Vancouver, British Columbia, February 23, 2022 (GLOBE NEWSWIRE) — Great Atlantic Resources (TSXV: GR) (FSE: PH02) launches diamond drilling program at mascarine properties in copper, cobalt, nickel, zinc and gold Did. Southwestern New Brunswick. Covering an area of approximately 2,080 hectares, the Mascarin Property is located approximately 6 kilometers southwest of the town of St. George.
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The current drilling program is being carried out in the southern region of the Mascarin property, a mineral source in Wheel, Louisiana, including two shafts from the 1850s. Quartz veins containing other historic pits and sulfides occur in this target area.
A drilling program planned for four holes totaling 600 meters is a reported copper soil anomaly and historic pit adjacent to a wide northeastern trend zone of magnetic high anomalies identified during a 2001 government aerial magnetic survey. Test the area of. This zone of high magnetic anomalies extends throughout the Mascaren property, including the southern region where excavation is underway. Great Atlantic management said this high magnetic tendency was related to the burial of mafic intrusive rocks and the potential targets of hosted copper-nickel-cobalt deposits of mafic intrusive rocks. I’m guessing.
Limited sampling by the Great Atlantic in 2020 identified anomalous copper and gold in the rubble adjacent to the shaft and nearby pits in this target area.Mafic rubble sample Returned outliers of 6.19% copper, 0.404 g / t gold and 107 ppm cobalt.. Two quartz vein rubble samples returned outliers of up to 0.86% copper and up to 0.19 g / t of gold.
With its large number of properties in Atlantic, Great Atlantic utilizes a project-generated model that focuses specifically on key elements that stand out on the Atlantic coast of Canada, such as antimony, tungsten, and gold.
The stock is trading at $ 0.235. For more information, please visit the company’s website. www.GreatAtlanticResources.comPlease contact Christopher R. Anderson (604-488-3900), President and CEO.For investor public relations, see Andrew Job (416-628-1560) or IR@GreatAtlanticResources.com..
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InvestmentPitch Media Video describes Great Atlantic’s diamond drilling program on copper, cobalt, nickel, zinc and gold mascarene assets in southwestern New Brunswick. The video is available on Investmentpitch.com’s Canadian Business Journal.
Source link InvestmentPitch Media Video describes Great Atlantic’s diamond drilling program on copper, cobalt, nickel, zinc and gold mascarene assets in southwestern New Brunswick. The video is available on Investmentpitch.com’s Canadian Business Journal.