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Great Atlantic Resources ( (TSE:GR) ) just unveiled an announcement.
Great Atlantic Resources Corp. has reported high-grade gold findings from its eighth drill hole at the Jaclyn Main Zone of its Golden Promise Gold Property. The drilling revealed two significant gold veins, with one yielding 42.70 g/t gold over 0.82 meters and the other producing 39.18 g/t gold over 0.52 meters. This development is part of a fully funded drilling program, consisting of eight cross-cutting drill holes completed in late 2024, targeting potential areas for a 2025 bulk sample extraction in collaboration with Novamera Inc. The results could enhance the company’s operational capacity and market positioning within the gold mining industry.
More about Great Atlantic Resources
Great Atlantic Resources Corp. is involved in the exploration and development of mineral properties, primarily focusing on gold mining projects. The company operates through its subsidiary, Golden Promise Mines Inc., and is engaged in activities in central Newfoundland, where it owns the Golden Promise Gold Property.
YTD Price Performance: -18.18%
Average Trading Volume: 35,629
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$2.38M
See more insights into GR stock on TipRanks’ Stock Analysis page.
