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Grande Portage Resources Ltd. Intersects 2.46 metres grading 12.84 g/t gold, 29.21 g/t silver, 4.88% lead and 3.36 % zinc from Quartz Veins at Pass Property
VANCOUVER, Oct. 15 /CNW/ - Grande Portage Resources Ltd. (TSX-V GPG) ("Grande Portage" or "the Co...
About this update from Grande Portage Resources Ltd.
[{"type":"text","content":"\n\n\n\nVANCOUVER, Oct. 15 /CNW/ - Grande Portage Resources Ltd. (TSX-V GPG)\n("Grande Portage" or "the Company") is pleased to announce that it has\ncompleted 24 NQ-size diamond drill holes totaling 1,569 metres from four drill\nsetups at its 100% owned gold - silver base metal property near Smithers, B.C.\n\n\nThe initial drill program was designed to focus on the high-grade\ngold-silver bearing polymetallic quartz veins identified by previous operators\nand confirmed by the Company's grab samples collected in 2007, where previous\nprospecting work had outlined a strike length of almost 1 kilometre. Complete\ndetails of the 2007 prospecting results are reporting in the Company's news\nrelease dated March 3, 2008.\n\n\nThe primary vein is characterized by strong silicification and sulphide\nminerals in variable concentrations including pyrite, chalcopyrite, galena and\nsphalerite, from disseminations to massive sulphide. The vein itself pinches\nand swells along strike and down dip as evidenced both in the trenches and in\ndrillhole intersections. Wallrock is strongly silicified with propylitic\n(epidote) alteration and disseminated sulphide mineralization.\n\n\nDrillhole intersections of the primary quartz vein provided widths from\nbetween 0.23m to 9.93m. In some holes more than one vein was intersected. All\nveins and related mineralization occur within a silicified and mineralized\nalteration halo extending 1m to 12.46m in total width. The veins and\nsurrounding alteration are referred to as the vein complex. The sulphide\nmineralization associated within the alteration halo occurs as disseminations\nand micro veinlets and is a similar assemblage as the primary veins.\n\n\nThe Phase I drill program tested the vein complex from four drill sites\nencompassing over 700 metres of strike length as a series of fan holes across\nthe strike length of the vein. Three holes, 3, 9 and 18 failed to intersect\nthe mineralized vein material, and five holes failed to show any significant\nmineralization. The initial site locations were selected for ease of set-up\nand to maximize strike exposure. All vein intersections reported are near\nsurface; there was no deep or down dip drill testing of the vein system\ncompleted in this drill phase. Future drilling will require (i) both infill\nand down-dip drill testing of the ...