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Great Atlantic to Resume Drilling at the Jaclyn Main Zone with Bulk Sample Area Utilizing Novamera's Proprietary Guidance Tool at its 100% Owned Golden Promise Gold Property - Central Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - November 21, 2024) - GREAT ATLANTIC RESOURCES COR...
About this update from Great Atlantic Resources Corp.
[{"type":"text","content":"Great Atlantic to Resume Drilling at the Jaclyn Main Zone with Bulk Sample Area Utilizing Novamera's Proprietary Guidance Tool at its 100% Owned Golden Promise Gold Property - Central NewfoundlandVancouver, British Columbia--(Newsfile Corp. - November 21, 2024) - GREAT ATLANTIC RESOURCES CORP. (TSXV: GR) (the \"Company\" or \"Great Atlantic\") is pleased to announce its wholly owned subsidiary, Golden Promise Mines Inc., will resume the 2024 diamond drilling program at its Golden Promise Gold Property during the first week of December. This next phase of the 2024 drill program will utilize Novamera's proprietary Guidance Tool with three additional drill holes planned in December. The fully funded 2024 drill program is being conducted at the gold bearing Jaclyn Main Zone (JMZ) in the area of a planned bulk sample. The property is located in central Newfoundland.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/3027/230808_bd0dc54c744a48a7_002full.jpgEight drill holes have been completed to date during 2024, seven of which intersected quartz veins with visible gold. Analytical results for drill core samples received to date for three holes have confirmed high grade gold including 34.87 grams / tonne (g/t) gold over 0.53 meters and 12.98 g/t gold over 0.64 meters (see news releases on the Company's website). These intervals are core length.The collars for these holes and collars for Great Atlantic's 2019-2021 drill holes in this area have been recently surveyed in preparation for resumption of drilling in December.The 2024 drill program is being conducted with partner Novamera Inc. The three remaining holes will include Novamera's proprietary Guidance Tool, which will provide increased data and orebody knowledge to define the vein's shape, geometry, and continuity. The 2024 diamond drill program is being conducted in the west region of the JMZ in the area of a planned bulk sample, which is also fully funded.Whereas the first eight holes (GP-24-157 to GP-24-164) of the 2024 drill program were drilled to crosscut the steeply dipping, east to slightly northeast trending JMZ, the three remaining close-spaced holes will be steep holes to be drilled approximately down-dip of the JMZ quartz vein(s) in the area of the planned bulk sample. This drilling will be managed by Novamera Inc.Quartz vei...