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Great Atlantic Confirms New Gold Soil Anomaly 500 Meters long and 200 Meters Wide Never Drilled
100% Owned Golden promise Property Central Newfoundland VANCOUVER, BC / ACCESSWIRE /...
About this update from Great Atlantic Resources Corp.
[{"type":"text","content":"Great Atlantic Confirms New Gold Soil Anomaly 500 Meters long and 200 Meters Wide Never Drilled100% Owned Golden promise Property Central NewfoundlandVANCOUVER, BC / ACCESSWIRE / November 20, 2020 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the \"Company\" or \"Great Atlantic\") is pleased to announce it has confirmed a zone of gold soil geochemical anomalies in the southwest region of its Golden Promise Gold Property. The property is located within the central Newfoundland gold belt. The Company refers to the zone of gold soil anomalies, defined by 2018 - 2020 soil sampling, as Gold Soil Anomaly 1. Key points are:Gold soil anomalies within a zone at least 500 meters long, with an apparent width of approximately 90-200 meters (defined by 4 sample lines).Approximately 78% of samples (22 of 28 samples) within the zone are anomalous for gold, including 6 samples exceeding 30 ppb gold (up to 77 ppb gold). New target area - never been drilled.Great Atlantic initially identified local gold soil geochemical anomalies during 2018 reconnaissance sampling within the southwest region of the Golden Promise Property, approximately 4 kilometers northeast of the Linda / Snow White gold bearing quartz vein system. Soil samples within a distinct anomalous zone returned up to 77 parts per billion (ppb) gold (Company News Release of September 27, 2018). Historic gold soil anomalies were reported in this region. The 2018 gold soil anomalies were discovered along two parallel northwest-southeast trending sample lines.The 2020 soil sampling further confirmed this zone of gold soil anomales, which the Company refers to as Gold Soil Anomaly 1. Multiple soil samples collected during 2020 along two east-west sample lines in the area of the 2018 sample lines returned anomalous gold values. The combined 2018 and 2020 soil samples identify an apparent north - south zone of gold soil anomalies being at least 500 meters long with an apparent width of approximately 90-200 meters. Approximately 78% of the 2018 and 2020 samples (22 of 28 samples) within this anomalous zone returned anomalous values for gold of 5 ppb and greater. Half of the samples within this anomalous zone returned 10 ppb and greater for gold while six samples returned 31-77 ppb gold. Sampling to date indicates the anomalous zone to be open to the north and may continue to the southeast.The Go...