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Great Atlantic Identifies 200 Meter By 500 Meter Gold Zone With Further Potential 90% of Anomalies Anomalous
100% OWNED KEYMET PRECIOUS METAL - BASE METAL PROPERTY, NORTHEAST NEW BRUNSWICK VANCOUVER, BC...
About this update from Great Atlantic Resources Corp.
[{"type":"text","content":"Great Atlantic Identifies 200 Meter By 500 Meter Gold Zone With Further Potential 90% of Anomalies Anomalous100% OWNED KEYMET PRECIOUS METAL - BASE METAL PROPERTY, NORTHEAST NEW BRUNSWICKVANCOUVER, BC / ACCESSWIRE / March 23, 2023 / GREAT ATLANTIC ESOURCES CORP. (TSXV:GR) (the \"Company\" or \"Great Atlantic\") is pleased to announce it has received analytical results for soil samples collected during 2022 at its Keymet Precious Metal - Base Metal Property, located in northeast New Brunswick. The analytical results (along with 2021 soil sample results) define a zone of gold soil anomalies approximately 200 meters by 200-500 meters of which 39 of 44 samples (88% of samples) from this zone returned anomalous values of 0.005-0.067 parts per million (ppm) gold (5-67 parts per billion (ppb)), establishing a priority target area. This anomalous zone is open to the west.The 2022 soil geochemical survey (66 samples) was conducted within the west-central region of the Keymet Property in the area of the 2021 soil geochemical survey which identified a new zone of gold soil anomalies in an underexplored region of the property (Company News Release of December 10, 2021). The 2021 and 2022 sampling were conducted along six northwest - southeast trending lines. The objective of the 2022 soil sampling was to further define gold anomalies. The 2022 soil samples were submitted to ALS Canada Ltd. for gold assay and multi-element analysis. Seven samples could not be assayed for gold due to non-sufficient sample after sieving. Twenty-six samples returned anomalous values of 0.005-0.049 ppm gold (44% of samples analyzed for gold) with twelve samples returning 0.012-0.049 ppm gold (20% of samples analyzed for gold).The majority of anomalous 2022 samples are from the western 2022 sample line with 14 of 17 samples along an approximately 430 meters long section returning anomalous values of 0.005-0.049 ppm gold. These results and results from the two adjacent 2021 sample lines define an anomalous zone of approximately 200 meters by 200-500 meters, being open to the west. Of the 44 2021 and 2022 samples within this zone, 39 samples (88%) returned anomalous gold values in the 0.005-0.067 ppm range and 19 samples (43%) returned 0.011-0.067 ppm gold. Great Atlantic management view this zone as a priority target and are planning additional soil sampling and g...