Highlights:

Hole TW12-05 returns 221 meters ( total length ) of 0.416 grams per tonne gold and 805 parts per million copper.

Twin program concluding at Groete Creek with exploration to continue

Vancouver, British Columbia – Gold Port Resources Ltd. (TSX-V: GPO) (“The Company”) is pleased to report gold and copper values for holes TW12-13, GC12-04, TW12-15 and TW12-05, located at the Groete Creek Gold Copper Project, Guyana. This historic gold copper project is located in Cuyuni Mining District 4, approximately 60 kilometers southwest of Georgetown, the Capital of Guyana, and close to the city of Bartica, a town of 15,000 people. Access is by dirt road from Manaka, directly to the project area. The purpose of the ongoing drill program is to confirm the historical gold deposit at Groete Creek to NI 43-101 standards.

Drill core was split and bagged on site, and then transported to ACME Laboratories of Guyana (a Certified Laboratory) for processing. Company security personnel were in possession of the drill core until delivery to the laboratory. As a check, every twentieth core sample was split, with the half core sample divided into two samples, and submitted as confirmation of assay accuracy. ACME inserted its own blanks as standards during assaying. Sample intervals were 1.5 meters. Work was conducted under the supervision of Mr. Paul Pelke, a Qualified Person under NI 43-101. Sample preparation was completed at ACME Laboratories (Certified) of Guyana, with final assay work completed by ACME Laboratories (Certified) of Santiago, Chile. Assay was by 30 gram fire assay. The Company has been drilling on historical collars located within the project area. Results continue to confirm the presence of a substantial gold mineralized zone.

Current Drill Results
Current Hole/Total Hole Depth in Meters/Gold Values in PPM/Copper Values in PPM
TW112-1/ 228/0. 276 /702
TW12-15/ 186/0. 279/ 424
TW12-05/ 221/0. 416/ 805

Three Twin Hole Comparisons of Historical Drill Results
Historical Hole/ Total Hole Depth in Meters/ Gold Values in PPM/ Copper Values in PPM
96-13/ 206.9/ 0.297/ 600
96-15/ 138.7/0. 320/ 500
94-05/ 227/0. 282/ 800

TW12-13, a twin of historical hole 96-13, returned a copper average of 702 ppm over 228 meters of total depth, including 971 ppm from 48.9 meters to 165.5 meters. The historical values for 96-13 returned 0.06% Cu over 206.9 meters of total depth, which compares closely with the current results. The twin hole was drilled to a greater depth and confirmed the continuation of mineralization.

GC12-04 was intended as a twin of historical hole 96-12, but due to location, is classed as an infill by the Company. GC12-04 returned an average of 1,333 ppm Cu over 244 meters of total depth, including 1,541 ppm from 28.9 meters to 215.2 meters. The historical copper value for hole 96-12 was an average of 0.16% over 206 meters. Hole GC12-04 was drilled 38 meters deeper and confirms the continuation of mineralization. Gold values as previously reported were 244 meters of 0.50 gpt Au.

TW12-15 was drilled to a total depth of 186 meters and returned an average of 0.279 ppm Au and 424 ppm Cu over this length. Historical values for 96-15, which was drilled to a total depth of 138.7 meters, are 0.32 ppm Au and 0.05% Cu over this length. Hole TW12-15 was drilled 47.3 meters deeper and confirms the continuation of mineralization

TW12-05 was drilled to a total depth of 221 meters, and returned 0.416 ppm Au, including 0.685 ppm from 65.5 to 117.1 meters, and 805 ppm Cu over the entire interval. The historical comparison is 0.282 ppm Au and 0.08% Cu over 227 meters.

Results for the twin of historical hole 94-03, which is hole TW12-03, are expected shortly. A twin of historical hole 94-10, referenced as TW12-10, is currently underway. Hole TW12-10 will conclude the twin program at the project. The intent of the program is to confirm the historical gold zone at Groete Creek to NI 43-101 standards. All data will be compiled for presentation to P and E Mining Consultants Inc., for evaluation. Further drilling will continue with infill drilling of select locations. Additional exploration work is being conducted, and will utilize a Geoprobe for deep soil evaluation Step-out holes will be located and drilled based upon results from the Geoprobe program.

The Groete Creek Gold Project was drilled by CAMDICO and Western Premium Resources in 1994, with 9 holes completed. In 1996, the project was further drilled by Caribbean Basic Industries (CBI), a subsidiary of Coeur d’Alene Mines. With the combined drill programs, a grid comprised of 17 holes running east to west and covering approximately 1,200 meters of strike was completed. At the conclusion of the CBI program, Coeur d’Alene using a simple polygonal method in drilling by cross section, identified a historic gold-copper resource comprising approximately 94 million tonnes grading approximately 0.6 grams per tonne gold and 0.11% total copper. (CAUTION: The historical estimate presented above is relevant to the further exploration of the project which, the Company is currently undertaking with a drill program. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and the Issuer is not treating the historical estimate as current mineral resources or mineral reserves; therefore they should not be relied upon.)

The Contents of this Press Release were reviewed by Mr. Paul Pelke, a Qualified Person under NI 43-101, and a consulting geologist to the Company.

On Behalf of the Board of Directors of Gold Port Resources Ltd.

Adrian F.C. Hobkirk,
President and Chief Executive Officer – adrianh@resourceexploration.com
-
For further information, contact Adrian Hobkirk toll free at 855-894-4524, 714-316-3272 or email: adrianh@resourceexploration.com

Tel: 1-855-894-4524
837 Hastings Street West, Suite 408
Vancouver, BC, Canada V6C 3N6
www.resourceexploration.com
Symbol: TSX-V: GPO

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.

Print PDF

Highlights:

Infill Hole GC12-4 intercepts 63 meters of 0.987 grams per tonne gold within 244 meters total depth of 0.5 grams per tonne gold (preliminary)

Copper values pending

Vancouver, British Columbia –Gold Port Resources Ltd. (TSX-V: GPO) (The “Company”) is pleased to report preliminary gold values for hole GC12-4, an infill hole located at the Groete Creek Gold Copper Project, Guyana. This historic gold copper project is located in Cuyuni Mining District 4, approximately 60 kilometers southwest of Georgetown, the Capital of Guyana, and close to the city of Bartica, a town of 15,000 people. Access is by dirt road from Manaka, directly to the project area.

Hole GC12-4 is an infill hole within the historical grid. Past mining activity (by local Guyanese, prior to Gold Port involvement) on the project had resulted in the hole collar of the closest historical hole, AK96-12, having been removed. A substantial pit from past mining activity made it impossible to locate this hole at the site of historical AK96-12. It was therefore necessary to move GC12-4 to the west approximately 35 meters, and consider it as infill. The historical grid measuring 1,200 meters west to east locates GC12-4 approximately 200 meters east of the western most historical drill hole AK94-6, and approximately 150 meters east of recently announced TW12-13.

Drill core was split and bagged on site, and then transported to ACME Laboratories of Guyana (a Certified Laboratory) for processing. Company security personnel were in possession of the drill core until delivery to the laboratory. Every twentieth core sample, the half core sample split was further divided into two samples and duplicate samples were submitted as a check on the assaying accuracy. ACME inserted its own blanks as standards during assaying. Sample intervals were 1.5 meters. Work was conducted under the supervision of Mr. Paul Pelke, a Qualified Person under NI 43-101. Sample preparation was completed at ACME Laboratories (Certified) of Guyana, with final assay work completed by ACME Laboratories (Certified) of Santiago, Chile. Assay was by 30 gram fire assay. Results continue to confirm the presence of a substantial gold mineralized zone.

Hole GC12-4 averaged 244 meters of 0.5 grams per tonne gold, which includes a 63 meter zone of 0.987 grams per tonne gold, from 24 to 87 meters. The highest gold value encountered was 2.64 grams per tonne gold over 1.5 meters, with the hole requiring no “high cut “in the calculation.

Results to date appear to confirm the location of the historical gold deposit. Final gold values and copper values are expected in the immediate future, along with the results of further twin holes which have been located on exact drill locations. The Company is completing twin holes for the potential re-calculation of the historical gold deposit to NI 43-101 standards by P and E Mining Consultants Inc., Line cutting is underway to facilitate a drill program east of the last known historical hole to better define the eastern limits of the historical deposit. Surface exploration work is also underway at the adjoining Georgetown West Gold Project, which adjoins the three Groete Creek Gold Copper Project Mining Permits on their eastern boundary.

Mr. Paul Pelke, consulting geologist to the Company, Project Manager, and a Qualified Person under NI 43-101 has reviewed the contents of this press release.

On Behalf of the Board of Directors of Gold Port Resources Ltd.

Adrian F.C. Hobkirk, President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272 or email: adrianh@resourceexploration.com  or Allan Feldman at AJF Consultants Ltd. at 604-948-9663 or email: ajfconsultants@aol.com . www.goldportresources.com

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain ” forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.

Print PDF

Vancouver, British Columbia – Gold Port Resources Ltd. (TSX-V: GPO) (“The Company”) is sad to report the passing of Mr. Brian Sucre, director of the Company.  Mr. Surcre was an integral part of the Gold Port exploration team, supervising the drill program at the Groete Creek Gold Copper Project.

Mr. Sucre was a significant participant in the development of the mining industry in Guyana, having served as Commissioner of the Guyana Geology and Mines Commission for many years. He possessed extensive knowledge of the mining industry in Guyana, and will be missed. The Company offers its condolences to the Sucre family at this difficult time. Company President, Mr. Adrian F.C.Hobkirk, is quoted “Brian was a respected colleague and friend with an intimate knowledge of the industry. He will be missed by all those involved with the Company “.

Exploration activity at the Groete Creek Gold Copper Project will be supervised by Mr. Paul A. Pelke, a consulting geologist to the Company, and a Qualified Person under NI 43-101.  Mr. Pelke has extensive exploration and drilling experience.  He produced a 43-101 technical report on the Groete Creek Gold Copper Gold Project.

Drilling is ongoing at the project.

On Behalf of the Board of Directors of Gold Port Resources Ltd.

Adrian F.C. Hobkirk,

President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272, toll free at 855-894-4525 or email: adrianh@resourceexploration.com  or Allan Feldman of AJF Consultants 604-948-9663 or email: ajfconsultants@aol.com.                      www.goldportresources.com

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.

Print PDF

Highlights:

Twin Hole TW96-13 Returned 50.3 Meters Of 0.56 Grams Per Tonne Gold, With The Historical Hole Value At 0.615 Grams Per Tonne Gold Over 50.3 Meters

Hole GC-2-2012 Expands Mineralization South

Hole GC1-2012 Confirms Fault Boundary To The West

Seven Historical Drill Sites Located

Second Acker Core Drill Rig On Site

Vancouver, British Columbia – Gold Port Resources Ltd. (TSX-V: GPO) (“The Company”) is pleased to report the preliminary results of the first twin hole, and two additional holes, completed at the Groete Creek Gold Copper Project, Guyana. This historic gold copper project is located in Cuyuni Mining District 4, approximately 60 kilometers southwest of Georgetown, the Capital of Guyana, and close to the city of Bartica, a town of 15,000 people. Access is by dirt road from Manaka, directly to the project area.

Hole TW96-13 was a twin hole of historical GC96-13, as drilled by Caribbean Basic Industries Ltd. (subsidiary of Coeur d’ Alene Mines) in 1996, and has provided an approximation of the historical results for this hole. Hole GC-1-2012 was drilled west across a fault and has confirmed the termination of mineralization across this fault. Hole GC-2-2012 was drilled approximately 125 meters south of the southern most historic drill collar and has confirmed the presence of gold mineralization, potentially expanding the gold zone south. A second Acker drill rig has been moved onto the project site for additional drilling.

Between 1994 and 1996, an area of the project was drilled by CADMICO and Caribbean Basic Industries (a subsidiary of Coeur d’Alene Mines). A total of seven historical holes from this program have been located by either original drill collar or drill pad site. Hole TW96-13 was the first original drill collar located, and provided solid physical evidence of the historical hole location. Hole TW96-13 was sited to within 3 meters of the original collar location of GC96-13, drilled at 169 degrees south, and drilled at a 45 degree angle, replicating the historical hole direction as closely as possible. The historic drill grid, which measure approximately 1,200 meters east to west and 250 meters north south, locates hole TW96-13 at the western most portion of the historical gold zone, on the outer fringe of the known mineralized zone.

Drill core was split and bagged on site, and then transported to ACME Laboratories of Guyana (a Certified Laboratory) for processing. Company security personnel were in possession of the drill core until delivery to the laboratory. Every twentieth core sample, the half core sample split was further divided into two samples and duplicate samples were submitted as a check on the assaying accuracy. ACME inserted its own blanks as standards during assaying. The sample interval was 1.5 meters in the recently completed drill hole and also in the historical drill hole. Work was conducted under the supervision of Mr. Paul Pelke, a Qualified Person under NI 43-101. Sample preparation was completed at ACME Laboratories ( Certified ) of Guyana, with final assay work completed by ACME Laboratories (Certified) of Santiago, Chile. Assay was by 30 gram fire assay.

Both the historical results and twin results identify multiple gold zones beginning at surface. In reviewing the historical drill hole 96-13 for a 2009 43-101 report on the Groete Creek project for Gold Port Resources, three significant gold intervals in 96-13 were identified: a near surface zone in the saprolite, an interval from 50.3 meters through 100.6 meters and an interval from 109.8 meters through 117.4 meters. For purposes of comparison, intervals corresponding as close as possible to those historical intervals were selected in the recently completed twin drill hole.

The top three meters of the historic drill hole averaged 0.25 grams per tonne gold, while the top 4.5 meters of the 2012 twin drill hole averaged 0.495 grams per tonne gold. These values clearly show the nugget effect present in the near surface saprolite. For the 50.3 meter intervals ranging from 50.3 meters through 100.6 meters, there were two differences between the recent and the historical drill holes. In the historical drill hole, there were seven sample intervals which were above 1 gram per tonne gold, while four samples above 1 gram per tonne gold were found in the recent drill hole. In addition, one of the seven intervals in the historic drill hole showed 7.7 grams per tonne gold while the most closely corresponding interval in the recent drill hole showed 0.654 grams per tonne gold. For purposes of comparing the recent to the historical drill hole, the 7.7 gram per tonne value was cut to 1.0 grams per tonne gold in the historical drill hole.

After making the above adjustment, the whole hole average for the recent drill hole was 0.276 grams per tonne gold over 238 meters total depth, while the historical drill hole had an overall average grade of 0.297 grams per tonne gold over 206.9 meters total depth. For the 50.3 meter interval from 50.3 meters through 100.6 meters, the recent drill hole had an average grade of 0.560 grams per tonne gold while the historical drill hole had an average grade of 0.615 grams per tonne gold.

The 7.2 meter interval from 109.8 meters through 117.4 meters had an average grade of 0.423 grams per tonne gold in the recent drill hole while the historical drill hole had an average grade of 0.510 grams per tonne gold.

Gold mineralization is encountered to the bottom of both the current and historic drill holes, from 117.4 meters to Total ‘Depth ( TD ). TW96-13 averaged 0.226 grams per tonne gold over 120.6 meters, to its bottom at 238 meters. GC96-13, the historic hole, averaged 0.228 grams per tonne gold over this interval to its bottom at 206.9 meters. The recent Gold Port drill hole confirms that mineralization extends at least another 30 meters deeper than the historical mineralization. Copper results are expected shortly.

Two additional drill holes are being reported. Drill Hole GC1-2012 was located 300 meters southwest of hole TW96-13 and across a fault. As expected, it did not encounter gold mineralization.

Drill Hole GC2-2012 was drilled approximately 125 meters south of the southern most historical drill collar, and to 255 meters depth. The Hole was drilled at minus 45 degrees and at an azimuth of 169 degrees. The drill hole showed gold mineralization in the top 75 meters, returning 0.363 grams per tonne gold from surface to 24 meters, and averaging 0.231 grams per tonne gold for the entire top 75 meters. This drill hole has gold in both the saprolite and the bedrock, and shows that the mineralization extends at least another 125 meters further south from the area of historical drilling. Further drilling to expand the mineralized zone is underway.

Hole TW96-13 is the first of an anticipated seven twin historical drill holes located at the Groete Creek Gold Copper Project. The objective is to provide P and E Mining Consultants Inc. (Brampton, Ontario Canada) the necessary confirmation data to re-calculate the historical gold zone to NI 43-101 standards. Drill holes have been located to potentially expand the historical deposit to the south, north , and east. Further assays are pending.

A second Acker drill rig has now been located on the project. It will replace the current Acker rig during a refitting and upgrade program. The Company will be running two rigs consecutively upon completion of the refitting work.

Historical work completed at the Groete Creek Gold Project prior to the Gold Port program has totaled approximately 3,000 meters of core drilling. These results identified a gold copper zone approximately 1,200 meters in length and 300 meters in width. At the end of this program, in a report titled the Groete Creek Gold Project date December 1996 by Glen Attwood for Caribbean Basic Industries Ltd., a drill indicated geological resource of 93.65 million tonnes averaging 0.594 grams per tonne gold and 0.11% copper at a 0.10 gram per tonne cut-off was completed. The estimate was calculated using a simple polygonal in cross section (geologic resource in cross-section ), and a hypothetical pit-outline assuming a maximum slope angle of 50 degrees.

CAUTION: The historical estimate presented above is relevant to the further exploration of the project which, the Company is currently undertaking with a drill program. A qualified person has not done sufficient work to classify the historical estimate as current mineral-resources or mineral reserves; and the Issuer is not treating the historical estimate as current mineral resources or mineral reserves; therefore they should not be relied upon. The term “ drill indicated geologic resource “ is a historical term used by CBI and is not comparable to the CIM defined resource, and should be compared to a potential mineral deposit requiring further exploration drilling to define an initial resource. There is no recent drill information on the Groete Creek Gold Project, and further drilling will be required to upgrade and verify the historical estimate as a current mineral resource, and there is no certainty that this can be accomplished. The content of this press release was reviewed by Mr. Paul Pelke, a Qualified Person under NI-43-101 and a geological consultant to the Company.

On Behalf of the Board of Directors of Gold Port Resources Ltd.

Adrian F.C. Hobkirk, President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272 or email: adrianh@resourceexploration.com or Allan Feldman at AJF Consultants Ltd. at 604-948-9663 or email: AJFConsultants@aol.com. www.goldportresources.com.

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements.

Print PDF

Vancouver, British Columbia – Gold Port Resources Ltd. (TSX-V: GPO) (The “Company”) is pleased to report the completion of the first step-out drill hole at the Groete Creek Gold Project in Guyana. The intent of the step-out is to potentially confirm the continuation of gold and copper mineralization in an eastern direction at the project.

The Groete Creek Gold Project was drilled by CAMDICO and Western Premium Resources in 1994, with 9 holes completed. In 1996, the project was further drilled by Caribbean Basic Industries ( CBI ), a subsidiary of Coeur d’Alene Mines. With the combined drill programs, a grid comprised of 17 holes running east to west and covering approximately 1,200 meters of strike was completed. At the conclusion of the CBI program, Coeur d’Alene using a simple polygonal method in drilling by cross section, identified a historic gold-copper resource comprising approximately 94 million tonnes grading approximately 0.6 grams per tonne gold and 0.11% total copper. (CAUTION: The historical estimate presented above is relevant to the further exploration of the project which, the Company is currently undertaking with a drill program. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and the Issuer is not treating the historical estimate as current mineral resources or mineral reserves; therefore they should not be relied upon.)

The term ” drill indicated geologic resource” is a historical term used by CBI, not comparable to the CIM defined inferred resource, and should be compared to a potential mineral deposit requiring further exploration drilling to define an initial resource. There is no recent drill information on the Groete Creek project, and further drilling will be required to upgrade and verify the historical estimate as a current mineral resource, and there is no certainty that this can be accomplished. There is no current data available for the project, but drill results are anticipated in the near future.

Gold Port Resources Ltd has recently completed four holes which are twins of holes 96-13, 94.-5, 96-15 and 94-7 from the CBI program. Hole 2011-01, is a step-out to the eastern most hole completed by CBI, and is located approximately 250 meters east of historical hole 94-07. On site geological reports indicate the hole is drilled into a volcanic sequence similar to that encountered in the historical drilling. Hole 2011-02 is now underway and is located 150 meters east of historical hole 94-7.

A second Acker drill rig has now been cleared from customs and is scheduled to be moved to the project. A Geoprobe program is also underway, to provide a deep soil evaluation of adjacent ground for additional drill targets. Assay results from ACME laboratories are anticipated in the immediate future.

Mr. Paul Pelke, a Qualified Person under NI 43-101, and a consulting geologist to the Company has reviewed the content of this press release.

On Behalf of the Board of Directors of Gold Port Resources Ltd.

Adrian F.C. Hobkirk,
President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272, toll free at 855-894-4525 or email: adrianh@resourceexploration.com  or Allan Feldman of AJF Consultants 604-948-9663 or email: ajfconsultants@aol.com.

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.

Print PDF

 Vancouver, British Columbia – Gold Port Resources Ltd. (TSX-V: GPO) (The “Company”) is pleased to report the completion of four twin drill holes at the Groete Creek Gold Project in Guyana. The intent of the program is to confirm prior drill results completed by Coeur d’Alene Mines and to facilitate the completion of a NI 43-101 compliant resource estimate. In 1995, Coeur d’Alene Mines began to explore the originally identified mineralized Groete Creek area. The program included a re-evaluation and interpretation of all available data, mapping and sampling of the project area, as well as further drilling. At the conclusion of the field program, Coeur d’Alene using a simple polygonal method in drilling by cross section, identified a historic gold-copper resource comprising approximately 94 million tonnes grading approximately 0.6 grams per tonne gold and 0.11% total copper. CAUTION: The historical estimate presented above is relevant to the further exploration of the project which, the Company is currently undertaking with a drill program. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and the Issuer is not treating the historical estimate as current mineral resources or mineral reserves; therefore they should not be relied upon. The term ” drill indicated geologic resource” is a historical term used by CBI, not comparable to the CIM defined inferred resource, and should be compared to a potential mineral deposit requiring further exploration drilling to define an initial resource. There is no recent drill information on the Groete Creek project, and further drilling will be required to upgrade and verify the historical estimate as a current mineral resource, and there is no certainty that this can be accomplished. There is no current data available for the project, but drill results are anticipated in the near future.

Hole TW11-013 was located as a twin to historical drill hole C96-13, and is located at the western edge of the known mineralized zone. Hole TW11-012 was located as a twin to historical drill hole C96-12 and was located approximately 200 meters east of TW11-013. Hole TW11-03 was located approximately 600 meters north east of TW11-013 and was drilled as a twin to historical hole C94-03. Hole TW11-015 was drilled approximately 1,000 meters east of TW11-013 and is a twin to historical drill hole C96-15. Drilling was supervised by Mr. Brian Sucre, a director of the Company. Samples were cut and logged on site, as specified by P and E Mining Consultants Inc. ( Brampton , Ontario Canada ) under the Quality Assurance and Quality Control requirements of NI 43-101. After bagging, and under security, the samples were taken to ACME Laboratories of

Georgetown , Guyana, for preparation work. Assay work is being completed by ACME Laboratories of Vancouver, B.C. Canada. Drilling is ongoing at the project, and a second drill rig is expected to be in service in December.

Gold Port has replicated as closely as possible the original drill locations for the potential re-calculation of the historical gold zone to NI 43-101 standards. Further details are located at the Company website – www.resourceexploration.com. Exploration work is ongoing at the project. Survey lines are being cut across the adjacent Georgetown West project area in advanced preparation for a Geoprobe soil sampling program.

Groete Creek West Contract Update
The Company announced on September 13, 2011 that it had entered into a purchase agreement to acquire 100% of the Groete Creek West Gold Project in Guyana, South America. The terms of the purchase option are $180,000 USD and 500,000 common shares over four years.

Mr. Paul Pelke, a Qualified Person under NI 43-101 and a consultant to the Company has reviewed the content of this press release.

On Behalf of the Board of Directors of Gold Port Resources Ltd.

Adrian F.C. Hobkirk, President and Chief Executive Officer  adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk toll free at 855-894-4524, 714-316-3272 or email: adrianh@resourceexploration.com.

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain ” forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour

Print PDF

Vancouver, British Columbia – Gold Port Resources Ltd. (TSX-V: GPO) (the “Company”) announces the closing of the Third and Final Tranche of 1,000,000 units of the Non-Brokered Private Placement announced August 11, 2011 raising gross proceeds of $120,000.

Each unit was priced at $0.12 per unit and was comprised of one common share and one non-transferable share purchase warrant entitling the holder to acquire an additional common share at a price of $0.15 per share for a period of two years from the date of closing. The First Tranche was closed on September 16, 2011. The Second Tranche was closed on September 19, 2011. The Third and Final Tranche was closed on September 28, 2011. The units are subject to a hold period expiring January 29, 2012. Commissions of $6,600 and 55,000 Agents Warrants were payable to Union Securities Ltd.; $1,200 and 10,000 Agents Warrants were payable to Jennings Capital Inc. in conjunction with a portion of the private placement. All warrants issued to Agents were issued under the same terms and conditions as the units sold pursuant to the private placement.

On Behalf of the Board of Directors of Gold Port Resources Ltd.
Adrian F.C. Hobkirk, President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk toll free at 855-894-4524, 714-316-3272 or email: adrianh@resourceexploration.com or Allan Feldman at AJF Consultants Ltd. at 604-948-9663 or email:  AJFConsultants@aol.com.

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.

Print PDF

Vancouver, British Columbia – Gold Port Resources Ltd. (TSX-V: GPO) (the “Company”) announces the closing of the Second Tranche of 1,220,000 units of the Non-Brokered Private Placement announced August 11, 2011 raising gross proceeds of $146,400.

Each unit was priced at $0.12 per unit and was comprised of one common share and one non-transferable share purchase warrant entitling the holder to acquire an additional common share at a price of $0.15 per share for a period of two years from the date of closing. The First Tranche was closed on September 16, 2011. The Second Tranche was closed on September 19, 2011. The units are subject to a hold period expiring January 20, 2012. No commissions were payable.

On Behalf of the Board of Directors of Gold Port Resources Ltd.

Adrian F.C. Hobkirk, President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272, toll free at 855-894-4524 or email: adrianh@resourceexploration.com.

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity,financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.

Print PDF

Vancouver, British Columbia – Gold Port Resources Ltd. (TSX-V: GPO) (the “Company”) announces the closing of the First Tranche of 7,471,167 units of the Non-Brokered Private Placement announced August 11, 2011 raising gross proceeds of $896,540.04.

Each unit was priced at $0.12 per unit and was comprised of one common share and one non-transferable share purchase warrant entitling the holder to acquire an additional common share at a price of $0.15 per share for a period of two years from the date of closing. The First Tranche was closed on September 16, 2011. The units are subject to a hold period expiring January 17, 2012. Commissions of $25,500 and 212,500 Agents Warrants were payable to Canaccord Genuity Corp.; $10,020 and 83,500 Agents Warrants were payable to Union Securities Ltd.; $600 and 5,000 Agents Warrants were payable to Mackie Research Capital Corp; $1,770 and 14,750 Agents Warrants were payable to Raymond James Ltd.; $10,260 and 85,500 Agents Warrants were payable to PI Financial Corp.; $12,000 and 100,000 Agents Warrants were payable to C&D Finanz AG in conjunction with a portion of the private placement. All warrants issued to Agents were issued under the same terms and conditions as the units sold pursuant to the private placement.

On Behalf of the Board of Directors of Gold Port Resources Ltd.
Adrian F.C. Hobkirk,   President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272, toll free at 855-894-4524 or email: adrianh@resourceexploration.com.

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.
Print PDF

Vancouver, British Columbia – Gold Port Resources Ltd. (TSX-V: GPO) (“The Company”) is pleased to report it has entered into a purchase agreement to acquire 100% of the Groete Creek West Gold Project in Guyana, South America. It is comprised of seven Prospecting Permits ( Medium Scale ) and totals 2,723 hectares. The Groete Creek West Gold Project is situated in Cuyuni Mining District 4. Access is by road from Manaka Landing. The project immediately adjoins the Company owned Groete Creek Gold Project to the east, where the Company is currently completing a 3,000 meter confirmation drill program.

Terms of the purchase option are $180,000 USD and 400,000 common shares over four years, and a cash payment at mine construction equal to $10.00 USD per ounce of gold identified as to Canadian Institute of Mining and Metallurgy standards for a reserve. The Groete Creek West Gold Project Purchase Agreement is subject to the approval of the TSX Venture Exchange.

The Groete Creek West Gold Project significantly expands the Company interests around the Groete Creek Gold Project. There is currently mining activity by local artisanal groups on the Groete Creek West and Georgetown West properties. Company security forces are limiting this type of activity on the Groete Creek Gold Project. Historical drilling by Coeur d’Alene Mines on the Groete Creek Gold Project identified an east west trending gold mineralized zone as outlined in prior news releases. The Company now controls a 15 kilometer east to west continuous claim group, comprising the Groete Creek West, Groete Creek ( location of historical and current drilling ), and Georgetown West Gold Projects. A Company owned Acker drill rig is completing a confirmation drill program at this location. Core is being split on site, logged and then shipped to ACME Laboratories of Guyana, for evaluation. A second Acker drill rig has been acquired by the Company and is currently in transit to the Groete Creek Gold Project. A Geoprobe drill is being moved into the project area for use on all properties.

On Behalf of the Board of Directors of Gold Port Resources Ltd.

Adrian F.C. Hobkirk, President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk toll free at 855-894-4524, 714-316-3272 or email: adrianh@resourceexploration.com.

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.

Print PDF