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Great Atlantic Begins 2020 Exploration Program at Golden Promise Gold Property - Central Newfoundland
VANCOUVER, BC / ACCESSWIRE / May 28, 2020 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR)(FRA:PH01...
About this update from Great Atlantic Resources Corp.
[{"type":"text","content":"Great Atlantic Begins 2020 Exploration Program at Golden Promise Gold Property - Central NewfoundlandVANCOUVER, BC / ACCESSWIRE / May 28, 2020 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR)(FRA:PH01) (the \"Company\" or \"Great Atlantic\") is pleased to announce it has begun the 2020 exploration program at its Golden Promise Gold Property, located in the central Newfoundland gold belt. Exploration will be conducted this year in numerous regions of the property focusing on areas of gold bearing quartz veins and quartz vein float and areas of gold soil geochemical anomalies. Exploration is currently underway in the southwest region of the property in an area of gold soil geochemical anomalies to define trenching and diamond drilling targets.The Company has commenced prospecting and rock geochemical sampling and grid level soil geochemical sampling in the southwest region of the Golden Promise Property within an area of gold soil geochemical anomalies located northeast of the gold bearing Linda - Snow White quartz vein system. Great Atlantic discovered gold soil anomalies during 2018 reconnaissance exploration within this region of the property (Company News Release of September 27, 2018), referred to as Gold Anomaly 1. The gold soil anomalies are located approximately 4 kilometers northeast of the northeast-southwest striking Linda - Snow White gold bearing quartz vein system. The anomalies were discovered along two parallel sample lines. Highlights for Gold Anomaly 1 include:Soil samples returned as high as 77 parts per billion (ppb) Gold.570 Meter soil line, all samples anomalous for Gold.Brand new target area, never been drilled. Located approximately 4 kilometers northeast of the Linda - Snow White gold bearing quartz vein zone (historic drill intercepts include 19.5 G/T Gold over 1.15 meters).Ground geophysics is also planned during 2020 at the Gold Anomaly 1 target area.Great Atlantic is planning Phase 2 diamond drilling during 2020 in the northern region of the Golden Promise Property at the Jaclyn Zone pending approval from the Newfoundland and Labrador Department of Natural Resources. The Company has applied for a diamond drilling permit for the Jaclyn Zone, specifically for the Jaclyn Main Zone (JMZ) and Jaclyn North Zone (JNZ) (Company News Release of May 20, 2020).Planned Phase 2 drill holes include in-fill holes at the JM...