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Great Atlantic - 2.30 g/t Gold Over 25.25 meters - Golden Promise Gold Property Newfoundland
VANCOUVER, BC / ACCESSWIRE / February 12, 2020 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (th...
About this update from Great Atlantic Resources Corp.
[{"type":"text","content":"Great Atlantic - 2.30 g/t Gold Over 25.25 meters - Golden Promise Gold Property NewfoundlandVANCOUVER, BC / ACCESSWIRE / February 12, 2020 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the \"Company\" or \"Great Atlantic\") is pleased to announce it has received analytical results for the fourth drill hole (GP19-140) completed during the 2019 Phase 1 diamond drilling program at its Golden Promise Gold Property, located within the central Newfoundland gold belt. The drilling program was conducted at the Jaclyn Main Zone. GP19-140 intersected a near-surface interval with five gold bearing quartz veins / quartz veined sections, the entire interval grading 2.30 grams per tonne (g/t) over 25.25 meters (core length). Gold-bearing quartz veins in GP19-140: 2.30 g/t gold over 25.25 metersDrill Hole GP19-140 tested the west half of the Jaclyn Main Zone (JMZ) within the conceptual open pit area. The hole was drilled at approximately 340 degrees azimuth at a dip of approximately 75 degrees to intersect the gold bearing, northeast-east striking, southeast-dipping JMZ quartz vein system. The hole tested an area of the JMZ where at least two gold bearing veins are reported.GP19-140 intersected five near-surface, gold bearing quartz veins / quartz veined sections at 51.80-77.05 meters. This 25.25-meter core length interval graded 2.30 g/t gold with internal higher-grade intervals, including (core length):12.50 g/t gold over 1.60 meters.12.33g/t gold over 0.85 meters.11.38g/t gold over 1.46 meters.8.68 g/t gold over 0.90 meters.3.06 g//t gold over 0.68 meters.Drill hole GP19-140 confirmed multiple near-surface gold bearing quartz veins locally within the west region of the JMZ. Assays received for near-by drill hole GP19-138 also confirmed two gold bearing veins in this part of the JMZ with intersections of 113.07 g/t gold over 0.55 meters and 93.96 g/t gold over 0.27 meters (Great Atlantic News Release of February 6, 2020). GP19-140 was collared approximately 20 meters northeast of drill hole GP19-138. GP19-138 was also drilled to the northwest (an approximate 63 degrees dip to an azimuth of approximately 333 degrees).David Martin, VP Exploration for Great Atlantic Resources states, \"drill hole GP19-140 establishes the potential for local increased width and potential additional gold-bearing structures in this near-surface part of the JMZ with ...