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Great Atlantic Begins Diamond Drilling Program 100% Owned Golden Promise Gold Property, Central Newfoundland
VANCOUVER, BC / ACCESSWIRE / November 5, 2020 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the...
About this update from Great Atlantic Resources Corp.
[{"type":"text","content":"Great Atlantic Begins Diamond Drilling Program 100% Owned Golden Promise Gold Property, Central NewfoundlandVANCOUVER, BC / ACCESSWIRE / November 5, 2020 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the \"Company\" or \"Great Atlantic\") is pleased to announce it has begun the Fall 2020 Phase 2 diamond drilling program at its Golden Promise Gold Property, located within the central Newfoundland gold belt. Drilling equipment has been mobilized to the Jaclyn North Zone with drilling currently underway on the first drill hole of the 2020 program.The Fall 2020 Phase 2 drilling program will:Include in-fill drill holes at the Jaclyn Main Zone (JMZ) in an area of multiple gold bearing quartz veins (including 2019 core length intersections of 61.3 g/t gold over 2.04 meters and 2.3 g/t gold over 25.25 meters).Test east of the Jaclyn North Zone (JNZ) along its projected strike, including areas of quartz boulders containing high grade gold (including 2017 boulder samples returning 163.9, 208.5 and 332.6 g/t gold).Quartz Vein Boulder with Visible Gold from 2017 Trench 4 east of JNZ(2.9 Kg Grab Sample Returned 332.6 g/t Au)The Fall 2020 Phase 2 diamond drilling program is currently underway at the Jaclyn Zone, located in the northern region of the Golden Promise Property. Orientated core equipment is being used during the Phase 2 program. The Jaclyn Zone hosts five gold bearing quartz veins systems, including the JMZ and JNZ. The Company received a permit for 26 drill holes at the Jaclyn Zone during August 2020 (Great Atlantic News Release of August 18, 2020).The first hole is currently being drilled at the JNZ, testing the extension of gold bearing quartz veins along strike east of historic drill holes. Planned drill holes in this area will also test areas of quartz boulders containing high grade gold. During 2017 Great Atlantic excavated high-grade quartz boulders in trenches east of the JNZ along its projected strike. Boulder grab sample assays included 163.9, 208.5 and 332.6 grams per tonne (g/t) gold (Great Atlantic News Release of August 31, 2017). The JNZ is located approximately 250 meters north of the JMZ.The 2020 drilling program will include infill drill holes at the JMZ in an area of multiple gold bearing quartz veins including high grade intersections during the Company's 2019 Phase 1 drilling program. (Company News Releases of F...