Company
Great Atlantic Resources Corp
CVE:GR
Great Atlantic Resources Corp is a Canadian company exploring Atlantic Canada, which it says is resource-rich and sovereign risk-free. The company is advancing with a project generator model and is especially focused on the critical elements, which are prominent in Atlantic Canada, namely antimony, tungsten and gold. Its most advanced and highest priority project is the Golden Promise gold property, which sits in the central Newfoundland gold belt, where multiple gold bearing quartz veins/ quartz vein systems and zones of gold bearing quartz boulders have been reported. Great Atlantic reported a 43-101 resource estimate for the Jaclyn Main Zone (JMZ) in late 2018, showing an inferred resource of 119,000 gold ounces averaging 10.4 grams per ton (g/t). In the province of New Brunswick, the firm has the Kagoot Brook cobalt project, optioned to Explorex Resources, on the southwest margin of the Bathurst mining camp. Its other assets are Keymet, Mascarene, McDougall Road, Porcupine and Glenelg Vanadium.
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Great Atlantic Resources awaiting lab results after completing this year's exploration program at South Quarry tungsten project
The South Quarry property comprises seven licences over 2,950 hectares and the fieldwork was focused on exploring for tungsten and gold mineralization
Great Atlantic Resources increases previously announced non-brokered private placement
The units of the financing will comprise of one common share and a full share purchase warrant, which may be exercised for a period of five years at a price of $0.05 per share
Great Atlantic Resources kicks off 2022 exploration at six of its gold properties in Newfoundland
The Canadian exploration company said anomalous gold in soil and/or rock samples are reported within and/or adjacent to these mineral properties
Great Atlantic Resources kicks off 2022 exploration at its McDougall Road project in New Brunswick
The Canadian exploration company said it previously identified antimony and gold soil geochemical anomalies within the project in the area of a regional fault
Great Atlantic Resources starts new exploration program at its Golden Trust property in Newfoundland gold belt
The program will zero in on areas of gold soil anomalies that were identified in a 2020 program, when 23 soil samples returned anomalous gold values
Great Atlantic Resources discovers high-grade antimony sample at its Glenelg property in New Brunswick
The Canadian exploration company said a bedrock grab sample weighing 1.83 kilograms returned a value of 23.4% antimony
Great Atlantic reports positive results from drilling at Mascarene property in southern New Brunswick
The company said the results confirm “copper bearing veins and anomalous levels of gold, silver, cobalt and nickel adjacent to a prominent magnetic high trend”
Great Atlantic Resources begins 2022 exploration program at wholly-owned Pilley's Island property
The focus is on exploration for base metal and precious metal bearing volcanogenic massive sulfide deposits within the property
Great Atlantic Resources closes final tranche of private placement for total gross proceeds of $816,500
The company said the proceeds of the private placement would be used for general working capital and exploration work on its properties in Atlantic Canada
Great Atlantic Resources begins exploration program at the past-producing Keymet project in New Brunswick
Great Atlantic is hoping to further define gold anomalies and determine the extent of previously identified anomalies
Great Atlantic Resources increases private placement to C$816,500 and submits for closing
The company said proceeds of the private placement will be used for general working capital and exploration work
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Great Atlantic Resources starts 2022 prospecting and rock geochemical sampling program at Golden Promise gold property
The program will focus on target areas previously identified with gold soil geochemical anomalies and gold-bearing boulders and bedrock
Great Atlantic Resources reports assays from maiden drill program at Otter Brook gold showing at Golden Promise project
The company said its management interpret "at least four gold-bearing veins/structures to have been intersected during the drilling program based on depths and locations of the intersections"