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Great Atlantic Applies for Diamond Drilling Permit Golden Promise Project, Central Newfoundland $GR.ca $SIC.ca $MOZ.ca

Posted by AGORACOM at 9:56 AM on Wednesday, January 23rd, 2019

Applied for a diamond drilling permit for the Company’s Golden Promise Jaclyn Main Zone (JMZ) and Jaclyn North Zone (JNZ)
In-fill drilling in west half of JMZ within conceptual pit-constrained area.
Explore along projected strike east of JNZ in area of high-grade quartz boulders (boulder samples of 163, 208 and 332 g/t gold

VANCOUVER, BC / ACCESSWIRE / January 23, 2019 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has applied for a diamond drilling permit for the Company’s Golden Promise Gold Property, located in the central Newfoundland gold belt. The application is for up to 50 drill holes (up to 6,500 meters) in the northern half of the property at the Jaclyn Zone, specifically at the Jaclyn Main Zone (JMZ) and Jaclyn North Zone (JNZ). Pending approval of the drilling permit and financing, the Company plans to begin drilling during spring 2019, with the following focus:

In-fill drilling in west half of JMZ within conceptual pit-constrained area.
Both shallow and deeper drilling in central-east region of JMZ.
Provide data for up-dated JMZ mineral resource estimate, engineering studies and studies of mineralizing controls.
Explore along projected strike east of JNZ in area of high-grade quartz boulders (boulder samples of 163, 208 and 332 g/t gold – News Release of August 31, 2017).

The Company recently reported a National Instrument 43-101 mineral resource estimate for the JMZ (News Release of December 6, 2018; and Sedar-filed National Instrument 43-101 Technical Report on the Golden Promise Property, Central Newfoundland (revised), dated December 4, 2018 by Mr. Greg Z. Mosher, M.Sc. App., P.Geo., and Mr. Larry Pilgrim, B.Sc., P.Geo.). The reported inferred mineral resource estimate for the JMZ is as follows:

Resource	Cutoff Au g/t	Au Cap g/t	Au Uncap g/t	Tonnes	Au Ounces Capped	Au Ounces Uncapped
Total	1.1	9.3	10.4	357,500	106,400	119,900
Pit-Constrained	0.6	11.4	14.1	157,300	57,800	71,200
Underground	1.5	7.5	7.6	200,200	48,600	48,700

Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves.

Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding.

Mineral resource tonnage and grades are reported as undiluted.

Contained Au ounces are in-situ and do not include recovery losses

The majority of 2019 planned diamond drill holes at the Golden Promise Property will be in-fill drill holes in the west section of the JMZ in the conceptual pit-constrained area. Some drilling is planned for the central-east section of the JMZ. Historic drilling in this part of the JMZ is less concentrated versus the west section. Planned drilling in the central-east section of the JMZ will include near-surface drilling to test continuation of gold mineralization to near-surface, and some deeper holes. The drilling program will provide data for an up-dated JMZ mineral resource estimate, engineering studies and studies of mineralizing controls. Up to nine drill holes are planned testing continuation of the JNZ east along projected strike. The Company conducted trenching during 2017 along the projected east strike of the JNZ. The trenching generally failed to reach bedrock due to thick glacial till. However gold bearing quartz vein boulders were excavated from multiple trenches, with some boulder samples returning high grade gold (including 163.99, 208.51 and 332.67 g/t gold: News Release of August 31, 2017). A qualified person managed the 2017 trenching program and sampling and verified the analytical data.

The Golden Promise Property hosts multiple gold bearing quartz veins and is located in a region of recent significant gold discoveries. The property is located within the Exploits Subzone of the Newfoundland Dunnage Zone. Within the Exploits Subzone, the property lies along the north-northwestern fringe of the Victoria Lake Supergroup (VLSG), a volcano-sedimentary terrane. The northwestern margin of the Golden Promise Property occurs proximal to, and, in part, contiguous with a major (Appalachian-scale) collisional boundary, and suture zone, known as the Red Indian Line (RIL). The RIL forms the western boundary of the Exploits Subzone. Recent significant gold discoveries in this region of the Exploits Subzone include those of Sokoman Iron Corp. (TSXV.SIC) at the Moosehead Project and Marathon Gold Corp. (TSXV.MOZ) at the Valentine Lake Gold Camp.

Sokoman Iron Corp. (TSXV.SIC) recently announced a high-grade gold discovery on its Moosehead Property, located approximately 40 kilometers east-northeast of the Golden Promise Property. The discovery was made during the 2018 diamond drilling program. A drill intersection of 44.96 g/t gold over 11.90 meters core length was reported including a 1.35 meters core length quartz vein intersection of 385.85 g/t gold (Sokoman Iron Corp. News Release of July 24, 2018). The Valentine Lake Gold Camp of Marathon Gold Corp. (TSXV.MOZ) is located approximately 55 kilometers southwest of the Golden Promise Property. As reported on Marathon’s website, the Valentine Lake Gold Camp currently hosts four near-surface, mainly pit-shell constrained, deposits with measured and indicated resources totaling 2,691,400 oz. of gold at 1.85 g/t gold and inferred resources totalling 1,531,600 oz. of gold at 1.77 g/t. Readers are warned that mineralization at the Moosehead Property and Valentine Lake Gold Camp is not necessarily indicative of mineralization on the Golden Promise Property.

High-grade gold is reported in quartz veins and quartz vein boulders within the Golden Promise Property. Gold bearing quartz veins are reported in multiple areas of the property, including at least 5 gold bearing quartz vein systems reported in the Jaclyn Zone. Much of the reported historical exploration within the property has been focused on the Jaclyn Zone with gold bearing vein systems reported at the JMZ, JNZ, Jaclyn South Zone, Jaclyn East Zone and Jaclyn West Zone. The majority of historic drilling (2002-2010) was conducted at the JMZ. Gold bearing veins and gold bearing float are reported in other regions of the property. These include the Linda/Snow White vein in the southern region and the Shawn’s Shot vein in the central region of the property.

As reported in the National Instrument 43-101 Technical Report on the Golden Promise Property, Central Newfoundland (revised), dated December 4, 2018 by Mr. Greg Z. Mosher, M.Sc. App., P.Geo., and Mr. Larry Pilgrim, B.Sc., P.Geo., the JMZ was modelled as a single quartz vein that strikes east-west and dips steeply to the south. Modelled vein thickness was based on true thickness derived from quartz vein intercepts. The estimate is based on 220 assays that were composited to 135 one-meter long composites. A bulk density of 2.7 g/cm3 was used. Blocks in the model measured 15 meters east-west, 1-meter north-south and 10 meters vertically. The block model was not rotated. Grades were interpolated using inverse-distance squared (ID2) weighting and a search ellipse that measured 100 meters along strike, two meters across strike and 50 meters vertically. Grades were interpolated based on a minimum of two and a maximum of 10 composites with a maximum of one composite per hole so the grade of each block is based on at least two drillholes thereby demonstrating continuity of mineralization. For the capped mineral resource estimate, all assays that exceed 65 g/t gold were capped at 65 g/t gold. All resources were classified as Inferred because of the relatively wide spacing of drill holes through most of the zone.

Because part of the vein is near surface the resource estimate was constrained by a conceptual open pit to demonstrate reasonable prospects of eventual economic extraction. Generic mining costs of US$2.50/tonne and processing costs of US$25.00/tonne were used together with a gold price of US$1,300/ounce. A conceptual pit slope of 45Â° was assumed with no allowance for mining loss or dilution. Based on the combined hypothetical mining and processing costs and the assumed price of gold, a pit-constrained cutoff grade of 0.6 g/t was adopted. For the underground portion of the resource a cutoff of 1.5 g/t was assumed. The cutoff grade for the total resource is the weighted average of the pit-constrained and underground cutoff grades.

Jaclyn Main Zone Total Inferred Mineral Resource Estimate

Resource	Cutoff Au g/t	Au Cap g/t	Au Uncap g/t	Tonnes	Au Ounces Capped	Au Ounces Uncapped
Total	1.1	9.3	10.4	357,500	106,400	119,900
Pit-Constrained	0.6	11.4	14.1	157,300	57,800	71,200
Underground	1.5	7.5	7.6	200,200	48,600	48,700

Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves.

Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding.

Mineral resource tonnage and grades are reported as undiluted.

Contained Au ounces are in-situ and do not include recovery losses

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.

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
604-488-3900 – Dir

Tags: #Discovery, #Drill, #GoldenPromise, #GreatAtlantic, #Marathon, #Smallcap, #Sokomon, gold
Posted in Great Atlantic Resources | Comments Off on Great Atlantic Applies for Diamond Drilling Permit Golden Promise Project, Central Newfoundland $GR.ca $SIC.ca $MOZ.ca

Monarques Gold $MQR.ca Produces 4,417 Ounces of #Gold and Generates $11.4 million in Revenue in its Second Quarter $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Posted by AGORACOM-JC at 9:18 AM on Wednesday, January 23rd, 2019

Production activities at the Beaufor Mine extended until April 2019, taking place in known stopes with a smaller workforce
Sustained positive contribution of custom milling at the Camflo mill
During the quarter, successfully completed a positive feasibility study on its Wasamac deposit (see feasibility study), which can be summarized as follows:
- Projected annual average gold production of 142,000 ounces over 11 years
- Pre-tax NPV of $522 million
- Pre-tax IRR of 23.6%
- Production cash costs of US$550 per ounce

MONTREAL, Jan. 23, 2019 –Â MONARQUES GOLD CORPORATION (“Monarques” or theÂ “Corporation”) (TSX:Â MQR) (OTCMKTS:Â MRQRF) (FRANKFURT:Â MR7) is pleased to report its production results and corporate highlights for the second quarter ended December 31, 2018. Amounts are in Canadian dollars unless otherwise indicated.

Production highlights

Monarques produced 4,417 ounces of gold in the second quarter, up 23% from the first quarter but down 19% from 5,444 ounces last year.
The Corporation recorded revenues of $11.4 million in the second quarter from the sale of 5,169 ounces of gold at an average price of $1,656 per ounce (US $1,254), combined with revenues from custom milling operations, which were up 2% from the first quarter and more than 71% year over year.

“These positive results for Monarques in the second quarter reflect a number of factors, including better grades from known stopes at the Beaufor Mine, higher gold prices and the sustained contribution of custom milling activities at Camflo,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “We will continue mining the ore remaining in the known stopes at Beaufor over the next few months, which should allow us to continue producing until April 2019. To reduce costs and in anticipation of the upcoming suspension of production activities at Beaufor, we stopped doing exploration and development work a few months ago and currently have 51 employees at the Beaufor Mine, compared to approximately 130 employees prior to the announcement of the suspension. I would also like to thank our employees for their outstanding performance during the quarter.”

Production statistics

Three months ended December 31, 2018	Three months ended December 31, 2017	Six months ended December 31, 2018	Six months ended December 31, 2017
Beaufor Mine
Ore processed (tonnes)	26,079	35,005	55,454	35,005
Gold recovery (%)	98.50	98.68	98.26	98.68
Ounces produced	4,417	5,444	8,325	5,444
Ounces sold	5,169	5,444	8,441	5,444

Corporate highlights

On October 23, 2018, the Corporation provided new results from the Probe Metals Inc. 2018 drilling program on the Monique property, located near Val-d’Or, Quebec (see press release).
On December 3, 2018, the Corporation reported positive results from the feasibility study prepared by BBA Inc. for the Wasamac Gold project (see press release).
On December 13, 2018, Monarques announced that it had closed a nonâ€brokered private placement of an aggregate of 3,029,606 flowâ€through shares at a price of $0.33 per flow-through share, for aggregate gross proceeds of $999,769.98 (see press release).
On December 18, 2018, the Corporation reported that it had consolidated its position around its Wasamac property through an exchange of mineral claims with Globex Mining Enterprises Inc. (see press release).
On January 15, 2019, the Corporation reported additional positive assay results from the 2018 diamond drilling program at its wholly owned Croinor Gold project 50 kilometres east of Val-d’Or, QuÃ©bec (see press release).

The technical and scientific content of this press release has been reviewed and approved by Marc-AndrÃ© Lavergne, P.Eng., the Corporation’s qualified person under National Instrument 43â€‘101.

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold Corporation (TSX: MQR) is an emerging gold mining company focused on pursuing growth through its large portfolio of high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns close to 300 kmÂ² of gold properties (see map), including the Wasamac deposit (measured and indicated resource of 2.6 million ounces of gold), the Beaufor Mine, the Croinor Gold (see video), McKenzie Break and Swanson advanced projects and the Camflo and Beacon mills, as well as other promising exploration projects. It also offers custom milling services out of its 1,600 tonne-per-day Camflo mill.

Forward-Looking Statements

The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques’ actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this press release.

View original content to download multimedia:http://www.prnewswire.com/news-releases/monarques-gold-produces-4-417-ounces-of-gold-and-generates-11-4-million-in-revenue-in-its-second-quarter-300782556.html

Tags: gold, gold demand, monarques, tsx-v
Posted in Monarques Gold | Comments Off on Monarques Gold $MQR.ca Produces 4,417 Ounces of #Gold and Generates $11.4 million in Revenue in its Second Quarter $GDX.ca $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

$LAB Labrador Gold Announces Significant Gold Anomalies At Its Ashuanipi Project $SIC.ca

Posted by AGORACOM at 11:08 AM on Tuesday, January 22nd, 2019

https://resource.globenewswire.com/media/2ed721a2-5a95-44dd-81da-8fdfd719e8ca/small/lab-jpg.jpg

Two regional scale gold in soil and lake sediment anomalies trending 15km north-south and 14km east-west
The property covers 892 square km of ground prospective for gold.
7,458 soil samples were taken on 18 grids at a 100m line spacing and 25m sample spacing across the Ashuanipi north claim block.
Results of analyses show significant gold anomalies in all but two of the 18 grids and confirm the 15km north-south anomalous trend

VANCOUVER, British Columbia, Jan. 22, 2019 (GLOBE NEWSWIRE) — Labrador Gold Corp. (TSX-V: LAB) (â€œLabrador Goldâ€ or the â€œCompanyâ€) is pleased to announce results from detailed gold exploration of its Ashuanipi project in Labrador and Quebec. The exploration program at Ashuanipi followed up on successful results of 2017 work that outlined two regional scale gold in soil and lake sediment anomalies trending 15km north-south and 14km east-west. The property covers 892 square kilometres of ground prospective for gold.

A total of 7,458 soil samples were taken on 18 grids at a 100m line spacing and 25m sample spacing across the Ashuanipi north claim block. In addition, 61 reconnaissance soil lines were taken over claims staked in Labrador and Quebec following the results of the 2017 work. Results of analyses show significant gold anomalies in all but two of the 18 grids and confirm the 15km north-south anomalous trend (See figures at www.labradorgold.com). Analyses of the soils range from below detection limit, <0.5 parts per billion (ppb) to 8.97g/t Au, with 67 samples containing more than 0.1g/t Au and three samples containing more than 1g/t Au in the soil. In addition, 749 soil samples with gold concentrations greater than the 90^th percentile are considered anomalous and require detailed follow up.

Gold anomalies do not appear to correlate with specific rock types, at least on a regional scale, but are often associated with magnetic highs which may be indicative of a structural control on the location of the gold.

â€œResults of the detailed soil sampling at Ashuanipi has confirmed the regional nature of the gold anomalies and indicted specific areas where gold values are elevated above 0.1g/t and possibly related to near surface gold enrichment,â€ said Roger Moss, President and Chief Executive Officer of Labrador Gold. â€œThese anomalies enable us to focus our exploration at specific sites along the regional anomaly to rapidly assess the potential for gold mineralization. Work during the coming field season will include detailed mapping, rock sampling and, if warranted, eventual drill testing of these anomalous areas. We anticipate an exciting field season at Ashuanipi tracking down the source of these significant gold anomalies.â€

â€œLast yearâ€™s soil sampling program further resolved the anomalous gold trend down to the 25-metre scale,â€ added Shawn Ryan, Technical Advisor to Labrador Gold. â€œThe size and intensity of the gold targets clearly explain the large regional gold in lake sediment anomaly and with 164 samples running over 50 ppb Au, 67 samples over 100 ppb Au and a high of 8,973 ppb Au it appears that we truly have a robust mineralized system. These areas will be the focus of aggressive exploration next season to identify high quality drill targets.â€

The company also announces that its major shareholder, Plethora Precious Metals Fund (â€˜Plethoraâ€) has exercised 3,125,000 warrants at an exercise price of $0.13. Plethora now holds 9,750,000 shares of the company representing 17.45% of the issued and outstanding shares. We appreciate the continued support of Plethora and their confidence in the exploration strategy of our technical team.

All samples were dried in the field before being shipped to the Bureau Veritas preparation laboratory in Timmins, Ontario, with analyses completed at the Vancouver laboratory. Samples were analyzed for gold and another 36 elements by ICP-MS (inductively coupled plasma-mass spectrometry) following an aqua regia digestion. The company routinely submits blanks, field duplicates and certified reference standards with batches of samples to monitor the quality of the analyses.

Roger Moss, PhD., P.Geo., is the qualified person responsible for all technical information in this release.

About Labrador Gold:

Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in the Americas. In 2017 Labrador Gold signed a Letter of Intent under which the Company has the option to acquire 100% of the 896 square kilometre (km²) Ashuanipi property in northwest Labrador and the Hopedale (458 km²) property in eastern Labrador.

The Hopedale property covers much of the Hunt River and Florence Lake greenstone belts that stretch over 80 km. The belts are typical of greenstone belts around the world but have been underexplored by comparison. Initial work by Labrador Gold during 2017 show gold anomalies in soils and lake sediments over a 3 kilometre section of the northern portion of the Florence Lake greenstone belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 7.8g/t gold. In addition, anomalous gold in soil and lake sediment samples occur over approximately 40 kilometres along the southern section of the greenstone belt (see news release dated January 25^th 2018 for more details). Labrador Gold now controls approximately 57km strike length of the Florence Lake Greenstone Belt.

The Ashuanipi gold project is located just 35 km from the historical iron ore mining community of Schefferville, which is linked by rail to the port of Sept Iles, Quebec in the south. The claim blocks cover large lake sediment gold anomalies that, with the exception of local prospecting, have not seen a systematic modern day exploration program. Results of the 2017 reconnaissance exploration program following up the lake sediment anomalies show gold anomalies in soils and lake sediments over a 15 kilometre long by 2 to 6 kilometre wide north-south trend and over a 14 kilometre long by 2 to 4 kilometre wide east-west trend. The anomalies appear to be broadly associated with magnetic highs and do not show any correlation with specific rock types on a regional scale (see news release dated January 18^th 2018). This suggests a possible structural control on the localization of the gold anomalies. Historical work 30 km north on the Quebec side led to gold intersections of up to 2.23 grams per tonne (g/t) Au over 19.55 metres (not true width) (Source: IOS Services Geoscientifiques, 2012, Exploration and geological reconnaissance work in the Goodwood River Area, Sheffor Project, Summer Field Season 2011). Gold in both areas appears to be associated with similar rock types.

The Company has 55,864,022 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.

For more information please contact:

Roger Moss, President and CEO Tel: 416-704-8291

Or visit our website at: www.labradorgold.com

Tags: #Anomalies, #Ashuanipi, #LAB, #Labrador, #Newfoundland, #SoilSample, $LAB.ca, gold
Posted in Labrador Gold | Comments Off on $LAB Labrador Gold Announces Significant Gold Anomalies At Its Ashuanipi Project $SIC.ca

$GGX.ca Gold Intersects 107 g/t Gold and 880 g/t Silver over 6.90 Meters Diamond Drilling Program at COD Vein – On the Gold Drop Property – Southern British Columbia $TUSK.ca $GZD.ca $K.ca

Posted by AGORACOM at 5:30 PM on Friday, January 18th, 2019

107.5 g/t gold and 880 g/t silver over 6.90 meters core length
High-grade quartz vein intersection is near-surface, near high grade intersections of COD18-45, 46 and 67 indicating high grade ore shoot.
COD18-67: 129 g/t gold and 1,154 g/t silver over 7.28 meters

VANCOUVER, BC / ACCESSWIRE / January 18, 2019 / GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX“) is pleased to announce it has received drill core analytical results for the final four drill holes (COD18-68 to COD18-71) of the November 2018 diamond drilling program at its Gold Drop Property near Greenwood, southern British Columbia. Drill hole COD18-70 intersected near-surface high-grade gold and silver with significant tellurium in the southwest part of the COD quartz vein. This high-grade intersection is in close-proximity to high-grade intersections in drill holes COD18-45, 46 and 67 indicating a high grade ore shoot. The mineralized COD vein system has been traced by drilling and / or trenching for approximately 400 meters strike length and is open to the northeast, at depth and possibly to the southwest. Highlights for COD18-70 include:

107.5 g/t gold and 880 g/t silver over 6.90 meters core length (multiple samples greater than the upper 500 g/t analytical limit for tellurium).
High-grade quartz vein intersection is near-surface (18 to 24 meters vertical depth), near high grade intersections of COD18-45, 46 and 67 indicating high grade ore shoot.
Part of exploratory shallow drilling designed to define high-grade mineralization and expand the understanding of controls on mineralization.

(To view the full-size image, please click here)

The November 2018 diamond drilling program (11 drill holes: COD18-61 to COD18-71) tested the southwest region of the COD vein in an area of high-grade gold and silver mineralization. The COD vein is located within the Gold Drop Southwest Zone. Prior 2018 drill holes in this part of the COD vein intersected near-surface high-grade gold and silver mineralization. The COD vein strikes approximately northeast-southwest.

(To view the full-size image, please click here)

Intersections exceeding 1 g/t gold for drill holes COD18-68 to COD18-71 are listed in the table below. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported.

Hole ID	From (m)	To (m)	Length (m)	Au (g/t)	Ag (g/t)	Te (g/t)	Description
COD18-68	19.49	22.25	2.76	8.77	85.4	56.3	Quartz vein and wall rock
COD18-68	incl. 20.86	22.35	1.39	14.47	131.8	87.9	Quartz vein and wall rock
COD18-69	19.75	20.42	0.67	1.24	9.59	6.55	quartz band
COD18-69	26.72	34.18	7.46	5.76	67.9	61.2	Quartz veins & wall rock; local quartz breccia
COD18-69	incl. 27.30	28.10	0.80	9.77	95	110	Quartz vein
COD18-69	incl. 31.20	31.60	0.40	70.9	569	278	Quartz vein with massive sulfide band
*COD18-70*	*22.57*	*29.47*	*6.90*	*107.5*	*880*	Quartz vein with tellurides
*COD18-70*	*incl. 23.3*	*24.15*	*0.85*	*541*	*4532*	*>500*	Quartz vein with tellurides
COD18-71	28.50	30.30	1.80	1.57	11.7	8.4	Alteration zone
*Note: 1-meter core loss in COD18-70 between 22.57 – 29.47m.*

All November 2018 drill holes were collared within 25 meters of prior 2018 drill holes COD18-45 and COD-46, the objective to define the high-grade mineralization in this part of the COD vein and to provide information on the controls on mineralization. Drill holes COD18-45 and COD18-46, drilled to the west at 45 and 50 degree-dips, intersected near-surface, high grade gold and silver mineralization in the COD vein (News Releases of August 15 and 22, 2018). Drill holes COD18-67and COD18-70, part of the November 2018 program, intersected high grade gold and silver mineralization in the same area. These holes were drilled slightly northeast at dips of 50 degrees (COD18-67) and 54 degrees (COD18-70) to intersect the COD vein at a shallower angle and test the continuity of the quartz veining and high-grade mineralization. Highlights of these four holes include (core length):

COD18-45: 50.1 g/t gold and 375 g/t silver over 2.05 meters
(including 167.5 g/t gold, 1,370 g/t silver & >500 g/t tellurium over 0.46 meters).
COD18-46: 54.9 g/t gold and 379 g/t silver over 1.47 meters
(including 223 g/t gold, 1,535 g/t silver & > 500 g/t tellurium over a 0.30 meters).
COD18-67: 129 g/t gold and 1,154 g/t silver over 7.28 meters
(multiple samples exceeding upper 500 g/t analytical limit for tellurium).
COD18-70: 107.5 g/t gold and 880 g/t silver over 6.90 meters
(multiple samples exceeding upper 500 g/t analytical limit for tellurium).
The close-spaced intersections of COD18-45, 46, 67 and 70 all occur within 18-25 meters vertical depth indicating a high-grade ore shoot.

Analytical results for drill holes COD18-61 to COD18-64 were reported in the Company’s News Release of January 9, 2018, the highlight being 28.0 g/t gold, 424.7 g/t silver and 150.4 g/t tellurium over 1.17 meters core length in COD18-63. Analytical results for drill holes COD18-64 to COD18-67 were reported in the Company’s News Release of January 11, 2019, the highlight being the intersection of 129 g/t gold and 1,154 g/t silver over 7.28 meters core length in COD18-67.

Holes COD18-61 to COD18-66 were drilled to the west and slightly northwest at dips of 45 to 60 degrees to intersect the approximately northeast striking vein(s). Holes COD18-67 to COD18-71 were drilled at dips of 45 to 60 degrees slightly northeast to intersect the vein(s) at a shallower angle, the objective being to test the continuity of the quartz veining and mineralization. Although drill holes COD18-67 and COD18-70 were not drilled perpendicular to the strike of the COD vein, they still show the exceptional high-grade nature of the vein, possibly being, or leading to, a “motherlode”-style feeder system. As the Company continues reminding of the old saying “we drill for structure and we drift for grade”, both holes indicate how potential drifting may encounter the vein in case a potential production decision can be made in the future. Drilling along veins at slight angles helps in locating possible “ore shoots” and gaining a structural understanding of its vertical and horizontal orientations/extensions for targeted follow-up drilling.

The drill core was split with half core samples securely packaged and delivered to ALS Canada Ltd. in Vancouver, BC. The core samples were analyzed for gold by Fire Assay-Atomic Absorption and for 48 elements (including silver and tellurium) by Four Acid – ICP-MS. Samples exceeding 100 g/t gold were re-analyzed for gold by Fire Assay – Gravimetric Finish. Samples exceeding 100 g/t silver were re-analyzed for silver by Four Acid – ICP-AES. Samples exceeding 1,500 g/t silver by Four Acid – ICP-AES were re-analyzed for silver by Fire Assay – Gravimetric Finish. Quality control (QC) samples were inserted at regular intervals.

(To view the full-size image, please click here)

(To view the full-size image, please click here)

Gold and silver bearing quartz veins occur in multiple regions on the Gold Drop property with high grade gold reported (samples exceeding 1 oz. / ton gold reported).

Historic gold and silver production occurred at the Gold Drop, North Star, Amandy and Roderick Dhu vein systems.

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

To view the Original News release with pictures please go to the website or contact the company.

On Behalf of the Board of Directors,
Barry Brown, Director
604-488-3900
[email protected]

Investor Relations:
Mr. Jack Singh, 604-488-3900 [email protected]

” We don’t have to do this, we get to do this ”
The Crew

Tags: #Discovery, #GreenwoodBC, #Resources, #silver, #smallcapstocks, #tellerium, #vein, $GGX, gold
Posted in GGX Gold Corp. | Comments Off on $GGX.ca Gold Intersects 107 g/t Gold and 880 g/t Silver over 6.90 Meters Diamond Drilling Program at COD Vein – On the Gold Drop Property – Southern British Columbia $TUSK.ca $GZD.ca $K.ca

$GR.ca Great Atlantic Drilling Intersects 7.89% Zinc EQ over 34.3 Meters 100% Owned Keymet Base Metal – Precious Metal Project $SIC.ca $LAB.ca

Posted by AGORACOM at 9:18 AM on Friday, January 18th, 2019

Drill results for holes 10 – 22 completed during 2018 exploration
Drilling conducted 1.5 km northwest of the historic Keymet Mine
Ky-18-14: 7.89% zinc equivalent over 34.3 m

GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has received drill core analytical results for 13 holes (Ky-18-10 to Ky-18-22) completed during the 2018 diamond drilling program at its Keymet Base Metal – Precious Metal Property, located near Bathurst, northeast New Brunswick. The program was conducted in the northwest region of the property approximately 1.5 km northwest of the historic Keymet Mine. Highlights include (core length):

Ky-18-14: 7.89% zinc equivalent over 34.3 meters (From 46.20 m to 80.50 m)
Ky-18-10: 10.91% zinc equivalent over 3.27 meters (From 85.03m to 88.30 m)
Elmtree 12 vein: System traced to approximately 145 meters depth, open at depth
Elmtree 12 vein: Strike length of approximately 110 meters and open along strike

Vein with semi-massive sulfides in Drill Hole Ky-18-14 at Elmtree 12 Vein System

The 2018 drilling program (13 holes totalling 1,484 meters) was conducted in the northwest region of the Keymet property. Eleven drill holes (Ky-18-10 to Ky-18-18, Ky-18-21 and Ky-18-22) tested the Elmtree 12 vein system as in-fill drilling and along strike with some holes testing deeper than previous drilling. Company management speculate the Elmtree 12 vein system to be striking approximately north-south and sub-vertical. Great Atlantic had previously drilled six holes in the Elmtree 12 vein system during 2015 and 2017, intersecting zinc, copper, lead and silver bearing polymetallic veins (News Releases of February 23, 2016, December 20, 2017 and March 2, 2018). Two drill holes (Ky-18-19 and Ky-18-20) tested the continuation of another base metal and silver bearing vein southwest of the Elmtree 12 vein system. This vein was discovered during 2017 drilling (Ky-17-8: 18.8% Zn, 3.5% Cu and 576 g/t Ag over 1.27 meters core length – News Release of March 2, 2018).

Sulfide Bearing Veins in Drill Hole Ky-18-14 at Elmtree 12 Vein System

Intersections from 2015, 2017 and 2018 diamond drilling programs in the area of the Elmtree 12 vein system include the following (core length):

Hole ID	From (m)	To (m)	Length (m)	Zn Equiv. (%)	Zn (%)	Cu (%)	Pb (%)	Ag (g/t)	Au (g/t)
2015 Diamond Drill Holes:
Ky-15-3	30.10	32.20	2.10		3.28
Ky-15-3	60.80	62.60	1.80	22.77	16.68	1.11	0.44	152
Ky-15-4	90.07	94.35	4.28	10.44	8.68	0.29	0.2	44.8
2017 Diamond Drill Holes:
Ky-17-5	81.00	81.80	0.80	20.24	13.65	1.20	0.45	166
Ky-17-6	119.45	131.50	12.05	8.31	3.54	0.92	0.28	115.6
Ky-17-6	incl. 119.45	124.40	4.95	16.05	7.67	1.57	0.48	209.3
Ky-17-6	148.80	149.75	0.95						4.9
Ky-17-6	164	183.96	19.96	0.64
Ky-17-8	31.00	32.27	1.27	39.90	18.8	3.55	1.16	576
Ky-17-9	45.75	47.13	1.38	6.29	4.29	0.29	0.23	55.4
2018 Diamond Drill Holes:
Ky-18-10	85.03	88.30	3.27	10.91	7.91	0.53	0.21	77.2
Ky-18-10	incl. 85.74	86.74	1.00	25.59	16.80	1.60	0.55	223
Ky-18-11	108.70	109.40	0.70	4.95	3.89	0.11	0.14	33.9
Ky-18-12	78.82	84.55	5.73	7.88	4.07	1.19	0.23	39.2
Ky-18-12	incl. 78.82	79.64	0.82	14.03	10.90	1.07	0.09	24.8
Ky-18-12	incl. 83.35	84.55	1.20	21.65	8.90	3.81	0.60	157
Ky-18-13	80.00	81.00	1.00		1.76
*Ky-18-14*	*46.20*	*80.50*	*34.30*	*7.89*	*3.29*	*0.88*	*0.26*	*112.6*
Ky-18-14	incl. 46.20	49.20	3.00	56.23	9.04	9.19	2.16	1158
Ky-18-14	incl. 62.48	63.00	0.52	18.49	15.45	0.96	0.13	32
Ky-18-14	incl. 67.00	67.60	0.60	13.59	13.05	0.09	0.05	14
Ky-18-14	incl. 76.00	80.50	4.50	14.27	12.08	0.31	0.30	59.8
Ky-18-16	77.20	77.72	0.52	33.48	4.47	7.85	0.72	478
Ky-18-17	10.43	11.00	0.57	11.72	6.37	0.10	6.08	14.5
Ky-18-17	67.00	67.50	0.50	7.23	6.05	0.21	0.15	27.5
Ky-18-18	72.50	73.50	1.00	2.74	2.04	0.09	0.11	19.6
Ky-18-19	13.02	13.72	0.70		1.05
Ky-18-20	32.00	32.28	0.28	10.75	2.39	1.82	0.87	164
Ky-18-21	145.50	147.00	1.50	8.26	2.31	0.89	0.81	156.6

Zinc equivalent (% Zn Equiv.) values for drill hole intersections are based on the following metal prices (as of January 16, 2019): Zinc US$2,467 / tonne (US$1.119 / lb.), Lead US$1,953 / tonne (US$0.886 / lb.), Copper US$5,881 / tonne (US$2.668 / lb.) and Silver US$15.605 per troy ounce. Metal recoveries of 100% were applied in the zinc equivalent calculations. The zinc equivalent calculation is as follows: Zn Equiv. = 100 x ((Ag Price in grams x Ag Grade) + (Pb Price x 2204.6 x Pb Grade (%) / 100) + (Cu Price x 2204.6 x Cu Grade (%) / 100) + (Zn Price x 2204.6 x Zn Grade (%) / 100)) / Zn Price x 2204.6.

Drill holes Ky-18-10 to Ky-18-13 were in-fill holes drilled east to slightly southeast at 45 to 57 degree dips. Drill holes Ky-18-14, Ky-18-21 and Ky-18-22 were collared closer to the vein system and at steeper dips (78-83 degrees) to intersect the vein system at a shallower angle to test continuity of mineralization along dip, locate possible ore shoots and gain a structural understanding of the vein’s vertical and horizontal orientations / extensions for targeted follow-up drilling. Hole Ky-18-21, drilled under Ky-18-14, tested the zone deeper. The mineralized intersection at 145.5-147 meters in this hole is the deepest intersection by the Company in the Elmtree 12 vein system and indicates the system is open at depth at this location. This interval also returned anomalous values for cobalt, including 0.07% Co over 1.0 meter core length.

The meta-sediments in the lower half of Ky-18-22 are intruded my mafic dykes, possibly cutting the vein system.

Drill holes Ky-18-15 and Ky-18-16 tested the extension of the Elmtree 12 vein system to the north. Ky-18-15 was drilled slightly northwest (approximate 55 degree dip). Ky-18-16 was drilled slightly southwest (approximate 73 degree dip). The metal rich intersection in Ky-18-16 indicates the mineralized system is open to the north at slightly deeper levels.

Drill holes Ky-18-17 and Ky-18-18 tested the Elmtree 12 vein system south of previous Company drilling. Mineralized veins and / or alteration was intersected in both holes, indicating the mineralized system to be open to the south.

Drill holes Ky-18-19 and Ky-18-20 were located southwest of the known extent of the Elmtree 12 vein system. These holes tested the extension of the high grade vein intersected in 2017 hole Ky-17-8. Ky-18-19 was drilled slightly northwest at an approximate 66 degree dip to intersect the vein deeper. Hole Ky-18-19 did not confirm the down-dip extension of the mineralized vein. Hole Ky-18-20 was drilled southwest at an approximate 55 degree dip. This hole intersected a near-surface narrow copper, lead, zinc and silver bearing zone (approximate 26 meters vertical depth) approximately 10 meters south of the high grade vein intersection of hole Ky-17-8.

Drill core from the 2018 program was geologically logged and sampled at a secure location in Miramichi, New Brunswick. Drill core samples were submitted to ALS Canada for gold analysis (Fire Assay-AA) and for 33 element analysis (including copper, lead, zinc and silver) by Four Acid and ICP-AES. Samples exceeding 1,500 g/t silver were re-analyzed for silver by Fire Assay-Gravimetric Finish. Quality Control samples were included as part of the sample submission. A Qualified Person verified the 2015, 2017 and 2018 exploration data for Great Atlantic. The Qualified Person managed these exploration programs at the Keymet Property.

Historic Keymet Mine (1950s)

The Company’s focus since acquiring the Keymet Property has been the northwest region of the property in the area of reported polymetallic veins with most work in the area of the Elmtree 12 copper-lead-zinc-silver bearing vein system. At least seven vein occurrences with lead, zinc and +/- copper, silver and gold are reported in this region of the property in addition to the polymetallic veins reported at the historic Keymet Mine (source: New Brunswick Dept. of Energy and Resource Development Mineral Occurrence Database). The Keymet Mine operated during the mid-1950s, producing copper, lead, zinc and silver. Production at this mine was terminated due to a fire at the site.

Significant precious metal – base metal deposits are reported within 4 km of the Keymet Property. The Elmtree gold deposits are located within 3 km west-southwest of the Keymet Property. The historic Nigadoo River Mine is located approximately 4 km south of the Keymet Property. Polymetallic massive sulfide veins were mined at the Nigadoo River Mine during the 1960s and 1970s with copper, lead, zinc and silver being produced. The N.B Dept. of Energy and Resource Development Mineral Occurrence Database reports shaft depth and production totals at this historic mine. Production during 1967-1971 is reported as 1.126 million tonnes at 2.2% Pb, 2.1% Zn, 0.24% Cu and 92.57 g/t Ag. Production during 1973-1977 (after a 2 year closure) is reported to be 0.733 million tonnes (only partial metal grades reported). The shaft is reported to at least 470 meter deep.

The Nash Creek Zinc Project of Callinex Mines Inc. is located approximately 15 kilometers northwest of the Keymet Property. Callinex Mines Inc. recently filed a 43-101 Technical Report (effective date March 21, 2018) which was completed by Tetra Tech Canada Inc. The report includes updated mineral resource estimates for the Nash Creek Zinc Project (Hickey and Hayes Zones) using a 1.5% Zn Equiv. cut-off. This included 13,592,000 tonnes indicated estimated resources at 2.68% Zn, 0.58% Pb and 17.8 g/t Ag; and 5,929,000 tonnes inferred estimated resources at 2.68% Zn, 0.47% Pb and 13.9 g/t Ag (source: Callinex Mines Inc. Website).

Readers are warned that mineralization at the Elmtree gold deposits, historic Nigadoo River Mine and Nash Creek Zinc Project is not necessarily indicative of mineralization on the Keymet Property.

Access to the Keymet Property is excellent with paved roads transecting the property, including a provincial highway. The property covers an area of approximately 3,400 hectares and is 100% owned by the Company.

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 records referred to in this News Release are accurate.

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

Tags: #Basemetal, #GreatAtlantic, #NewBrunswick, #Resources, #smallcapstocks, gold, zinc
Posted in Great Atlantic Resources | Comments Off on $GR.ca Great Atlantic Drilling Intersects 7.89% Zinc EQ over 34.3 Meters 100% Owned Keymet Base Metal – Precious Metal Project $SIC.ca $LAB.ca

Monarques Gold $MQR.ca Intersects 74.23 g/t Au Over 2.0 Metres and 13.85 g/t Au Over 1.0 Metre at its Croinor Gold Project $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

Posted by AGORACOM-JC at 9:20 AM on Tuesday, January 15th, 2019

Hole CR-18-659 returned a very impressive 74.23 g/t Au over 2.0 metres, including 139.50 g/t Au over 1.0 metre.
This intersection is just below the historic 500-foot level drift, 150 metres below surface, and is 30 metres east and 30 metres down dip from two planned stopes, with no other holes between the stopes and this hole

Continuous positive assay results from initial drilling program on the Croinor Gold deposit

MONTREAL, Jan. 15, 2019 –Â MONARQUES GOLD CORPORATION (“Monarques” or theÂ “Corporation”) (TSXV: MQR) (OTCMKTS: MRQRF) (FRANKFURT: MR7) is pleased to report additional positive assay results from the 2018 diamond drill program at its wholly owned Croinor Gold project 50 kilometres east of Val-d’Or, QuÃ©bec. The initial 20,000-metre program started in March 2018 and focused on the expansion and infilling of the Croinor Gold deposit. The program was completed in early September with a total of 19,935 metres of core drilled in 89 holes. This last phase of the initial program shows the results from a total of 3,514 metres of drilling in 13 holes (see longitudinals: figure 1, figure 2 and figure 3). Assays have been received for all 89 holes (see table below and press releases dated July 10, 2018, September 5, 2018 and October 4, 2018, for a compilation of the drilling program results).

The results obtained from the initial program warranted additional drilling on Croinor Gold. Drilling continued with one rig on the property and a second drill was added on September 17, allowing Monarques to drill an additional 6,645 metres before the winter freeze. The results of the additional drilling will be released soon.

Hole CR-18-659 returned a very impressive 74.23 g/t Au over 2.0 metres, including 139.50 g/t Au over 1.0 metre. This intersection is just below the historic 500-foot level drift, 150 metres below surface, and is 30 metres east and 30 metres down dip from two planned stopes, with no other holes between the stopes and this hole. This hole has the potential to connect the two stopes and could substantially increase the tonnage and grade of the resource at the 500-foot level.

Like Hole CR-18-659, Hole CR-18-660 is also an infill hole drilled between two planned stopes that are 60 metres apart. Hole CR-18-660 returned values of 7.77 g/t Au over 2.1 metres, including 11.05 g/t Au over 1.1 metres. This hole also connects the two stopes, increasing the grade and tonnage in this part of the mine. This intersection is 80 metres below the surface and is just below the 250-foot level of the old workings.

Hole CR-18-662 was drilled between four planned stopes and returned values of 5.55 g/t Au over 2.5 metres, including 6.74 g/t Au over 1.3 metres just below the 250-foot level, 90 metres below surface. This hole could connect the four stopes together, again increasing the grade and tonnage in this area of the mine.

Hole CR-18-663 was drilled in the eastern part of the deposit. This hole intersected two zones, the first on the 250-foot level and the second below the 500-foot level. The first zone returned 4.69 g/t Au over 20.9 metres, including 10.38 g/t Au over 1.6 metres and 10.71 g/t Au over 1.9 metres. The hole was drilled east of the most easterly planned stope, thereby enlarging the width of the stope eastward by nearly 20 metres; most planned stopes at Croinor Gold are two metres wide. The second zone is below the historic workings, 215 metres below surface, and returned 13.85 g/t Au over 1.0 metre. This hole was drilled between two holes drilled in 2011: the hole to the west is 43 metres away and returned 3.26 g/t Au over 0.9 metre and the hole to the east is 75 metres away and returned 1.81 g/t Au over 1.0 metre. These values show that the deposit is still open to the east, to the west and at depth, and that this area merits further drilling.

Holes CR-18-664 and CR-18-665 are exploration holes drilled approximately three kilometres to the west of the Croinor Gold deposit in volcanic rocks and another narrow diorite sill. Both holes encountered visible gold, but only Hole CR-18-665 showed significant values, returning 12.20 g/t Au over 0.5 metre. An intersection with visible gold in Hole CR-18-664 returned 0.76 g/t Au over half a metre. These are encouraging results for pure exploration holes in an area that has never been drilled. Follow-up drilling has been done between these holes and assays will be released soon.

Holes CR-18-666 through CR-18-670 are exploration holes that were drilled to test induced polarization anomalies.

“These impressive results from the infilling diamond drilling phase of the program demonstrate that the Croinor Gold deposit has room to grow the resource even more, at depth and within the deposit itself,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “The goal of the additional 6,645-metre drilling program, which was completed before the winter freeze, was to increase the tonnage of the Croinor Gold deposit, as well as to drill around the periphery of the deposit to follow up on positive assay results to extend the resource to the west, where it is still open. We should be able to release the results of the additional drilling in the coming weeks.”

Last set of results from the Croinor Gold initial drilling program

Hole	Length	From	To	Width*	Grade	Area
Number	(m)	(m)	(m)	(m)	(g/t Au)	Targeted
CR-18-659	232	138.3	139.0	0.7	4.08	Deposit
163.4	165.4	2.0	74.23
*Including*	164.4	165.4	1.0	139.50
CR-18-660	214	91.2	92.2	1.0	3.27	Deposit
99.0	101.1	2.1	7.77
*Including*	100.0	101.1	1.1	11.05
CR-18-661	232	104.7	105.9	1.2	2.57	Deposit
CR-18-662	280	3.1	3.6	0.5	4.05	Deposit
100.3	102.8	2.5	5.55
Including	101.5	102.8	1.3	6.74
111.3	112.2	0.9	4.59
CR-18-663**	331	113.1	114.0	0.9	8.75	Deposit
136.0	156.9	20.9	4.69
Including	136.0	142.0	6.0	7.54
*Including*	149.4	151.0	1.6	10.38
*Including*	155.0	156.9	1.9	10.71
268.0	270.0	2.0	6.57
275.0	276.0	1.0	13.85
CR-18-664	250	157.2	158.2	1.0	2.12	Exploration
224.2	224.7	0.5	0.76
CR-18-665	250	110.9	111.4	0.5	12.20	Exploration
CR-18-666***	151	13.8	15.2	1.4	0.01	Exploration
CR-18-667	304	No significant values	Exploration
CR-18-668	301	88.0	89.0	1.0	0.25	Exploration
CR-18-669	304	95.0	96.0	1.0	0.23	Exploration
CR-18-670	301	193.7	195.0	1.3	0.27	Exploration
CR-18-671	364	228.0	229.1	1.1	6.47	Deposit

*The width shown is the core length. True width is estimated to be 90-95% of the core length.

**Hole CR-18-663 was drilled down dip, parallel to the diorite, to test for the presence of multiple directions of quartz veining. The width shown is the core length. True width is estimated to be 30-35% of the core length.

***Hole CR-18-666 is a vertical hole, to test the presence of an interpreted flat-lying vein. The width shown is the core length. True width is estimated to be 90-95% of the core length.

The Croinor Gold deposit is hosted in a sheared diorite sill three kilometres long by 60-120 metres wide, striking 295 degrees north and dipping 50-65 degrees to the north. The mineralization is associated with pyrite found within and adjacent to quartz-tourmaline veins.

Sampling normally consists of sawing the core into equal halves along its main axis and shipping one of the halves to the ALS Minerals laboratory in Val-d’Or, Quebec for assaying. The samples are crushed, pulverized and assayed by fire assay, with atomic absorption finish. Results exceeding 3.0 g/t Au are re-assayed using the gravity method, and samples containing visible gold grains are assayed using the metallic sieve method. Monarques uses a comprehensive QA/QC protocol, including the insertion of standards, blanks and duplicates.

The technical and scientific content of this press release has been reviewed and approved by Ronald G. Leber, P.Geo., the Corporation’s qualified person under National Instrument 43-101.

ABOUT MONARQUES GOLD CORPORATION

Forward-Looking Statements
The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques’ actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. Neither TSX nor its Regulation Services Provider (as that term is defined in the policies of the TSX accepts responsibility for the adequacy or accuracy of this press release.

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SOURCE Monarques Gold Corporation

Tags: gold
Posted in Monarques Gold | Comments Off on Monarques Gold $MQR.ca Intersects 74.23 g/t Au Over 2.0 Metres and 13.85 g/t Au Over 1.0 Metre at its Croinor Gold Project $ECR.ca $MZZ.ca $QMX.ca $IMG.ca $IAG $MUX

GGX Gold Intersects 129 G/T Gold and 1,154 G/T Silver over 7.28 Meters Diamond Drilling Program at COD Vein $GGX.ca $TUSK.ca $GZD.ca

Posted by AGORACOM at 8:16 AM on Tuesday, January 15th, 2019

129 g/t gold and 1,154 g/t silver over 7.28 meter core length (majority of samples greater than the upper 500 g/t analytical limit for tellurium).
High-grade quartz vein intersection is near-surface (18 to 23 meters vertical depth).
Part of exploratory shallow drilling designed to define high-grade mineralization and expand the understanding of controls on mineralization.
Telluride mineralization is common in vein intersection. Visible gold in one section.

VANCOUVER, BC / ACCESSWIRE / January 11, 2019 / GGX Gold Corp. (TSX-v: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX“) is pleased to announce it has received drill core analytical results for drill holes COD18-65 to COD18-67 completed during the November 2018 diamond drilling program at its Gold Drop Property near Greenwood, southern British Columbia. COD18-67 intersected near-surface high-grade gold and silver with significant tellurium in the COD quartz vein. COD18-67 tested the southwest region of the COD vein in an area of prior high-grade gold drill intercepts. The mineralized COD vein system has been traced by drilling and / or trenching for approximately 400 meter strike length and is open to the northeast, at depth and possibly to the southwest. Highlights for COD18-67 include:

The November 2018 diamond drilling program (11 drill holes: COD18-61 to COD18-71) tested the southwest region of the COD vein in an area of high-grade gold and silver mineralization. The COD vein is located in the Gold Drop Southwest Zone. Prior 2018 drill holes in this part of the COD vein intersected near-surface high-grade gold and silver mineralization (News Releases of August 15 and 22, 2018). These include (core length):

COD18-45: 50.1 g/t gold and 375 g/t silver over 2.05 meters

(including 167.5 g/t gold, 1,370 g/t silver & >500 g/t tellurium over 0.46 meters).

COD18-46: 54.9 g/t gold and 379 g/t silver over 1.47 meters

(including 223 g/t gold, 1,535 g/t silver & > 500 g/t tellurium over a 0.30 meters).

Approximate 20 meter (COD18-45) to 23 meter (COD18-46) vertical depth of high grade gold and silver mineralization.

Drill holes COD18-45 and COD18-46 were drilled at 45 and 50 degree dips to the west from the same site to intersect the northeast-southwest striking COD vein.

Intersections exceeding 1 g/t gold for drill holes COD18-65 to COD18-67 are listed in the table below. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported.

Hole ID	From (m)	To (m)	Length (m)	Au (g/t)	Ag (g/t)	Te (g/t)	Description
COD18-66	16.35	16.75	0.40	1.02	6.22	3.46	Quartz veinlet & altered wall rock.
COD18-66	22.96	23.90	0.94	6.97	46.8	34.4	Quartz vein
*COD18-67*	*23.19*	*30.47*	*7.28*	*129.1*	*1,154.9*	*Quartz vein with +/- tellurides*
*COD18-67*	*incl. 23.58*	*23.95*	*0.37*	*106*	*1250*	*>500*	*Quartz vein with tellurides & VG*
*COD18-67*	*incl. 24.50*	*27.63*	*3.13*	*232.1*	*2,001.1*	*>500*	*Quartz vein with +/- tellurides*
*COD18-67*	*incl. 29.70*	*30.47*	*0.77*	*143*	*1,372.9*	*>500*	*Quartz vein with tellurides*

Samples of felsic intrusive wall rock adjacent to the high grade vein in COD18-67 returned low grade gold values of 0.77 g/t (22.00-23.19 meters) and 0.57 g/t (30.47-32.72 meters).

All of the November 2018 drill holes were collared within 25 meters of holes COD18-45 and COD-46, the objective to define the high-grade mineralization in this part of the COD vein and to provide information on the controls on mineralization. Holes COD18-61 to COD18-66 were drilled to the west and slightly northwest at dips of 45 to 60 degrees to intersect the approximately northeast striking vein(s). Holes COD18-67 to COD18-71 were drilled at dips of 45 to 60 degrees slightly northeast to intersect the vein(s) at a shallower angle, the objective being to test the continuity of the quartz veining and mineralization.

Analytical results for drill holes COD18-61 to COD18-64 were reported in the Company’s News Release of January 9, 2018, the highlight being an intersection of 28.0 g/t gold, 424.7 g/t silver and 150.4 g/t tellurium over 1.17 meter core length in COD18-63.

Gold and silver bearing quartz veins occur in multiple regions on the property with high grade gold reported (samples exceeding 1 oz. / ton gold reported).

Historic gold and silver production occurred at the Gold Drop, North Star, Amandy and Roderick Dhu vein systems.

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

“With each additional drill program, we are significantly improving the gold grade mineralization of the COD Vein. We continue to expand the known strike length of the mineralized vein system, which remains open in several directions. With another new near-surface high-grade gold-zone and increasing strike length, we are very satisfied with the results generated and optimistic on the gold potential of the Gold Drop project.” comments Barry Brown, President.

On Behalf of the Board of Directors,
Barry Brown, Director
604-488-3900
[email protected]

Tags: #BC, #Discovery, #Greenwood, #silver, #tellerium, $GGX, gold
Posted in GGX Gold Corp. | Comments Off on GGX Gold Intersects 129 G/T Gold and 1,154 G/T Silver over 7.28 Meters Diamond Drilling Program at COD Vein $GGX.ca $TUSK.ca $GZD.ca

GGX Gold Intersects 28 g/t Gold and 424 g/t Silver over 1.17 Meters Diamond Drilling Program at COD Vein on the Gold Drop Property Southern British Columbia $GGX.ca, $Tusk.ca, $GZD.ca $K.ca

Posted by AGORACOM at 9:23 AM on Wednesday, January 9th, 2019

Results for holes COD18-61 to COD18-64 completed during the 2018 November diamond drilling program at its Gold Drop Property
COD18-45: 50.1 g/t gold and 375 g/t silver over 2.05 meters.
COD18-46: 54.9 g/t gold and 379 g/t silver over 1.47 meters.

VANCOUVER, BC / ACCESSWIRE / January 9, 2019 / GGX Gold Corp. (TSX-V: GGX), (OTCQB: GGXXF), (FRA: 3SR2) (the “Company” or “GGX“) is pleased to announce it has received drill core analytical results for drill holes COD18-61 to COD18-64 completed during the 2018 November diamond drilling program at its Gold Drop Property near Greenwood, southern British Columbia. The drilling program that was completed at the end of November last year consisted of 11 drill holes (COD18-61 to COD18-71) targeting the gold bearing COD vein, the focus being an area of previous high grade gold drill intercepts. Highlights from 2018 drilling at the COD vein and the Gold Drop Property include:

COD18-45: 50.1 g/t gold and 375 g/t silver over 2.05 meters.
COD18-46: 54.9 g/t gold and 379 g/t silver over 1.47 meters.
COD18-63: 28.0 g/t gold and 424 g/t silver over 1.17 meter core length.
Gold and silver bearing quartz veins in multiple regions of the property with high grade gold reported (samples exceeding 1 oz. / ton gold reported).
Historic gold and silver production at the Gold Drop, North Star, Amandy and Roderick Dhu vein systems.

The 2018 Fall diamond drilling program tested the COD vein, located in the Gold Drop Southwest Zone. The program followed up on results from earlier 2018 diamond drilling at the southern extension of the COD vein. Two earlier 2018 holes at the southern extension, COD18-45 and COD18-46 (which were drilled at 45 and 50 degree dips to the west from the same site), intersected high grade gold and silver plus significant amounts of tellurium. COD18-45 intersected of 50.1 grams per tonne (g/t) gold and 375 g/t silver over 2.05 meter core length including 167.5 g/t gold, 1,370 g/t silver and >500 g/t tellurium over 0.46 meter core length (News Release of August 15, 2018). COD18-46 intersected 54.9 g/t gold and 379 g/t silver over a 1.47 meter core length, including 223 g/t gold, 1,535 g/t silver and greater than 500 g/t tellurium over a 0.30 meter core length (News Release of August 22, 2018).

Intersections exceeding 1 g/t gold for drill holes COD18-61 to COD18-64 are listed in the table below. Since true widths cannot be accurately determined from the information available the core lengths (meters) are reported.

Hole ID	From (m)	To (m)	Length (m)	Au (g/t)	Ag (g/t)	Te (g/t)	Description
COD18-61	22.62	24.00	1.38	5.29	32.4	31.4	Quartz vein
COD18-63	23.22	24.15	0.93	2.51	19.4	12.7	Quartz veins & altered granodiorite
COD18-63	25.74	26.14	0.40	1.16	9.78	8.72	Quartz veins & altered wall rock.
*COD18-63*	*26.14*	*27.31*	*1.17*	*28.0*	*424.7*	*150.4*	*Quartz vein with local VG & tellurides*
*COD18-63*	*incl. 26.72*	*27.31*	*0.59*	*49.7*	*787*	*245*	*Quartz vein with VG & tellurides*
COD18-64	30.10	30.40	0.30	3.04	24.6	31.3	Altered granodiorite

All of the 2018 Fall drill holes were collared within 25 meters of holes COD18-45 and COD-46. Holes COD18-61 to COD18-66 were drilled to the west and slightly northwest at dips of 45 to 60 degrees to intersect the approximately northeast striking COD vein. Holes COD18-67 to COD18-71 were drilled at dips of 45 to 60 degrees slightly northeast to intersect the COD vein at a shallower angle, the purpose being to test the continuity of the quartz veining and mineralization. The high grade intercept of drill hole COD18-63 is at approximate 20 meter vertical depth (similar depth of high grade intercept of drill hole COD18-45) and approximately 5 meters north of the high grade intercept of drill hole COD18-45.

The COD vein system is open to the northeast and at depth and possible open to the southwest.

The drill core was split at a secure location in Greenwood with half core samples securely packaged and delivered to ALS Canada Ltd. in Vancouver, BC for preparation and analysis. The core samples were analyzed for gold by Fire Assay-AA and for 48 elements (including silver and tellurium) by Four Acid – ICP-MS. Samples exceeding 100 g/t silver were re-analyzed for silver by Four Acid – ICP-AES. Quality control (QC) samples were inserted at regular intervals.

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

To view the Original News release with pictures please go to the website or contact the company.

On Behalf of the Board of Directors,
Barry Brown, Director
604-488-3900
[email protected]

Tags: #exploration, #GoldDrop, #GreenwoodBC, #silver, #tellerium, $GGX.ca, gold
Posted in GGX Gold Corp. | Comments Off on GGX Gold Intersects 28 g/t Gold and 424 g/t Silver over 1.17 Meters Diamond Drilling Program at COD Vein on the Gold Drop Property Southern British Columbia $GGX.ca, $Tusk.ca, $GZD.ca $K.ca

Beauce #Gold Fields Closes the $550,000 Concurrent Private Placement and Submits Form 2B Required for Listing on the TSX.V Exchange $HPQ.ca $BGF.ca

Posted by AGORACOM-JC at 4:39 PM on Wednesday, December 12th, 2018

For the purpose of the execution of the Plan of Arrangement, HPQ subsidiary, Beauce Gold Fields Inc (â€œBGFâ€) has closed the $550,000 private placement required for the listing on the TSX-Venture Exchange
Submitted to the Exchange the Listing Application (Form 2B) under the reserved stock symbol BGF

MONTREAL, Dec. 12, 2018 — HPQ Silicon Resources Inc (â€œHPQâ€) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF)Â is pleased to inform shareholders that, for the purpose of the execution of the Plan of Arrangement, HPQ subsidiary, Beauce Gold Fields Inc (â€œBGFâ€) has closed the $550,000 private placement required for the listing on the TSX-Venture Exchange (â€œExchangeâ€) and has submitted to the Exchange the Listing Application (Form 2B) under the reserved stock symbol BGF.

Once the Company receives satisfactory review of the Listing Application, it will set (in collaboration with the Exchange) the declaration date, record date, payment date of the distribution and finally, the listing date of BGF shares on the Venture Exchange.

Patrick Levasseur, President and CEO of HPQ Beauce Gold Fields subsidiary stated, â€œWe are working closely with the Exchange to complete this listing process that will allow HPQ to unlock the full potential value of the Beauce Gold property through a fresh new entity starting with a tight capital structure.â€ Mr. Levasseur also stated â€œThe Beauce is Canadaâ€™s last underexplored historical placer mining camp. Itâ€™s similar to the placer to hard rock exploration projects in the Yukon or the Cariboo district in BC, that were both placer gold mining camps as well, but recently had major gold discoveries. Combining our large claims holding in St-Simon-Les-Mines together with our increasing knowledge of the geology, we believe we have narrowed the search in exploring for a hard rock gold depositâ€.

The Private Placement is for:

3,500,000 hard-cash units (HC Units) at the price of $0.10 per HC Unit for total of $350,000.00
1,666,666 flow-through units (FT Units) at the price of $0.12 per FT Unit for total of $200,000.00

Each HC Unit will be comprised of one common share and one common share purchase warrant of the Company to purchase one common share at the price of $0.15 per share. Each FT Unit will be comprised of one flow-through common share and one-half of one common share purchase warrant, with each full warrant allowing the holder to purchase one common share at the exercise price of $0.18 per share. The warrants are valid until December 15, 2020.

Patrick Levasseur, President and CEO of BGF, Lam Chan Tho, Director of BGF, through a wholly-owned company, 9228-6202 QuÃ©bec Inc. and Ann Levasseur, Director of BGF have subscribed to 641,666 FT Units, 300,000 FT Units and 42,000 FT Units, respectively, representing an aggregate amount of $118,000

The participation of each of Patrick Levasseur, Lam Chan Tho (9228-6202 QuÃ©bec Inc.) and Ann Levasseur in the Private Placement constitutes a “related party transaction” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101”) and Policy 5.9 -Protection of Minority Security Holders in Special Transactions of the Exchange. In connection with this related party transaction, the Company is relying on the formal valuation and minority approval exemptions of respectively subsection 5.5(a) and 5.7(1)(a) of MI 61-101 as the fair market value of the portion of the Private Placement subscribed by Directors does not exceed 25% of the Company’s market capitalization. The Private Placement, including Directorâ€™s participation, has been approved by the Board of Directors of the Company, with each of participating Directors abstaining with respect to their participation.

In connection with the placement, the company paid Finders’ fees as follows:

1) $2,400 to Leede John Gable Inc., and the issuance of 24,000 warrants entitling the Agent to purchase 24,000 common shares at a price of $0.15 per share for a period of 24 months until December 15, 2020; 2) $6,560 to Stephen Avenue Securities Inc. and the issuance of 40,000 warrants entitling the Agent to purchase 40,000 common shares at a price of $0.15 per share and 4,800 warrants entitling the Agent to purchase 4,800 common shares at a price of $0.18, for a period of 24 months until December 15, 2020; 3) the issuance to Falkenberg Holding Ltd and to Gathering Waters Ltd 8,000 warrants entitling the Agents to purchase 8,000 common shares at the price of $0.15 as well as 1,600 warrants entitling the Agents to purchase 1,600 common shares at the price of $0.18 for a period of 24 months until December 15, 2020;

About Beauce Gold Fields

BGF is a wholly owned subsidiary of HPQ Silicon into which HPQ gold assets were transferred. Subject to approval by TSX-V, HPQ is in the process of listing BGF as a new public junior gold company, following the approval by shareholders during HPQ AGM held on Aug. 10, 2018, of the proposed terms of the plan of arrangement.

The Beauce Gold Fields project is a unique, historically prolific gold property located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 152 claims 100% owned by HPQ, the project area hosts a six kilometre long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). Textural observations (angularity) of gold nuggets suggest a relatively proximal source and therefore a short transport distance. The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries. The property was also hosts numerous historical gold mines that were active from 1860s to the 1960s (see HPQ SEDAR-filed report).

Beauce Gold Fields website www.beaucegold.com

About HPQ Silicon

HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.

HPQâ€™s goal is to develop, in collaboration with industry leaders, PyroGenesis (TSX-V: PYR) and Apollon Solar, that are experts in their fields of interest, the innovative PUREVAPTM â€œQuartz Reduction Reactors (QRR)â€, a truly 2.0 Carbothermic process (patent pending), which will permit the transformation and purification of quartz (SiO2) into high purity silicon metal (Si) in one step and reduce by a factor of at least two-thirds (2/3) the costs associated with the transformation of quartz (SiO2) into SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule to start mid-2019.

For further information contact

Bernard J. Tourillon, Chairman, President and CEO HPQ Tel (514) 907-1011
Patrick Levasseur, COO HPQ, President and CEO BGF Tel: (514) 262-9239
www.HPQSilicon.com

Shares outstanding: 222,284,053

Disclaimers:

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S un der the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws. Neither the 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.

Tags: gold, High Purity Quartz, High Purity silica
Posted in All Recent Posts, HPQ-Silicon Resources Inc. | Comments Off on Beauce #Gold Fields Closes the $550,000 Concurrent Private Placement and Submits Form 2B Required for Listing on the TSX.V Exchange $HPQ.ca $BGF.ca

$GR.ca Great Atlantic Resources Corp. Files 43-101 Report on Golden Promise Project, Newfoundland $SIC.ca $MOZ.ca $LAB.ca

Posted by AGORACOM at 2:35 PM on Thursday, December 6th, 2018

Completed 43-101 includes a mineral resource estimate (Inferred ) for the Jaclyn Main Zone, Golden Promise
Golden Promise hosts multiple gold bearing quartz veins and is located in a region of recent significant gold discoveries
significant gold discoveries in this region include those of Sokoman Iron Corp. (TSXV.SIC) at the Moosehead Project and Marathon Gold Corp. (TSXV.MOZ) at the Valentine Lake Gold Camp.

VANCOUVER, BC / ACCESSWIRE / December 6, 2018 / GREAT ATLANTIC RESOURCES CORP. (TSX-V: GR) (the “Company” or “Great Atlantic”) announces that it has received and filed on SEDAR a National Instrument 43-101 Technical Report, dated December 4, 2018 (revising a previous filed version dated November 28, 2018) (the “Report“) on the Company’s Golden Promise Gold Property, located in the central Newfoundland gold belt. The report was completed by Mr. Greg Z. Mosher, M.Sc. App., P.Geo., and Mr. Larry Pilgrim, B.Sc., P.Geo. The amendments in the December 4 version of the technical report principally relate to disclosure of QA/QC programs in Part 11 and data verification in Part 12. The material conclusions of both versions of the Report are the same.

The Report includes the following mineral resource estimate (Inferred resources) for the Jaclyn Main Zone, the maiden resource estimate for the Company on the property:

Resource	Cutoff Au g/t	Au Cap g/t	Au Uncap g/t	Tonnes	Au Ounces Capped	Au Ounces Uncapped
Total	1.1	9.3	10.4	357,500	106,400	119,900
Pit-Constrained	0.6	11.4	14.1	157,300	57,800	71,200
Underground	1.5	7.5	7.6	200,200	48,600	48,700

(To view the full-sized image, please click here)

High-grade gold is reported in quartz veins and quartz vein boulders within the Golden Promise Property. Gold bearing quartz veins are reported in multiple areas of the property, including at least 5 gold bearing quartz vein systems reported in one zone referred to as the Jaclyn Zone, located in the northern half of the property. Much of the reported historical exploration within the property has been focused on the Jaclyn Zone with gold bearing vein systems reported at the Jaclyn Main, Jaclyn East, Jaclyn West, Jaclyn North and Jaclyn South Sub-zones. The majority of historic drilling (2002-2010) was conducted at the Jaclyn Main Zone. Significant historical work is also reported in the southwest region of the property at the Linda / Snow White vein, including grab sample reported to return 105 and 232 g/t gold, a reported channel sample returning 29.7 g/t gold / 0.5 meters, and a diamond drillhole intersection of 19.5 g/t gold / 1.15 meter core length. Gold bearing veins and gold bearing float are reported in other regions of the property.

The Report includes a mineral resource estimate for the Jaclyn Main Zone, the only area within the Property for which sufficient data exists to support a mineral resource estimate. The resource estimate was completed by Mr. Greg Z. Mosher, M.Sc. App., P.Geo.

(To view the full-sized image, please click here)

The current mineral resource estimate for the Jaclyn Main Zone is based on assays from 107 drillholes (2002 â€“ 2010). The drill core from most of these holes has been preserved at a Provincial Government storage facility in Buchans, NL. As part of the data verification process prior to the resource estimate, core from five (5) holes, representing a range of contained gold grades and locations within the zone, were examined and six (6) quarter-core samples were collected from three of these holes for verification of the original assay values. The six check samples were assayed for gold in 2018 at ALS Canada in North Vancouver. The following table shows the comparison of original and check assay values.

Drill Hole	From (m)	To (m)	Length (m)	Original Au g/t	Check Au g/t	Sample #
GP02-09	47.6	48.3	0.7	1.4	1.455	CNF10434
GP02-09	48.3	48.7	0.4	1.0	0.005	CNF10435
GP06-51	153.5	153.8	0.3	14.1	25.1	CNF13676
GP06-51	153.8	154.2	0.4	9.4	4.27	CNF13677
GP07-74	181.0	181.5	0.5	5.2	1.79	CNF19937
GP07-74	181.5	182.0	0.5	2.4	0.083	CNF19938

Discrepancies between the original and check assays are attributable to the fact that 1) original and check samples were collected from different portions of the core; 2) the gold is particulate in nature and therefore a high degree of variability exists between the half-core and quarter-core samples; and 3) the original samples were assayed using screened metallics to capture any coarse particles of gold whereas the check samples were of too small a volume to permit the use of screening and therefore some gold particles may not have been captured by the analytical process.

Original assay certificates for approximately 60% of the Jaclyn Main Zone assays were checked against assay values in the dataset used for the mineral resource estimate and no discrepancies were found. The results of QA/QC monitoring of drill core samples submitted for analysis during the period 2004 â€“ 2008 and 2010 â€“ 2011, were compiled and assessed. These measures include use of standards, blanks and duplicate samples, although not all measures were employed in all programs. Regardless, all QA/QC metrics fall within acceptable limits.

The zone was modelled as a single quartz vein that strikes east-west and dips steeply to the south. Modelled vein thickness was based on true thickness derived from quartz vein intercepts. The estimate is based on 220 assays that were composited to 135 one-meter long composites. A bulk density of 2.7 g/cm3 was used. Blocks in the model measured 15 meters east-west, 1-meter north-south and 10 meters vertically. The block model was not rotated. Grades were interpolated using inverse-distance squared (ID2) weighting and a search ellipse that measured 100 meters along strike, two meters across strike and 50 meters vertically. Grades were interpolated based on a minimum of two and a maximum of 10 composites with a maximum of one composite per hole so the grade of each block is based on at least two drillholes thereby demonstrating continuity of mineralization. For the capped mineral resource estimate, all assays that exceed 65 g/t gold were capped at 65 g/t gold. All resources were classified as Inferred because of the relatively wide spacing of drill holes through most of the zone.

Jaclyn Main Zone Inferred Mineral Resource Estimate: Pit-Constrained

Cutoff Au g/t	Au Cap g/t	Au Uncap g/t	Tonnes	Au Ounces Capped	Au Ounces Uncapped
10	21.9	28.5	63,300	44,600	57,900
5	16.4	20.5	101,100	53,300	66,700
4	15.2	18.9	112,300	54,900	68,300
3	14.1	17.5	124,000	56,300	69,600
2	13.7	17	128,400	56,700	70,000
1.5	13.2	16.3	134,100	57,000	70,300
1	11.8	14.6	151,500	57,700	71,000
0.8	11.5	14.2	155,700	57,800	71,100
0.6	11.4	14.1	157,300	57,800	71,200
0.4	11.4	14	157,800	57,800	71,200
0.2	11.4	14	158,200	57,800	71,200

Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.
There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves.
Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding.
Mineral resource tonnage and grades are reported as undiluted.
Contained Au ounces are in-situ and do not include recovery losses.

Jaclyn Main Zone Inferred Mineral Resource Estimate: Underground

Cutoff Au g/t	Au Cap g/t	Au Uncap g/t	Tonnes	Au Ounces Capped	Au Ounces Uncapped
10	15.7	15.7	51,100	25,700	25,800
5	11.1	11.2	111,300	39,800	39,900
4	10.1	10.2	130,800	42,600	42,700
3	9.1	9.1	155,400	45,300	45,500
2	8	8.1	184,500	47,700	47,800
1.5	7.5	7.6	200,200	48,600	48,700
1	7	7	218,500	49,300	49,500
0.8	6.7	6.7	230,400	49,700	49,800
0.6	6.5	6.5	239,300	49,900	50,000
0.4	6	6	262,100	50,200	50,400
0.2	5.2	5.2	305,100	50,600	50,800

Jaclyn Main Zone Total Inferred Mineral Resource Estimate

Resource	Cutoff Au g/t	Au Cap g/t	Au Uncap g/t	Tonnes	Au Ounces Capped	Au Ounces Uncapped
Total	1.1	9.3	10.4	357,500	106,400	119,900
Pit-Constrained	0.6	11.4	14.1	157,300	57,800	71,200
Underground	1.5	7.5	7.6	200,200	48,600	48,700

Jaclyn Main Zone Block Model

(To view the full-sized image, please click here)

As discussed previously in this News Release, significant recent gold discoveries in the central Newfoundland gold belt within the Exploits Subzone include that of Sokoman Iron Corp. and Marathon Gold Corp. Sokoman Iron Corp. (TSXV.SIC) recently announced a high grade gold discovery on its Moosehead Property, located approximately 40 kilometers east-northeast of the Golden Promise Property. The discovery was made during the 2018 diamond drilling program. A drill intersection of 44.96 g/t gold over 11.90 meter core length was reported including a 1.35 meter core length quartz vein intersection of 385.85 g/t gold (Sokoman Iron Corp. News Release of July 24, 2018). The Valentine Lake Gold Camp of Marathon Gold Corp. (TSXV.MOZ) is located approximately 55 kilometers southwest of the Golden Promise Property. As reported on Marathon’s website, the Valentine Lake Gold Camp currently hosts four near-surface, mainly pit-shell constrained, deposits with measured and indicated resources totaling 2,691,400 oz. of gold at 1.85 g/t gold and inferred resources totalling 1,531,600 oz. of gold at 1.77 g/t. Readers are warned that mineralization at the Moosehead Property and Valentine Lake Gold Camp is not necessarily indicative of mineralization on the Golden Promise Property.

The Report may be subject to review by the British Columbia Securities Commission.

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
[email protected]

Tags: #43-101, #Mineableounces, #Newfoundland, $gr.ca, Atlantic Canada, gold
Posted in AGORACOM Client Feature, All Recent Posts, Great Atlantic Resources, Small and Micro-Cap Space | Comments Off on $GR.ca Great Atlantic Resources Corp. Files 43-101 Report on Golden Promise Project, Newfoundland $SIC.ca $MOZ.ca $LAB.ca

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