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Great Atlantic Resources Corp.
Summary
| Project: | Golden Promise | |
|---|---|---|
| Deposit: | Golden Promise | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/19/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-2-2020: Great Atlantic Resources Corp. announces an Exploration/Drilling Update report for its Golden Promise deposit at the Golden Promise project. Drilling results incl. 2.04m @ 61.35g/t Au from 22.45m. VANCOUVER, British Columbia – February 19, 2020 | |
| Resources: | (Resource, Inf.): 357Kt @ 9.3g/t Au for 119Koz Au contained | |
| CP/QP: | [Overall Report]: David Martin (Internal) | |
| ABSTRACT: | VANCOUVER, British Columbia – February 19, 2020 – GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has received analytical results for the fifth through tenth drill holes completed during the 2019 Phase 1 diamond drilling program at its Golden Promise Gold Property, located within the central Newfoundland gold belt. The drilling program was conducted at the Jaclyn Main Zone. The analytical results received are for drill holes GP19-141, GP19-142 (stopped prematurely), GP19-142B, GP19-143, GP19-144 and GP19-145. Drill holes GP19-141, GP19-142, GP19-142B and GP19-144 were drilled at azimuths of approximately 335-340 and dips of 66 to 70 degrees to intersect the gold bearing, northeast-east striking, southeast-dipping JMZ quartz vein system. Drill holes GP19-143 and GP19-145 were drilled at azimuths of approximately 300 degrees and dips of 50-62 degrees to intersect the JMZ vein system and possible cross-veins. Drill hole GP19-142 was stopped prematurely at 16 meters length and did not reach the planned target depth. Significant gold intersections for these drill holes as well as previously reported intersections for drill holes GP19-137 to GP19-140 (Company News Releases of February 6 and 12, 2020) include the following | |
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