Grande Portage Resources Announces Drill Program Mobilization Underway - Additional Holes Planned for Herbert Gold Project

About this update from Grande Portage Resources Ltd.

Grande Portage Resources Announces Drill Program Mobilization Underway - Additional Holes Planned for Herbert Gold ProjectVancouver, British Columbia--(Newsfile Corp. - June 6, 2023) - Grande Portage Resources Ltd. (TSXV: GPG) (OTCQB: GPTRF) (FSE: GPB) ("Grande Portage" or "the Company") is pleased to announce that it has commenced crew mobilization and expects to begin drilling on schedule at its 100% controlled Herbert Gold project located in SE Alaska.As a result of its recently completed equity financing, Grande Portage intends to increase its planned drill program. The Company expects to drill approximately 15-20 holes from up to four different platforms which will test numerous separate primary veins and their satellitic structures. The upcoming drill program is a continuation of previous drilling which successfully tested multiple gold-quartz veins of the Herbert mesothermal vein system with very encouraging results.The drill program will target many geologically promising high value targets at the Main, Goat, Deep Trench, Ridge, and Sleeping Giant veins from multiple locations and is expected to conclude in late October 2023.Ian Klassen, Grande Portage's CEO, commented, "Our geological team has gone to great lengths to design a very ambitious program for 2023. Our project is well situated in a historically proven and prolific gold belt. We look forward to building upon the Herbert resource, a high-grade gold system that has a current National Instrument Mineral Resource of 1,196,800 ounces of gold (Indicated) at an average grade of 10.23 g/t gold and an (Inferred) resource of 325,900 ounces of gold at an average grade of 8.91 g/t gold." Past drilling has yielded very encouraging results including numerous multi ounce assays on several veins including those listed below (all holes are reported as true widths):37.07 g/t Au over 15.27 meters (Deep Trench vein)59.91 g/t Au over 8.08 meters (Deep Trench vein)30.24 g/t Au over 9.08 meters (Goat Creek vein)28.41 g/t Au over 11.58 meters (Deep Trench vein)21.55 g/t Au over 6.46 meters (Main vein)15.76 g/t Au over 2.81 meters (Goat Creek vein)21.22 g/t Au over 2.25 meters (Main vein)13.91 g/t Au over 3.12 meters (Main vein)Investors are encouraged to visit the Company's website at www.grandeportage.com for a more detailed summary of past drill results and a corporate presentation. This news release has bee...

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