Great Atlantic Confirms Anomalous Gold in Rock and Soil Samples 1.5 Kilometers Long Target Trend - Seite 2

Prospecting was conducted during 2023 in the west-central region of the property within a northeast - southwest trend extending from the area of the 2021-2022 soil geochemical sampling to the area of the 2023 soil geochemical sampling. Twelve rock samples were collected from outcrop and glacially transported float.

A 2023 bedrock grab sample collected west of the 2021-2022 soil samples and northeast of the 2023 soil samples returned a highly anomalous value of 1.41 G/T gold. Two grab samples collected during 2022 from this outcrop also yielded highly anomalous gold values of 0.98 G/T gold and 0.34 G/T gold. Three glacial float samples collected during 2022 approximately 250 meters east of this outcrop yielded highly anomalous values of 1.83 G/T gold, 0.63 G/T gold and 0.48 G/T gold (see Company news release of December 1, 2022).

Foto: Accesswire

The area of anomalous 2022 and 2023 rock samples is located in the reported area of the Alcida East gold mineral occurrence (New Brunswick Department of Natural Resources and Energy Development, Mineral Occurrence Database, Reference No. 907).

The combined anomalous 2021 - 2023 soil samples and 2022-2023 rock samples define a target area approximately 1.5 kilometers long in a northeast-southwest trend adjacent to the Melanson Brook Fault in the west-central region of the property. Company management have found no reports of diamond drilling within this target area.

Prospecting and rock geochemical sampling was also conducted during 2023 in the northwest region of the Keymet Property in an area of little previous work by the Company. Thirteen rock samples were collected in this region from outcrop and glacial float. A sample from an angular sheared metasiltstone glacial float boulder with quartz veins yieled a highy anomalous value of 0.43 G/T gold.

Foto: Accesswire

The 2023 soil and rock samples as well as the 2021-2022 soil and rock samples referred to in this news release were submitted to ALS Canada Ltd. for gold analysis (by fire assay - AA) and for multi-element analysis (four acid disgestion and ICP-AES analysis). ALS Canada Ltd. is independent of Greaat Atlantic. The 2021 - 2023 programs were supervised by a Qualified Person.

The historic Keymet Mine, located in the northwest region of the Keymet Property, operated during the mid-1950s, producing lead, zinc, copper and silver. Production at this mine was terminated in 1956 due to a fire at the site. The Company has located gold bearing float and gold bearing bedrock and polymetallic veins containing high grade zinc, copper and silver this region of the property (see the Company's news releases for results of this work).