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Project: | Keymet | |
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Deposit: | Keymet | |
Location: | Canada | |
Commodities: | Zinc-Lead-Copper-Silver-Gold | |
Date: | 12/20/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 20-12-2017: Great Atlantic Resources Corp. announces an Exploration/Drilling Update report for its Keymet deposit at the Keymet project. Drilling results incl. 12.05m @ 3.54% Zn, 0.28% Pb, 0.92% Cu, 115.60g/t Ag from 119.45m. VANCOUVER, British Columbia – | |
Resources: | x | |
CP/QP: | [Overall Report]: David Martin (Not stated) | |
ABSTRACT: | VANCOUVER, British Columbia – December 20, 2017 – GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has received analytical results for initial drill core samples from the recent diamond drilling program at its Keymet Precious – Base Metal Property, located near Bathurst, northeast New Brunswick. The drilling program consisting of 5 holes (totalling 679 meters) was conducted in the northwest region of the property. Analytical results received are for core samples from the first two holes (Ky-17-5 and Ky-17-6) of the program. Highlights include 7.59% Zn Eq. (3.54% Zn, 0.92% Cu, 028% Pb and 115.6 g/t Ag) over 12.05 meter core length in Ky-17-6 and the discovery of a new gold bearing zone in Ky-17-6 (0.64 g/t Au over 19.96 meter core length). The Keymet Property hosts multiple gold, silver, zinc, lead and / or copper occurrences and the Keymet deposit, site of the historic Keymet Mine. The diamond drilling program tested the continuation of zinc, copper, lead and silver bearing veins and gold mineralization intersected by Great Atlantic during 2015 diamond drilling and trenching programs. Each of the 2017 holes intersected veins containing base metal sulfides and local disseminated arsenopyrite mineralization. Gold mineralization on the property is associated with arsenopyrite with previous Great Atlantic boulder samples returning up to 51 g/t Au. The Company has completed systematic sampling of mineralized drill core from each hole with core samples submitted to ALS Mineral in Sudbury, Ontario for analysis. | |
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