• Dienstag, 19 Januar 2021
  • 15:31 Uhr Frankfurt
  • 14:31 Uhr London
  • 09:31 Uhr New York
  • 09:31 Uhr Toronto
  • 06:31 Uhr Vancouver
  • 01:31 Uhr Sydney

Great Atlantic Intersects Visible Gold in First 2020 Drill Hole At The Jacklyn North Zone - Assays Pending Central Newfoundland

16.11.2020  |  Accesswire

VANCOUVER, November 16, 2020 - GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the "Company" or "Great Atlantic") 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 (GP20-146) 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 veins / quartz veined intervals (+/- carbonate) with sulfide mineralization. Visible gold is evident in one quartz vein.

The Jaclyn North Zone (JNZ) is part of the Jaclyn Zone, being located within the northern region of the Golden Promise Property. The Jaclyn Zone hosts five gold bearing quartz veins systems, including the JNZ. The JNZ is reported to strike slightly northeast, being located approximately 250 meters north of the Jaclyn Main Zone. GP20-146 was collared approximately 50 meters east of the eastern-most historic JNZ drill hole. GP20-146 was drilled slightly southeast at a 50-degree dip to a length of a 140 Meters.

GP20-146 intersected quartz veins / quartz veined intervals (+/- carbonate) at various depths (individual vein intersections being up to approximately 0.9 meters core length) with pyrite, arsenopyrite and / or pyrrhotite, thereby extending the Jaclyn North Zone vein system approximately 50 meters east. The most prominent single vein was intersected at 75.7 -76.6 meters (0.9 meters core length). A zone of increased veining was intersected at 101.3 - 113.0 meters (11.7 meters core length). Visible gold was intersected within a 5-centimeter thick quartz - carbonate vein at 122.25 meters.

Drill core from GP20-146 has been geologically logged and sampled. Drill core samples along with inserted standard and blank samples were recently submitted to Eastern Analytical Ltd. in Springdale, NL for gold assay and multi-element analysis. Drill hole GP20-147 is currently underway approximately 50 meters east of GP20-146.

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

On Behalf of the board of directors

"Christopher R Anderson"

Mr. Christopher R. Anderson "Always be positive, strive for solutions, and never give up"
President CEO Director
604-488-3900 - Dir

Investor Relations:

Please call 604-488-3900

About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Antimony, Tungsten and Gold.

This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Great Atlantic Resource Corp
888 Dunsmuir Street - Suite 888, Vancouver, B.C., V6C 3K4

SOURCE: Great Atlantic Resources Corp.



View source version on accesswire.com:
https://www.accesswire.com/616800/Great-Atlantic-Intersects-Visible-Gold-in-First-2020-Drill-Hole-At-The-Jacklyn-North-Zone--Assays-Pending-Central-Newfoundland


Bewerten 
A A A
PDF Versenden Drucken

Für den Inhalt des Beitrages ist allein der Autor verantwortlich bzw. die aufgeführte Quelle. Bild- oder Filmrechte liegen beim Autor/Quelle bzw. bei der vom ihm benannten Quelle. Bei Übersetzungen können Fehler nicht ausgeschlossen werden. Der vertretene Standpunkt eines Autors spiegelt generell nicht die Meinung des Webseiten-Betreibers wieder. Mittels der Veröffentlichung will dieser lediglich ein pluralistisches Meinungsbild darstellen. Direkte oder indirekte Aussagen in einem Beitrag stellen keinerlei Aufforderung zum Kauf-/Verkauf von Wertpapieren dar. Wir wehren uns gegen jede Form von Hass, Diskriminierung und Verletzung der Menschenwürde. Beachten Sie bitte auch unsere AGB/Disclaimer!



Mineninfo
Great Atlantic Resources Corp.
Bergbau
A2PM23
CA3900873025

Copyright © Minenportal.de 2006-2020 | MinenPortal.de ist eine Marke von GoldSeiten.de und Mitglied der GoldSeiten Mediengruppe
Alle Angaben ohne Gewähr! Es wird keinerlei Haftung für die Richtigkeit der Angaben und der Kurse übernommen!
Informationen zur Zeitverzögerung der Kursdaten und Börsenbedingungen. Kursdaten: Data Supplied by BSB-Software.