Great Atlantic Resources Corp (TSX-V:GR) announced that it is currently conducting gold exploration, consisting of prospecting and rock geochemical sampling, at six of its 100% owned properties in Newfoundland, which are adjacent to and in close proximity to its flagship Golden Promise gold property.
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 noted the six properties currently being explored are the Southwest Golden Promise, South Golden Promise, West Golden Promise, East Golden Promise, Lynx and Coronation.
READ: Great Atlantic Resources kicks off 2022 exploration at its McDougall Road project in New Brunswick
It added that the Southwest Golden Promise property consists of two mineral licences, while the other properties consist of one mineral licence each.
The company said it is also conducting exploration further southwest of these properties at the Golden Trust property.
As well, Great Atlantic reported that management have identified target areas within the six properties based on its previous work and reported mineral occurrences, which included a 2019 sample that assayed 3.14 grams per tonne gold at the Southwest Golden Promise property.
Great Atlantic Resources is a project generator with a special focus on critical elements prominent in Atlantic Canada: gold, copper, zinc, nickel, cobalt, antimony, and tungsten.
Contact Sean at sean@proactiveinvestors.com