Great Atlantic Resources Corp. is pleased to announce that it has closed the second tranche of a non-brokered private placement originally announced on November 17, 2021, consisting of 390,000 flow-through shares at a price of $0.40 per share for gross proceeds of $156,000. Each Flow-Through unit consists of one common share that qualifies as a "flow-through share" as defined in subsection 66 of the Income Tax Act and one [...]
Great Atlantic Resource Corp. is pleased to announce that it has identified a new zone of gold soil anomalies at its Keymet Precious Metal - Base Metal Property, located in New Brunswick. The zone covers an area of approximately 850 meters by 500 meters, being open in all directions. Approximately 66% of the 2021 soil samples within the zone returned anomalous gold values of 0.005 - 0.067 parts per million . The 2021 soil [...]
Great Atlantic Resources Corp. is pleased to announce it has received analytical results for the second drill hole of the 2021 diamond drilling program at its Golden Promise Gold Property. The drill hole, completed at the Jaclyn Main Zone, intersected two high grade quartz veins with visible gold, returning 75.5 g/t gold over 0.35 m core length and 20.1 g/t gold over 0.50 meters core length. The Golden Promise Property is [...]
Great Atlantic Resources Corp. is pleased to announce that it has closed the first tranche of a non-brokered private placement originally announced on November 17, 2021, consisting of 3,201,250 flow-through shares at a price of $0.40 per share for gross proceeds of $1,280,500. Each Flow-Through unit consists of one common share that qualifies as a "flow-through share" as defined in subsection 66 of the Income Tax Act and [...]
Great Atlantic Resources Corp. is pleased to announce that it has arranged a non-brokered private placement of 5,000,000 flow through units at a price of $0.40 cents per share for gross proceeds of $2,000,000. Each Flow-Through unit consists of one common share that qualifies as a "flow-through share" as defined in subsection 66 of the Income Tax Act and one share purchase warrant. Each whole warrant will entitle the [...]
Golden Promise Gold Project Central Newfoundland Great Atlantic Resources Corp. is pleased to announce it has received analytical results for the first drill hole of the 2021 diamond drilling program at its Golden Promise Gold Property. The drill hole intersected 238 grams / tonne gold over 0.40 meters core length at the Jaclyn Main Zone. Visible gold is present within this near surface quartz vein. The hole was part of [...]
Great Atlantic Resources Corp. is pleased to announce it has completed the first ten holes of the 2021 diamond drilling program at the Otter Brook gold showing, located in the east region of its Golden Promise Gold Property. The Golden Promise Property is located within the central Newfoundland gold belt. Quartz-carbonate vein with semi-massive sulfides in hole OB-21-008 Quartz and / or carbonate veins with semi-massive [...]
100% Owned Keymet Precious & Base Metal Property, New Brunswick GREAT ATLANTIC ESOURCES CORP. is pleased to announce it is completed the 2021 diamond drilling program at its Keymet Base Metal - Precious Metal Project, located in Northern New Brunswick. The drilling program, consisting of 10 holes tested testing numerous targets in the northwest region of the property. Veins containing semi-massive sulfides and [...]
Great Atlantic Resources Corp. is pleased to announce it has begun the 2021 exploration program at its 100% owned 2,950 Hectare, South Quarry Tungsten Property, located in east-central Newfoundland. The program will consist of prospecting and rock - soil geochemical sampling, exploring for tungsten and gold mineralization. The Property hosts high grade tungsten mineralization from two quarries exceeding 1% WO3. The [...]
Great Atlantic Resources Corp. is pleased to announce it is currently mobilizing a diamond drill to the eastern region of its Golden Promise Gold Property specifically to the area of the Otter Brook gold showing. Drilling is scheduled to begin later this week. The Golden Promise Property is located within the central Newfoundland gold belt. Rock samples collected by Great Atlantic during 2020 at the Otter Brook gold [...]
GREAT ATLANTIC ESOURCES CORP. is pleased to announce it is continuing to drill but has completed the first seven drill holes of the 2021 diamond drilling program at its Keymet Base Metal - Precious Metal Project, located in Northern New Brunswick. The drilling program is testing numerous target areas in the northwest region of the property. Veins containing semi-massive sulfides and arsenopyrite were intersected in [...]
Great Atlantic Resources Corp. is pleased to announce it has received a permit from the Newfoundland and Labrador government for diamond drilling at its Golden Promise Gold Property specifically at the Otter Brook gold showing. The permit is for a maximum of 12 drill holes at the Otter Brook gold showing which is located within the east region of the property. The Company is planning to mobilize a diamond drill to this [...]