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Great Atlantic Resources Begins Trenching Program at its Mascarene Copper, Nickel, Cobalt, Gold Property Southwest New Brunswick
VANCOUVER, BC / ACCESSWIRE / December 15, 2020 / 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 / December 15, 2020 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the \"Company\" or \"Great Atlantic\") is pleased to announce it has begun a trenching program at its Mascarene Property, located in southwest New Brunswick. The program is being conducted within the east region of the property testing areas of historically reported copper, cobalt and nickel mineralization within a broad magnetic high trend. The December trenching program is being conducted in the area of two small quarries, one of which is referred to in historic reports as the North Pit. Historic rock samples from the area of the North Pit are reported up to 0.45% copper, up to 0.31% cobalt and up to 0.30% nickel. Some historic samples from this pit are also reported to be anomalous for gold. The north pit has since been backfilled. Trenching will be conducted adjacent to the North Pit. Some rock samples collected during 2020 by Great Atlantic from the area of the second small quarry returned anomalous values for copper and gold. Trenching is planned adjacent to this quarry. Rock geochemical samples will be collected during the program. Historic pits / shafts are reported in multiple regions of the Mascarene Property dating back to the 1800s (New Brunswick. Dept. of Natural Resources and Energy Development Mineral Assessment Reports and Mineral Occurrence Database files), of which Great Atlantic has located such workings in the south, west and east regions of the property. Sulfide bearing veins are reported at some of these sites. One such location of historic shafts in the east region of the property is at the Oliver and Oliver-Cameron workings, which are located approximately 700 - 800 meters southwest of the North Pit. Seven rock rubble samples collected by Great Atlantic during 2018 in the area of the Oliver and Oliver Cameron workings returned 1.84 - 5.02% copper and up to 2.01 grams per tonne (g/t) gold, up to 0.22% nickel and up to 0.14% cobalt (Company News Release of October 17, 2018). A 2001 government airborne magnetic survey identified magnetic anomalies within the property including a broad magnetic high trend extending through the area of the Oliver and Oliver Cameron workings and the area of the North Pit. Great Atlantic management speculate these anomalies to be associated with a buried mafic intrusion(s). David Martin, ...