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$GR.ca Great Atlantic Drills 7.59% Zinc Eq over 12.05 Meters, Discovers new Gold Zone below with 19M intercept of 0.64g/t

Posted by Er at 8:55 AM on Wednesday, December 20th, 2017

  • Initial drill samples from diamond drilling program at its Keymet Precious – Base Metal Property
  • 3.54% Zn, 0.92% Cu, 028% Pb and 115.6 g/t Ag over 12.05 meter in Ky-17-6
  • Discovery of a new gold bearing zone in Ky-17-6 (0.64 g/t Au over 19.96 meter core length).

 

Vancouver, British Columbia (FSCwire)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).

Zinc, copper, lead and silver bearing vein in Ky-17-6.

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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. The Company has received analyses for samples from holes Ky-17-5 and Ky-17-6, the first two holes in the 2017 program. Highlights include:

 

Four 2017 holes (Ky-17-5, 6, 7 and 9) were drilled in the same area as 2015 holes Ky-15-3 and 4,  approximately 1.4 kilometers northwest of the historic Keymet Mine, in an area referred to as the Elmtree 12 occurrence. Both 2015 holes intersected base metal and silver bearing veins (including 16.68% Zn, 1.11% Cu and 152.0 g/t Ag over 1.80 meter core length in Ky-15-3 and 8.68% Zn and 44.8 g/t Ag over 4.28 meter core length in Ky-15-4). Hole Ky-15-3 also intersected a gold bearing interval (3.28 g/t Au over2.1 meter core length). The true width of these initial 2015 drill intersections is unknown at this time. The 2017 program tested the continuation of this base metal and precious metal mineralization. Each of the 2017 holes in this area intersected veins with base metal sulfides. Company management are interpreting the main veins in this target area to be within a steep dipping to vertical vein system striking approximately north – south, with all Great Atlantic drill intersections to date being within an approximately 70 meter strike length and shallow depth (above 100 meter vertical depth).

 

To view the graphic in its original size, please click here

 

 

 

Hole Ky-17-6 intersected local arsenopyrite within an approximate 50 meter core width interval appearing to be east to northeast of the main base metal bearing vein zone. The gold bearing interval of 164.00 – 183.96m is within this zone of arsenopyrite mineralization.

Closed-spaced 1980s diamond drill holes (Brunswick Mining and Smelting and Aurtec Inc.) in the area of holes Ky-15-3, 4, Ky-17-5, 6, 7 and 9 intersected near-surface mineralized veins (Elmtree 12 vein occurrence). A 0.88 metre core length interval from a 1981 drill hole was reported to grade 7.72% Cu, 11.36% Zn an 13.6 ounces per ton Ag. A 1.22 metre core length sample from a near-by 1989 drill hole was reported to assay 16.4% Cu, 10.11% Zn and 31.0 ounces per ton Ag. The true width of these intersections is unknown. These drill intersections are within 50 metre vertical depth. Great Atlantic personnel found loose casing in this area during 2015. It is uncertain which historic hole this represents.

Analytical results are pending for drill core samples from Ky-17-7, 8 and 9. Hole Ky-17-8, located approximately 80 meters southwest of holes Ky-17-5, 6 and 7, tested the down-dip extension of a gold bearing zone discovered by the Company in a 2015 trench (channel samples returning 1.1 g/t Au over 4.9 meters). The gold bearing zone in the trench is characterized by minor arsenopyrite in metasediments and increased quartz veining. A fault zone is also exposed in the trench hosting base metal and silver mineralization (2015 grab sample returned 8.99% lead, 1.76% zinc, 0.80% copper and 237 g/t silver). Although not initially noted, arsenopyrite was observed locally in the drill core during detailed core logging. This hole also intersected veins with base metal sulfides approximately vertically under the trench fault zone.

Access to the property is excellent with paved roads transecting the property, including a provincial highway. The property covers an area of approximately 3,400 hectares.

To view the graphic in its original size, please click here

 

Readers are warned that historical records referred to in this News Release have been examined but not verified by a qualified person. Further work is required to verify that historical assays referred to in this News Release are accurate.

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

 

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.

 

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

Great Atlantic Resource Corp. – GR – TSX.v

604-488-3900

$GR.ca Great Atlantic Grab Samples Return up to 40.8% Zinc, 8.3% Copper, 148 G/T Silver and 2.2 G/T Gold

Posted by Er at 8:26 AM on Thursday, December 14th, 2017

  • Sampling returned channel & grab samples from the Bull Road Trench
  • 15.40% Zn, 6.60% Pb, 4.66% Cu, 111.5 g/t Ag and 1.008 g/t Au over 1.05 m
  • Grab samples of trench bedrock returned up to 40.8% Zn, 5.50% Pb, 8.38% Cu, 148.1 g/t Ag and 2.275 g/t Au

 

GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has received analytical results for a second batch of rock samples collected during a recent trenching program at its Pilley’s Island Base Metal – Precious Metal Property, located in north-central Newfoundland. The exploration program was jointly operated with option partner Unity Resources. The samples included channel and grab samples from a recently excavated trench referred to as the Bull Road Trench. Results for channel samples included 15.40% Zn, 6.60% Pb, 4.66% Cu, 111.5 g/t Ag and 1.008 g/t Au over 1.05 meters and 17.30% Zn, 0.10% Pb, 2.97% Cu, 31.2 g/t Ag and 0.449 g/t Au over 0.70 meters. Grab samples of trench bedrock returned up to 40.8% Zn, 5.50% Pb, 8.38% Cu, 148.1 g/t Ag and 2.275 g/t Au. The property hosts an historic copper mine along with zinc, lead, copper (+ / – gold, silver) occurrences.

 

The second batch of trench rock samples were collected at the recently excavated Bull Road Trench, located at the Bull Road Showing. Reported historic trench samples at Bull Road include 12.42% Zn, 3.87% Cu, 0.95% Pb and 0.71 oz./ton Ag over 4.6m. One historic drill hole at this showing was reported to intersect 22.2% Zn, 4.4% Pb, 0.1% Cu and 0.96 oz. / ton Ag over 0.65m core length within an intersection of 7.85m grading 3.41% Zn, 0.66% Cu, 0.51% Pb, and 0.34 oz./ton Ag. The recent trenching program included re-opening and re-evaluating the historic Bull Road Showing.

 

Recent trenching along the trace of the Bull Road Showing exposed mineralization over a northwest-southeast length of 130m with a width varying between 1-7m. The Bull Road Showing is a polylithic slump breccia of volcanogenic massive sulphide mineralization containing massive sulphide clasts up to greater than a metre in length. Five initial rock grab samples included two samples of massive sulfide clasts returning 27.50% Zn, 20.00% Pb, 5.78% Cu and 63.4 g/t Ag; and 16.40% Zn, 6.50% Pb, 2.02% Cu and 41.7 g/t Au, while a sample of another sulfide clast returned 8.36% Cu (News Release of November 16, 2017).

 

The second batch of rock samples from the Bull Road Trench consisted of eight channel samples and seven grab samples, all from clasts of semi-massive sulfide to massive sulfide, including some with pyrite dominant (containing lesser base metal sulfides). The samples were analyzed at Eastern Analytical in Springdale, Newfoundland.

The channel samples were collected in the southeast region of the trench within an approximate 22 meter section of the trench. The channels samples were collected across selected clasts at generally right angles to the long dimension of the clasts. Samples 1256004 and 1256005 were from one continuous 2 meter long channel. Samples 1256007 and 1256008 were also from one continuous 2 meter long channel. The objective was to obtain preliminary data on metal content of clasts. The limited grab sampling extended into the northwest region of the trench, with grab samples collected locally within an approximate 100 meter long section of the trench.

 

 

 

Bull Road Trench

 

Massive sulfide mineralization at Bull Road Trench.

 

Massive sulfide mineralization at Bull Road Trench

 

Massive sulfide mineralization at Bull Road Trench

Great Atlantic is planning a diamond drilling program for 2018 at the Bull Road showing. Additional channel sampling is planned for 2018 at the Bull Road Trench.

 

The Pilley’s Island Property hosts an historic mine with reported historic estimated reserves of 1.159 million tonnes grading 1.23% Cu or 627,373 tons at 2.34% Cu and 0.01 oz. / ton Au. The Property also hosts other base metal – precious metals occurrences including the Bull Road showing and Fragmental Zone.

 

The Pilley’s Island Property consists of 7 adjoining licences covering a total are of 875 hectares. Access to and infrastructure at the property is excellent. The property is serviced with power mains and government maintained roads and is within 2 km of tide water. The property is located within a mining friendly district.

 

Readers are warned that historical records referred to in this News Release have been examined but not verified by a qualified person. Further work is required to verify that historical assays referred to in this News Release are accurate.

 

David Martin, P.Geo., a Qualified Persons as defined by NI 43-101, is responsible for the technical information contained in this News Release.

 

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.

Pilley’s Island Trench Samples Return up to 27.5% Zinc, 20.0% Lead, 8.36% Copper and 63.4 g/t Silver, Newfoundland $AGB.ca $MOZ.ca $SZM.ca

Posted by Er at 10:09 AM on Thursday, November 16th, 2017

  • Pilley’s Island Base Metal – Precious Metal Property- Located in North-Central Newfoundland
  • Grab samples collected from trenches returned up to 27.5% Zn, 20.0% Pb, 8.36% Cu and 63.4 g/t Ag
  • Diamond drill program is to commence in late November.

 

Vancouver, British Columbia (FSCwire)GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has received initial analytical results for rock samples collected during a recent trenching program at its Pilley’s Island Base Metal – Precious Metal Property, located in north-central Newfoundland. The exploration program was jointly operated with option partner Unity Resources. Rock grab samples collected from the trenches returned up to 27.5% Zn, 20.0% Pb, 8.36% Cu and 63.4 g/t Ag. Great Atlantic and Unity Resources are planning a diamond drilling program on the property to commence in late November. The property hosts an historic copper mine along with several zinc, lead, copper (+ / – gold, silver) occurrences.

 

 

One area of recent trenching was the Bull Road showing. Previous historic work included trenching and drilling with 7 holes sunk on the showing. Reported historic trench samples at Bull Road include 12.42% Zn, 3.87% Cu, 0.95% Pb and 0.71 oz./ton Ag over 4.6m. One historic drill hole at this showing was reported to intersect 22.2% Zn, 4.4% Pb, 0.1% Cu and 0.96 oz./ton Ag over 0.65m core length within an intersection of 7.85m grading 0.66% Cu, 0.51% Pb, 3.41% Zn and 0.34 oz./ton Ag. The recent trenching program included re-opening and re-evaluating the historic Bull Road Showing.

 

Trenching along the trace of the Bull Road Showing exposed mineralization over a length of 130m with a width varying between 1-7m. The Bull Road Showing is a polylithic slump breccia of volcanogenic massive sulphide mineralization containing massive sulphide clasts up to greater than a metre in length.

 

Rock grab samples taken from selected styles of mineralization during the current program are presented in the table below.

 

Massive sulfide mineralization at Bull Road Trench.

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Massive sulfide mineralization at Bull Road Trench

To view the graphic in its original size, please click here

 

Massive sulfide mineralization at Bull Road Trench

To view the graphic in its original size, please click here

 

Bull Road Trench

To view the graphic in its original size, please click here

 

The Bull Road showing will be targeted during the upcoming diamond drill program.

 

The Pilley’s Island Property hosts an historic mine with reported historic estimated reserves of 1.159 million tonnes grading 1.23% Cu or 627,373 tons at 2.34% Cu and 0.01 oz./ton Au. This volcanogenic massive sulphide deposit is analogous to Kuroko/Buchans style mineralization. The Property also hosts other base metal – precious metals occurrences including the Bull Road showing and Fragmental Zone.

 

The Pilley’s Island Property consists of 7 adjoining licences covering a total are of 875 hectares. Access to and infrastructure at the property is excellent. The property is serviced with power mains and government maintained roads and is within 2 km of tide water. The property is located within a mining friendly district.