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To: Threshold who wrote (88102)8/16/2011 10:46:55 PM
From: Rocket Red  Read Replies (2) | Respond to of 233807
 
Them insitutions holding up ATC at 1 billion market cap for 1 mil oz is an overload so atc better have some super hot holes coming

The Yukon is still wide open in my opinion



To: Threshold who wrote (88102)8/17/2011 1:51:56 AM
From: heinz44  Respond to of 233807
 
the talent around here is frustrated, but mark my words some of it is far superior to the goofballs working on inside info and quick computers on Bay and Wall streets.

so very true that



To: Threshold who wrote (88102)8/17/2011 3:06:58 PM
From: littlejoept  Respond to of 233807
 
I was given atac @ a point i thought was too late. With my normal good judgement, it weren't.

But still--gpg--@.29--holding gobs of it and with results like the below and knowing the co---it's hard for me to get excited about any multi $ stock.

I'm long term with gpg---but honestly can't understand why it hasn't garnered more attention? Input appreciated.

Grande Portage drills 15 m of 1.08 oz/ton Au at Herbert

2011-08-02 09:21 ET - News Release



Mr. Ian Klassen reports

GRANDE PORTAGE RESOURCES LTD. ANNOUNCES 15.27 METRE INTERCEPT OF 1.084 OUNCES GOLD PER TONNE-- OTHER MULTI-OUNCE INTERCEPTS ALSO RECEIVED

Grande Portage Resources Ltd. has released the first assay results of 2011 from its property at the Herbert Glacier gold project located near Juneau, Alaska.

In June, 2010, Grande Portage entered into an agreement with Quaterra Resources Inc. to explore the Herbert Glacier gold property. GPG has now fully earned its 65-per-cent interest in the property. Grande Portage and Quaterra will form a joint venture for the further exploration and development of the project, with each party bearing its proportionate share of costs.

Initial 2011 assays have returned numerous multiounce gold samples. A weighted average which includes most of the vein structure encountered in 11E-2 from 137.1 metres to 152.37 metres graded 1.084 ounces per ton over a true width of 8.76 metres. Highlights within that zone include a 6.570-ounce-per-ton interval from 147.07 metres to 148.14 metres. Multiounce assays were also reported from 150.57 metres to 150.83 metres (2.389 ounces per ton) and 148.14 metres to 149.70 metres (4.132 ounces per ton).

Another weighted-average assay in hole 11E-2 within the main zone of 147.07 metres to 149.70 metres graded 5.124 ounces per ton over a true width of 1.50 metres. Assays in excess of one ounce per ton were also reported in drill hole 11E-1, particularly 1.504 ounces per ton from 110.92 metres to 111.25 metres and 1.402 ounces per ton from 111.25 metres to 112.16 metres. High-grade intervals from 11E-1 are contained within a zone from 107 to 115.82 metres showing a weighted average of 0.419 ounce per ton over a true width of 6.95 metres. These holes are located near the western end of the Deep Trench vein.

                                            A TABLE OF THE RESULTS TO DATE    Hole      From       To   Intrvl.   Au, scr.      Au,        Au   Tot. intv.       True      Weighted          Included  name       (m)      (m)       (m)        ppm   oz/ton  oz/tonne          (m)      width  avg., Au opt          interval    11E-1   107.00   108.97      1.97      19.50    0.569     0.627         8.82      6.95m         0.419  (107.0m-115.82m)  11E-1   108.97   109.25      0.28       3.08    0.090     0.099                  (22.8')  11E-1   109.25   109.83      0.58       2.04    0.060     0.066  11E-1   109.83   110.92      1.09       0.47    0.014     0.015  11E-1   110.92   111.25      0.33      51.50    1.504     1.656         2.77      2.18m         0.673  (110.92-113.69m)  11E-1   111.25   112.16      0.91      48.00    1.402     1.543                   (7.7')  11E-1   112.16   113.69      1.53       2.09    0.061     0.067  11E-1   113.69   114.60      0.91       0.42    0.012     0.014  11E-1   114.60   115.07      0.47      35.00    1.022     1.125  11E-1   115.07   115.82      0.75       6.67    0.195     0.214         4.90      3.86m         0.511  (110.92-115.82m)                                                                                   (12.7')  11E-2   137.10   138.98      1.88      17.20    0.502     0.553        15.27      8.76m         1.084   (137.1-152.37m)  11E-2   138.98   140.52      1.54       2.04    0.060     0.066                  (28.8')  11E-2   140.52   141.90      1.38       1.56    0.046     0.050  11E-2   141.90   142.58      0.68       0.00    0.046     0.001  11E-2   142.58   143.63      1.05       0.62    0.018     0.020  11E-2   143.63   144.60      0.97      31.30    0.914     1.006  11E-2   144.60   145.62      1.02       0.54    0.016     0.017  11E-2   145.62   147.07      1.45       0.65    0.019     0.021  11E-2   147.07   148.14      1.07     225.00    6.570     7.234         3.76      2.16m         3.856  (147.07-150.83m)  11E-2   148.14   149.70      1.56     141.50    4.132     4.549                   (7.1')  11E-2   149.70   150.57      0.87       2.72    0.079     0.087  11E-2   150.57   150.83      0.26      81.80    2.389     2.630  11E-2   150.83   152.37      1.54       6.77    0.198     0.218         8.74      5.02m         1.762  (143.63-152.37m)                                                                                   (16.5')  


Holes 11E-1, -2 and -3 are in a vertical plane and drilled about due south from minus 45 degrees to minus 72 degrees. Hole 11E-3, the steepest, also contains visible gold and returned a best assay of 0.224 ounce per ton over 1.59 metres. A fourth hole (11E-4) drilled at an azimuth of about 210 degrees also showed visible gold in the same vein structure but assays have not yet been received from the laboratory. These holes drilled from the E platform explore the western end of the Deep Trench vein which was also encountered in the 2010 drilling program in hole 10A-4.

Data collected thus far from E platform drill holes and surface exposures give the known mineralization in the vein a vertical extent of at least 400 metres and open to depth. The vein has a known strike length of almost 1,000 metres and further drilling is being conducted to extend the mineralization. The Deep Trench vein is just one of several similar parallel veins on the property which include the Main vein system and the Floyd vein.

A hole drilled from the D platform testing the eastern extent of the Main vein also encountered vein material with visible gold. However assays are still pending. The company is currently drilling exploratory holes which test a strong linear feature underlying Goat Creek which is north of and parallel to the Main vein. This structure has peripheral mineralization in adjacent wall rocks where seven grab samples have returned assays ranging from 0.65 gram per tonne gold to 65.6 grams per tonne gold and with an average of 31.47 gpt Au. Drilling activities will return to the Main vein system and the Deep Trench vein after completing initial drilling on the Goat Creek structure.

All 2011 drill holes have been assayed by fire assay, using the metallic screening for coarse gold preparation by ALS Minerals. Common and characteristic elements such as arsenic, silver, lead and tungsten are being assayed by ICP methods. All samples were under direct control of Grande Portage Resources prior to their delivery to Alaska Air Cargo for shipment to the ALS prep lab in Fairbanks, Alaska. As a result of the very favourable gold content, the company has instructed the lab to reassay the highest-grade samples. Reruns will be taken from the coarse rejects or from the pulps, with subsequent fire assaying.

The Herbert Glacier prospect is in the historical Juneau gold belt, formerly a world-class district with producers such as the AJ and Treadwell mines and literally dozens of smaller gold mines and prospects. Overall gold production from the district is over seven million ounces. In 2010, the district was reactivated by the reopening of Couer Alaska's Kensington gold mine located northwest of the Herbert Glacier property and is on track to mine 125,000 ounces of gold in each of the next 12 years. In addition, strong community support has been demonstrated for Hecla Mining Co.'s polymetallic Green's Creek mine, a massive sulphide deposit containing silver, gold and zinc located in a parallel trend 20 kilometres to the west.

To date in 2011, the company has completed 11 drill holes from three platforms totalling approximately 2,000 metres of NQ diamond drilling. Plans are to continue drilling throughout the summer and into the fall. The company will drill at least 4,000 metres from approximately 25 drill holes from eight different platforms which will test up to four separate major veins and their satellitic structures.

This news release has been prepared and approved by Carl Hale, CPG, a geologist with more than 40 years of experience and a qualified person as defined under NI 43-101. Mr. Hale is supported by Dr. C.C. Hawley, PhD, CPG, of Hawley Resource Group Inc. and Alaska Earth Sciences Inc. of Anchorage, Alaska.


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