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Continuing high grade gold intercepts encountered in Herbert Glacier property, Juneau gold belt
VANCOUVER, Oct. 12, 2011 /CNW/ - Grande Portage Resources Ltd. (TSX-V GPG) ("Grande Portage" ...
About this update from Grande Portage Resources Ltd.
[{"type":"text","content":"\n\n\n\n\n\nVANCOUVER, Oct. 12, 2011 /CNW/ - Grande Portage Resources Ltd. (TSX-V\n GPG) (\"Grande Portage\" or \"the Company\") is pleased to announce that it\n has received additional assay results from its Herbert Glacier gold\n project in Alaska. The new high grade results were found in DDH 11I-4\n and DDH 11I-5 and contained sections with highly visible gold in\n quartz.\n\n\nOne intercept in drill hole 11I-4 (144.21-145.88m) with a true thickness\n of 0.95m assayed 2.16 oz/t (73.96ppm) gold and 2.72 oz/t (93.1ppm)\n silver.  A highlight within that zone included a 0.52m sample\n (144.95m-145.47m) of 6.678 oz/t (229ppm) gold. DDH 11I-4 was drilled at\n an azimuth of 207 degrees at -64 degrees to 171.3m TD. DDH 11I-5 was\n drilled at 115 degree azimuth at -45 degrees to 161.24m TD.  DDH 11I-6\n was drilled in the same plane as DDH 11I-5 at -70 degrees and\n encountered mineralized intervals with maximum values of 0.045 and\n 0.065 oz/t gold.  The final hole at I pad, DDH 11I-7, encountered\n moderately mineralized intervals with assays pending.\n\n\nAnother intercept in DDH 11I-4 (154.22m-155.18m) of a silver and base\n metal rich zone with a true thickness of 1.73m contained 0.1 oz/t\n (3.42ppm) gold and 38.8 oz/t (1338.3ppm) silver.  This intercept also showed greater than 3 percent\n each of lead and zinc and strongly anomalous antimony and copper. The\n next hole in the sequence (DDH 11I-5) had a true thickness intercept of\n 1.28m (111.13m-113.23m) which returned a weighted assay of 1.09 oz/t\n (37.21ppm) gold.\n\n\nAll 2011 drill holes are assayed by fire assay, using the metallic\n screening for coarse gold preparation by ALS Minerals in Vancouver,\n B.C. Common and characteristic elements such As, Ag, Pb, and W are\n being assayed by ICP methods. All samples are under direct control of\n Grande Portage Resources Ltd. prior to their delivery to Alaska Air\n Cargo for shipment to the ALS prep lab in Fairbanks, AK.\n\n\nApart from the very good assays, drilling from the I pad adds geologic\n knowledge to the Herbert Glacier project.  It is the western most drill\n pad on the Main vein and shows that the structure extends for more than\n 1000m.  Drilling and mapping show that the Herbert gold veins exist\n within a WNW package of tonalitic rocks sandwiched between\n metasedimentary rock...