-TERM EXPLORATION LOGISTICS FOR NEW AMALGA GOLD PROJECT & SECURE ROAD ROUTE SPANNING ONE-THIRD OF DISTANCE FROM PUBLIC HIGHWAY TO PROJECT SITE
Grande Portage Resources Ltd. has applied for a State of Alaska easement related to its New Amalga gold project in southeast Alaska. This easement application incorporates a proposal for development of approximately 1.3 miles (two kilometres) of gravel road along with two equipment staging areas.
Extending from Glacier Highway across State of Alaska property, development of this road segment will greatly facilitate the company's helicopter-supported exploration efforts by establishing an equipment staging area much closer to the project site. The helicopter shuttle distance for transporting drilling equipment and supplies would be reduced by over 60 per cent for each cycle compared with the previous staging area located in the Juneau Mendenhall Valley suburbs.
Ian Klassen, president and chief executive officer, comments: "The submission of this easement application is an important step for the project. The proposed road development and equipment staging areas will not only enhance the efficiency of our exploration efforts but will also reduce the impact of helicopter noise on residential areas of the Mendenhall Valley. Furthermore, this road segment will comprise a significant proportion of the overall road development required to ultimately establish surface access to the project site."
This initial road segment would span approximately one-third of the total distance from Glacier Highway to the project site, ending at the boundary between State of Alaska and U.S. Forest Service land. Further road development will require separate federal environmental review and permitting. Baseline environmental studies continue in order to support future federal submissions.
The future facilities at the project site are envisioned to include a small-footprint underground mining operation without an ore processing plant or tailings disposal landfill. Due to the resource location near tidewater and less than four miles (6.5 km) from existing paved highway, the company considers off-site processing by a third party to be the most favourable configuration for the project.
Kyle Mehalek, PEng, is the qualified person within the meaning of NI 43-101 and has reviewed and approved the technical disclosure in this release. Mr. Mehalek is independent of Grande Portage within the meaning of NI 43-101.
About Grande Portage Resources Ltd.
Grande Portage is a publicly traded mineral exploration company focused on advancing the New Amalga mine project, the outgrowth of the Herbert gold discovery situated approximately 25 km north of Juneau, Alaska. The company holds a 100-per-cent interest in the New Amalga property. The New Amalga gold system 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 km long Juneau gold belt, which has produced over eight million ounces of gold.
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