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Bullboard - Stock Discussion Forum Great Atlantic Resources Corp V.GR

Metals & Mining Industrial Metals & Minerals
Great Atlantic Resources Corp is engaged in the acquisition, exploration, and evaluation of its mineral property interests located in Atlantic Canada. Principally, the company explores for gold, zinc, tungsten, and antimony. It is focused on the development of various project properties including Golden Promise gold, Pilley's Island, and South Quarry properties located in Newfoundland. The... see more

TSXV:GR - Post Discussion

Great Atlantic Resources Corp > Great Atlantic Resources enters into MOU
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Post by Betteryear2 on Oct 11, 2023 4:38pm

Great Atlantic Resources enters into MOU

VANCOUVER, BC / ACCESSWIRE / October 11, 2023 / Great Atlantic Resources ("GAR" or the "Company") (TSX.V:GR), is pleased to announce that its wholly owned subsidiary, Golden Promise Mines Inc. ("GPM"), a gold development company which wholly owns several projects in Central Newfoundland, has signed a Memorandum of Understanding ("MOU") with Novamera Inc. ("Novamera") to evaluate the use of surgical mining and Novamera's technologies as the extraction method for the Jaclyn Main Zone (the "Project"), which currently contains an NI 43-101 compliant mineral resource estimate of 119,900 inferred ounces at 10.4 grams per tonne ("g/t") gold (See Company news release dated December 6, 2018).

Great Atlantic Resources enters into MOU to evaluate deployment of Novamera's Surgical Mining Technologies at Jaclyn Main Zone (accesswire.com)
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Great Atlantic Resources Corp