Gold Port Exploring Guyana Projects

 

VANCOUVER, BC - Gold Port Resources Ltd. reported exploration update on the Groete Creek Gold Project, and the Georgetown West Gold Project, both located in Guyana, South America. The projects are situated 43 miles southwest of Georgetown, the capital of Guyana. The project area is comprised of three Mining

Permits at Groete Creek, owned by the Company, and six contiguous Prospecting Licenses at Groete Creek under a purchase option to the Company. Access to the project is by boat from the city of Parika via the Essiquibo River. From the river landing, a system of roads provides access to all parts of the project area.

The Company previously announced it was removing a large number of illegal miners operating on the property. That process has been completed, with only two mining operations of significance remaining on the project. The Company is working with the authorities to finalize the removal of these operations.

A permanent camp facility has been established on site between the Georgetown West and Groete Creek Projects. George Sharpe, a Qualified Person as defined in NI 43-101, was then contracted by the Company and has completed a detailed site visit. Sharpe has completed a geological reconnaissance of the two

project areas and supervised the mapping and sampling of pits and geological structures of interest. A total of 17 pits have been identified, and cover a strike distance of approximately 5 kilometers in an east west direction across both projects. A total of 105 samples were taken from the combined project areas and are now being assayed at Lorings Laboratories, Georgetown, Guyana.

The Company was advised by the owner of the Georgetown West Project that the original permits have been changed to Mining Permits, and are in full force and effect. The Company is awaiting high water to facilitate the delivery of heavy equipment to the site.

The company’s address is 1525, 57 Avenue West, Suite 212, Vancouver, BC V6P 6E9, 604-218-2716, fax: 360-738-8917.