Canadian exploration company Great Atlantic Resources (TSX-V:GR) is planning to extract a bulk sample during 2025 from an area of the gold-bearing Jaclyn Main Zone.
The company has received gold analyses for the fourth hole (GP-24-160) drilled at JMZ during the 2024 diamond drilling program at its Golden Promise Gold Property, located in central Newfoundland.
GP-24-160 intersected 19.12 grams per tonne (g/t) gold over 0.57m and 14.76g/t gold over 0.24m. The intervals are core length. These half core samples were collected from quartz vein intervals containing visible gold.
Eight holes have been completed to date during 2024 at the JMZ totalling 716.5 total metres.
These holes were drilled in the west region of the JMZ within the planned bulk sample area. All were drilled on the same northwest-southeast trend to intersect the steeply dipping, east to slightly northeast trending JMZ. The holes were designed to target the JMZ between surface and approximately 100m meters vertical depth.
GP-24-160 was drilled slightly northwest (about 344 degrees) at a dip of about 51 degrees and to a length of 98m. The hole intersected two quartz veins with visible gold. Two sawed half core samples from these vein intervals were submitted to Eastern Analytical for gold and multi-element analysis.
Great Atlantic previously announced results of drill core samples from drill holes GP-24-157 and GP-24-158, the first two holes of the 2024 diamond drilling program at the JMZ. These included core samples from quartz vein intervals with visible gold. Drill hole GP-24-157 intersected 34.87g/t gold over 0.53m while GP-24-158 intersected 12.96g/t gold over 0.64m.
These intervals are core length. Analytical results are pending for drill core samples from drill holes GP-24-159 and GP-24-161 to GP-24-164.
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Images: Great Atlantic Resources
