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Great Atlantic Resources Begins 2022 Exploration Program at Its 100% Onwed Golden Trust Property Central Newfoundland
VANCOUVER, BC / ACCESSWIRE / September 8, 2022 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the "Company" or "Great Atlantic") is pleased to announce it has begu
About this update from Great Atlantic Resources Corp.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / September 8, 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 Golden Trust Project, located within central Newfoundland and 1.5 kilometers north of the Valentine Gold Project of Marathon Gold Corp (MOZ). The program is focusing on areas of gold soil anomalies identified during the 2020 exploration program. Twenty-three of the 125 reconnaissance soil samples collected during 2020 within the property returned anomalous gold values (Company news release of January 27, 2021). The 2022 program is being focused within the northern region of the property in areas of gold soil geochemical anomalies and the southern region of the property. The program consists of prospecting and rock geochemical sampling and soil geochemical sampling to further define gold soil geochemical anomalies and identify target areas for geophysical surveys and trenching and diamond drilling. Twenty-three of the 2020 samples (approximately 18% of the samples) returned anomalous values of 6-52 parts per billion (ppb) gold of which eleven samples (approximately 9% of the samples) returned 11-52 ppb gold and 4 samples exceeded 20 ppb gold (24-52 ppb Au). The gold anomalies as identified by 2020 sampling occur as single sample anomalies and as clusters of anomalous samples. Highlights include: Sixteen of 50 samples (approx. 32% of the samples) along an approximate 1.3-kilometer section of a soil line returned 6-26 ppb gold with 6 samples returning 11-26 ppb gold. Three of six samples along an approximate 130-meter section of a soil line returned gold values of 14, 19 and 52 ppb. Scattered additional gold anomalies up to 28 ppb gold. The 2020 soil samples were analyzed by Eastern Analytical Ltd. The soil samples were dried and sieved to -80 mesh. Subsamples of the sieved portions were analyzed for gold by fire assay - atomic absorption (AA) and for 34 elements by four acid - ICP-OES. Great Atlantic is independent of Eastern Analytical Ltd. The Golden Trust Property is located 1.5 kilometers north of the Valentine Gold Project of Marathon Gold Corp. and approximately 44 km southwest of Great Atlantic's Golden Promise Property. The Golden Trust Property is located within the prospective Victoria Lake Supergroup which hos...