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Great Atlantic Announces its Kagoot Brook COBALT Property Available for Option

New Brunswick VANCOUVER, BC / ACCESSWIRE / November 29, 2022 / GREAT ATLANTIC RESOURCES CORP...

articleGreat Atlantic Resources Corp.November 29, 20224/company/great-atlantic-resources-corp/news/great-atlantic-announces-its-kagoot-brook-cobalt-property-available-for-option
Great Atlantic Announces its Kagoot Brook COBALT Property Available for Option

About this update from Great Atlantic Resources Corp.

[{"type":"text","content":"Great Atlantic Announces its Kagoot Brook COBALT Property Available for OptionNew BrunswickVANCOUVER, BC / ACCESSWIRE / November 29, 2022 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the \"Company\" or \"Great Atlantic\") is pleased to announce it Kagoot Brook Cobalt Property has become available for Option. The Kagoot Brook Property, a 4,233-hectare mineral claim area located in the Bathurst mining camp, New Brunswick, Canada. Great Atlantic retains a 100% interest in the cobalt/ nickel project. Great Atlantic completed prospecting and rock geochemical sampling during October at the Kagoot Brook Property. Analytical results are pending for the rock samples. Highly anomalous cobalt in stream and spring sediment / silt samples are reported within the central region of the property (up to 6,000 ppm cobalt reported).The Kagoot Brook Property covers reported historical cobalt stream and spring sediment / silt geochemical anomalies, with some samples reported from two streams (tributaries of Kagoot Brook) reported to be highly anomalous, including:Cobalt stream and spring sediment anomalies were reported by the New Brunswick Department of Natural Resources in the early 1980s with five samples reported to return highly anomalous values of 801, 1259, 1261, 1297 and 1316 parts per million (ppm) cobalt (Davies, 1982).Cobalt stream silt anomalies were reported by Brunswick Mining and Smelting Corp. in the mid-1980s in the same area including multiple samples reported to exceed 1,000 ppm cobalt including samples reported to return 3,800 and 6,000 ppm cobalt (Brown, 1985).Stream silt sampling during 2018 by Explorex Resources Inc. also confirmed highly anomalous cobalt values with nine samples reported to exceed 1,000 ppm cobalt (up to 3,190 ppm cobalt (Kemp, 2019).The source of the cobalt geochemical anomalies has not been identified.Chargeability anomalies and resistivity low geophysical anomalies were reported within the Kagoot Brook Property during 2012 and 2013 Induced Polarization (IP) and resistivity geophysical surveys (Vickers, 2012 and Vickers, 2013).Great Atlantic conducted prospecting and rock geochemical sampling during October 2022 within the central region of the Kagoot Brook Property in the general area of the reported cobalt stream and spring sediment / silt geochemical anomalies. A total of 14 rock samples were collected. G...

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