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InvestmentPitch Media Video Discusses Great Atlantic's Golden Promise Property in Central Newfoundland and Application for 2 New Drill Permits - Video Available on Investmentpitch.com
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2021) - Great Atlantic Resources (TSXV...
About this update from Great Atlantic Resources Corp.
[{"type":"text","content":"InvestmentPitch Media Video Discusses Great Atlantic's Golden Promise Property in Central Newfoundland and Application for 2 New Drill Permits - Video Available on Investmentpitch.comVancouver, British Columbia--(Newsfile Corp. - June 18, 2021) - Great Atlantic Resources (TSXV: GR) (FSE: PH02) has applied for two additional diamond drilling permits for its Golden Promise Gold Property. The 100% owned Golden Promise Property is 1 of the company's 8 properties, covering an area of 25,700 hectares, located within the central Newfoundland gold belt. The areas around these properties are now fully staked on all boarders.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/video/1_hgbgurw9/Great-Atlantic-applies-for-2-additional-diamond-drill-permits-with-drilling-planned-for-early-July-at-Golden-Promise-Gold-property-in-Central-NewfoundlandThe applications are for up to 33 drill holes at the Jaclyn Zone and up to 12 drill holes at the Otter Brook showing, with the company planning to resume drilling at the Jaclyn Zone in early July under its existing drilling permit. The Jaclyn Zone, located within the northern region of the Golden Promise Property, hosts five gold bearing quartz veins systems, being the Jaclyn Main, Jaclyn North, Jaclyn South, Jaclyn East and Jaclyn West Zones.The drilling application for the Jaclyn Zone includes 15 drill holes at the Jaclyn Main Zone and 18 drill holes at the Jaclyn North Zone, totalling approximately 5,000 metres. This includes in-fill drill holes within different part of the Jaclyn Main Zone, the objective to provide further definition of the zone and provide information for an updated resource calculation. Most of these holes are planned within the central to west region of the zone, testing above 200 metres vertical depth. Two holes are planned in the east part of the Jaclyn Main Zone to test the zone at 200 to -350 metres vertical depth. Great Atlantic confirmed high-grade gold at the Jaclyn Main Zone during 2019 drilling, including near surface intercepts of 113.07 grams per tonne gold over 0.55 metres and 61.35 gra...