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Great Atlantic Applies for 2700 Tonne Bulk Sample Permit Targeting a High Grade Area Within Its 119,900 Oz Resource Averaging 10.4 G/T Gold at Jaclyn Main Zone, 100% Owned Golden Promise Gold Property - Central Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - GREAT ATLANTIC RESOURCES CORP. ...
About this update from Great Atlantic Resources Corp.
[{"type":"text","content":"Great Atlantic Applies for 2700 Tonne Bulk Sample Permit Targeting a High Grade Area Within Its 119,900 Oz Resource Averaging 10.4 G/T Gold at Jaclyn Main Zone, 100% Owned Golden Promise Gold Property - Central NewfoundlandVancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - GREAT ATLANTIC RESOURCES CORP. (TSXV: GR) (the \"Company\" or \"Great Atlantic\") is pleased to announce its wholly owned subsidiary, Golden Promise Mines Inc., has submitted a bulk sampling application to the Newfoundland and Labrador Department of Industry, Energy and Technology for its Golden Promise Gold Property, located in central Newfoundland. Bulk Sample Target Area - Golden PromiseTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3027/247938_001b280f34722b52_002full.jpgThe application is for extraction of a bulk sample at the gold bearing Jaclyn Main Zone (JMZ). \"With the recent $2.6-billion Equinox-Calibre deal (EQX & CXB) highlighting the strategic value of Newfoundland's gold assets, we are encouraged to be advancing our 22,000 HA Land Package in Great Atlantics wholly owned Sub , Golden Promise Mines Inc which is as close as 1 kilometre from Calibre's Valentine Gold Mine, 24000 HA Land Package putting us right next door to one of the region's largest and most active gold operations. As we move forward with the world's first innovative precision mining initiative being funded by Digital cluster Canada in conjunction with Novamera at the Jaclyn Main Zone, we believe Great Atlantic is well positioned to benefit from the increasing attention and consolidation activity in this high-grade gold district,\" states - Mr. Anderson, CEO & President.Pending bulk sampling approval, extraction of the planned approximately 2700 tonne bulk sample at the JMZ is planned during the summer of 2025 by Golden Promise Mines Inc. with partner Novamera Inc. using a precision mining method, powered by Novamera's full suite of Surgical MiningTM technologies. The transformative new mining method leverages hardware, software, AI and ML paired with conventional drilling equipment to extract ore at a fraction of the cost of conventional mining methods. Three large diameter drill holes are planned to extract the bulk sample.The planned bulk sampling work at the JMZ will be funded in part by co-investment from D...