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Great Atlantic Resources Corp V.GR

Great Atlantic Resources Corp. is a Canadian exploration company. The Company is engaged in the acquisition, exploration, and evaluation of its mineral property interests located in Atlantic Canada. It is focused on the critical elements, such as Gold, Copper, Zinc, Nickel, Cobalt, Antimony, and Tungsten. It operates a range of projects in Newfoundland and New Brunswick. Its Newfoundland projects include Golden Promise, Southwest Golden Promise, Pilley's Island, and South Quarry. Its New Brunswick projects include Kagoot Brook Cobalt, Keymet, Mascarene, Porcupine, McDougall Road, and Glenelg Vanadium. The Golden Promise Property is located in Newfoundland and Labrador and encompasses 60 stake lode claims. It has a 100% interest in the South Quarry tungsten Property. The Kagoot Brook Cobalt Property is located in North-Central New Brunswick. The Keymet Property is located northwest of Bathurst, New Brunswick. The PorcupineUpper Miramichi Rare Earth Property is located in New Brunswick.


TSXV:GR - Post by User

Post by SwissInvestoron Feb 08, 2011 8:32am
396 Views
Post# 18092436

Assayed over 300 g/t GOLD(grams per tonne) Drillin

Assayed over 300 g/t GOLD(grams per tonne) Drillin
The Property is comprised of 127 claims (40 acres each) for a total of 5,080 acres. High grade gold was discovered on the property over 100 years
ago and was produced primarily in the late 1800’s from two underground mines, the Kempt and the Cowan. Modern exploration techniques
were used to identify a target area between the two former producers featuring numerous high grade angular float boulders, several of which
have assayed over 300 g/t (grams per tonne) (about 9 ounces/ton) Au. Recent bulk till sampling over an area approximately three square
kilometres has identified a very large “gold in till” anomaly measuring approximately 800 meters in width and extending 2,000 meters down ice.
It is centered in an area between the two former mines, coincident with the area of high grade float. The analysis revealed gold grain counts up
to about 1,000 grains in a standard 10 kilogram basal till sample. Analysis of the morphology of the gold grains indicates that they have
travelled only about 100 meters from source. This technique played an important part in identifying some of the zones in the very large Rainey
River gold property in Ontario. The company has recently completed a IP Survey over the property, as well as a soil sampling program using SGH
(soil-gas-hydrocarbons) sampling protocols established by Activation Labs based in Aurora Ontario. The company is currently interpreting the
data and is expecting to be drilling in the first quarter of 2011.
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