Great Atlantic Diamond Drilling Extends Jacklyn Zone 260 Meters with up to 3 88 g/t Gold in Drill Core and Above 300-Meter-Long Boulder Train up to 157 g/t Gold - Golden Promise Property theusnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theusnews.com Daily Mail and Mail on Sunday newspapers.
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VANCOUVER, BC / ACCESSWIRE / April 1, 2021 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the Company or Great Atlantic ) is pleased to announce it has received gold assays for prospecting rock samples and drill core samples from its Golden Promise Property, located within the central Newfoundland gold belt.
All three drill holes from the 2020 program intersected gold bearing veins, extending the Jaclyn North Zone (JNZ) quartz vein system approximately 260 meters east of historic drilling.
Rock samples were collected during late 2020 from quartz float boulders east of the JNZ. This quartz boulder field is at least 300 meters long and 25-75 meters wide. Three quartz float samples from this boulder field returned 157.5, 26.7 and 17.4 grams / tonne (g/t) gold while seven float samples returned 1.49 to 6.72 g/t gold. The JNZ is part of the Jaclyn Zone, located in the north region of the property.
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Exploits Discovery Corp. (OTCQB: NFLDF) (CSE:NFLD) (FSE:634-FF) is pleased to announce that it has entered into an agreement to acquire 100% interest in the Hicks – Dog Bay properties (the “properties”) to consolidate the Dog Bay Gold Project (the “project”) for 550,000 Exploits shares. The claims are subject to a 2.0% Net Smelter Royalty to one of the underlying vendors of which 1.0% may be bought out for $1 million at any time. This land acquisition contains several significant historic gold showings and will increase the land package by 4.5 km2.
Acquisition Highlights
– Exploits has consolidated the last adjacent mineral claims at the Quinlan Vein where high grade gold can be seen at surface up to 61.3 g/t Au.
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