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Great Atlantic Begins 2022 Exploration Program at Its 100% Owned Keymet Precious Metal - Base Metal Property, New Brunswick
VANCOUVER, BC / ACCESSWIRE / July 7, 2022 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the "Co...
About this update from Great Atlantic Resources Corp.
[{"type":"text","content":"Great Atlantic Begins 2022 Exploration Program at Its 100% Owned Keymet Precious Metal - Base Metal Property, New BrunswickVANCOUVER, BC / ACCESSWIRE / July 7, 2022 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the \"Company\" or \"Great Atlantic\") is pleased to announce it has begun the 2022 exploration program at its 100% owned Keymet Precious Metal - Base Metal Property, located in northeast New Brunswick. The program is being conducted within and surrounding a zone of gold soil anomalies identified during 2021. The anomalous zone covers an area of approximately 850 meters by 500 meters, being open in all directions. Approximately 66% of the 2021 soil samples within the zone returned anomalous gold values of 0.005 - 0.067 parts per million (ppm) (Company news release of December 10, 2021). Prospecting and rock - soil geochemical sampling is currently being conducted.The current program is being conducted within the central region of the Keymet Property within and surrounding the zone of gold soil geochemical anomalies. Soil geochemical sampling is being conducted to further define gold anomalies and determine the extent of the gold anomalies. Prospecting and rock geochemical sampling are also being conducted to identify potential sources of the gold soil anomalies and further define trench and drill targets. This region of the property is relatively underexplored. Company management believe this area has potential to host gold deposits given its location along the reported northeast-southwest contact between Ordovician - Early Silurian Fournier Group rocks and Silurian Chaleurs Group rocks. Gold deposits occur approximately 4.5-5 kilometers southwest of this survey area and west of the Company's Keymet Property close to this geological contact.The 2021 soil geochemical sampling in the central region of the Keymet Property was conducted along four northwest-southeast traverses within an area of approximately 850 meters long by approximately 600 meters wide with a total of 91 samples collected. Highlights include:Sixty of the 91 soil samples returned anomalous gold values of 0.005 ppm and higher.One or more samples from each of the four traverses exceeded 0.010 ppm gold with 12 samples returning 0.011 - 0.067 ppm gold.Five of seven 7 consecutive samples along an approximately 150-meter section of one traverse returned gold value...