Great Atlantic Resources Corp. is pleased to announce it has completed the second hole of the Fall 2020 Phase 2 diamond drilling program at its Golden Promise Gold Property, located within the central Newfoundland gold belt. GP20-147 was completed at the Jaclyn North Zone , testing the continuation of gold bearing veins along strike to the east. GP20-147 intersected quartz veins and quartz veined intervals containing [...]
Great Atlantic Resources Corp. is pleased to announce it has confirmed a zone of gold soil geochemical anomalies in the southwest region of its Golden Promise Gold Property. The property is located within the central Newfoundland gold belt. The Company refers to the zone of gold soil anomalies, defined by 2018 - 2020 soil sampling, as Gold Soil Anomaly 1. Key points are: Gold soil anomalies within a zone at least 500 [...]
Great Atlantic Resources Corp. is pleased to announce it has intersected visible gold in the first hole of the Fall 2020 Phase 2 diamond drilling program at its Golden Promise Gold Property, located within the central Newfoundland gold belt. The first hole of the program was completed at the Jaclyn North Zone, testing the continuation of gold bearing quartz veins along strike to the east. The drill hole intersected quartz [...]
Great Atlantic Resources is pleased to announce it has completed the first hole of the Fall 2020 Phase 2 diamond drilling program at its Golden Promise Gold Property, located within the central Newfoundland gold belt. The first hole was completed at the Jaclyn North Zone, testing the continuation of gold bearing veins along strike to the east. The drill hole intersected quartz veins and quartz veined intervals containing [...]
Great Atlantic Resources Corp. is pleased to announce it has begun the Fall 2020 Phase 2 diamond drilling program at its Golden Promise Gold Property, located within the central Newfoundland gold belt. Drilling equipment has been mobilized to the Jaclyn North Zone with drilling currently underway on the first drill hole of the 2020 program. The Fall 2020 Phase 2 drilling program will: Include in-fill drill holes at the [...]
Great Atlantic Resources Corp. is pleased to announce it has signed a contract for a Fall 2020 Phase 2 diamond drilling program at its Golden Promise Gold Property, located within the central Newfoundland gold belt. Recent significant gold discoveries in this region include those of Marathon Gold Corp. and New Found Gold Corp. Mobilization of the drilling equipment is planned for October 26 at the property. Now we wait [...]
Great Atlantic Resources is pleased to announce that is has closed the first and final tranches of the non-brokered private placement previously announced on September 1, 2020 for gross proceeds of $2,240,000. The units of the financing are comprised of one common share at a price of $0.50 and a full share purchase warrant, which may be exercised for a period of 36 months at a price of $0.75 per share. The hold expiry [...]
Great Atlantic Resources is pleased to announce it has received a permit for Phase 2 diamond drilling at its Golden Promise Gold Property, located within the central Newfoundland gold belt. The permit allows for up to 25 diamond drill holes at the Jaclyn Zone, specifically the Jaclyn Main Zone and Jaclyn North Zone. The JMZ and JNZ host gold bearing quartz vein systems. Planned 2020 drilling will test east of the JNZ [...]
Great Atlantic Resources Corp. is pleased to announce it has made the final option payment of $150,000 cash to acquire 100% right, title and interest in and to the Golden Promise Gold Property, located within the central Newfoundland gold belt. The property, covering 16,525 hectares, hosts gold bearing quartz veins / quartz vein systems and quartz vein boulders in various regions. The most advanced of these is the Jaclyn [...]
Great Atlantic Resources is pleased to announce it has begun the 2020 exploration program at its Mascarene Property, located in southwest New Brunswick. The Company is currently conducting prospecting and soil / rock geochemical sampling in the east region of the property in an area of reported gold, copper, cobalt and nickel mineralization and historic shafts. This work includes the area of the Oliver - Oliver Cameron [...]
Great Atlantic Resources is pleased to announce it is commenced the 2020 exploration program at its Keymet Precious Metal - Base Metal Property, located in northeast New Brunswick. The 2020 program will focus on gold exploration in the southwest to central regions of the property. The Company has identified exploration targets in these regions based on historical work. Reported historic highlights in these regions include [...]
Great Atlantic Resources Corp. is pleased to announce it has received a second 2020 permit for soil geochemical and ground geophysical surveys at its Golden Promise Gold Property, located in the central Newfoundland gold belt. The permit allows for soil geochemical and geophysical surveys within the southwest region of the property, at Gold Anomaly 2, located approximately 600-650 meters northeast of the Linda - Snow [...]