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InvestmentPitch Media Video Discusses Great Atlantic's 1st Two Holes of 2019 Phase 1 Diamond Drill Program at its Golden Promise Property in Central Newfoundland Gold Belt - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2019) - Great Atlantic Resources (T...
About this update from Great Atlantic Resources Corp.
[{"type":"text","content":"InvestmentPitch Media Video Discusses Great Atlantic's 1st Two Holes of 2019 Phase 1 Diamond Drill Program at its Golden Promise Property in Central Newfoundland Gold Belt - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - October 30, 2019) - Great Atlantic Resources (TSXV: GR) (FSE: PH01) has completed the first two holes of the 2019 Phase 1 diamond drill program at its Golden Promise Property. The Golden Promise Gold Property, located in the central Newfoundland gold belt, is just one of many projects in the company's portfolio of properties in the Atlantic provinces.For more information, please view the InvestmentPitch Media \"video\" which provides additional information about this news and the company. If this link is not enabled, please visit www.InvestmentPitch.com and enter \"Great Atlantic\" in the search box.Cannot view this video? Visit:http://www.investmentpitch.com/Diamond drilling is being conducted at the Jaclyn Zone, which hosts multiple gold-bearing quartz vein systems. The first two holes of the program, GP-19-137 and GP-19-138, tested the west half of the Jaclyn Main Zone, within the conceptual pit-constrained area. Both holes intersected quartz veins with plus/minus sulfide mineralization.The company has a drill permit which allows for up to 24 drill holes in the northern half of the property at the gold-bearing Jaclyn Zone. The Phase 1 drilling program will be a minimum of 1,000 meters and is expected to test the west half of the Jaclyn Main Zone and test the deeper region of the zone to expand the resource. The Jaclyn Zone is located within the northern region of the Golden Promise Property and has been the focus of multiple diamond drilling programs during 2002 to 2010 and a bulk sample program during 2010.Five gold bearing quartz vein systems are reported at the Jaclyn Zone, being the Jaclyn Main Zone, Jaclyn North Zone, Jaclyn West Zone, Jaclyn South Zone and Jaclyn East Zone. The company confirmed gold bearing quartz vein bedrock and/or float at the Jaclyn North Zone during 2017 trenching. Some holes will test along the projected strike east of Jaclyn North Zone in an area of high-grade quartz boulders discovered during trenching in 2017, which returned samples of 78, 163, 208 and 332 grams per tonne gold.The company reported a NI 43-101 Mineral Resource Estimate for ...