BRIEF

on Grande Portage Resources Limited (isin : CA38655P2017)

Grande Portage Resources Announces Updated Mineral Resource Estimate for Herbert Gold Project

Grande Portage Resources Ltd. has filed an updated technical report for the Herbert Gold Project near Juneau, Alaska, on SEDAR. The report, effective July 17th, 2024, was prepared by DRW Geological Consultants Ltd. in accordance with National Instrument 43-101 standards.

The report confirms Indicated Resources of 1,438,500 ounces of gold at a grade of 9.47 g/t and Inferred Resources of 515,700 ounces at 8.85 g/t. Additionally, it includes detailed project history, geology, and future work recommendations. No material differences were noted from the June 12, 2024, news release.

The company also granted incentive stock options for up to 2,600,000 common shares at $0.20 CAD per share, subject to TSX Venture Exchange approval. The complete report is available on www.sedarplus.ca and the company's website.

R. E.

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