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Great Atlantic Maiden Drilling Program at Otter Brook Gold Showing Intersects 4.95 G/T Gold over 0.50 Meters in 100% Owned Golden Promise Gold Property Central Newfoundland
VANCOUVER, BC / ACCESSWIRE / May 31 2022 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the "Com...
About this update from Great Atlantic Resources Corp.
[{"type":"text","content":"Great Atlantic Maiden Drilling Program at Otter Brook Gold Showing Intersects 4.95 G/T Gold over 0.50 Meters in 100% Owned Golden Promise Gold Property Central NewfoundlandVANCOUVER, BC / ACCESSWIRE / May 31 2022 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the \"Company\" or \"Great Atlantic\") is pleased to announce it has received gold assays for drill core samples from its fall 2021 diamond drilling program at the Otter Brook gold showing, located in the east region of its 100% owned Golden Promise Gold Property. The gold assays were for the first nine holes of the twelve-hole program. The Golden Promise Property is located within the central Newfoundland gold belt.Samples from four holes exceeded 1 gram / tonne (g/t) gold including 4.95 g/t gold over 0.50 meters core length in drill hole OB-21-9. Samples from other holes returned anomalous gold values. Based on depths and locations of intersected gold bearing intervals, Company management are interpreting at least four gold bearing veins / structures at / near this showing.Quartz-carbonate-pyrite vein in drill hole OB-21-1 (1.20 g/t Au / 0.30 meters)The drilling program at the Otter Brook gold showing consisted of 12 holes (1,651 meters), testing the Otter Brook gold showing down-dip and along its projected strike. Gold assays have been received for the first nine holes (OB-21-1 to OB-21-9), including the following intercepts:Hole No.From (m)To (m)Core Length (m)Au (g/t)DescriptionOB-21-164.6064.900.301.201Mudstone and graphitic sediments with quartz-carbonate-sulfide (pyrite and chalcopyrite) veins.OB-21-368.8269.200.380.475Brecciated / fractured mudstone with by quartz-sulfide (pyrite, chalcopyrite) veinlets & veins.OB-21-369.2070.100.900.943Brecciated / fractured mudstone with by quartz-sulfide (pyrite, chalcopyrite) +/- carbonate veins.OB-21-3179.50179.840.342.393Mudstone with a carbonate-pyrite vein.OB-21-493.5193.810.300.762Brecciated mudstone with pyrite and chalcopyrite. Carbonate and pyrite veining.OB-21-840.1540.720.571.147Mudstone with quartz-carbonate-sulfide (pyrite and chalcopyrite) veinlets / veins.OB-21-949.6850.180.504.949Fault zone (graphitic sediments and mudstone) with a 10 cm wide sulfide (pyrite and chalcopyrite) vein.Of note, A 0.48-meter core length sample containing a quartz-carbonate-pyrite vein from drill hole OB-21-7 returned an anomalous valu...