- Great Atlantic Resources (GR) has announced its 2021 exploration program at its Keymet Base Metal/Precious Metal Property
- The 100% owned, 3,400-hectare property, located approximately 20 kilometres northwest of Bathurst New Brunswick has excellent access with paved roads, including a provincial highway, transecting the property
- The company has reported high-grade gold, silver, copper and zinc in the northwest region of the property
- Planned work in the northwest region of the property includes prospecting, rock/soil geochemical sampling, geophysical surveys, trenching and diamond drilling
- Great Atlantic Resources Corp is focused on the acquisition, exploration, and evaluation of its mineral property interests in Atlantic Canada
- Great Atlantic Resources (GR) is down 1 per cent, trading at C$0.495 per share at 4 pm ET
Great Atlantic Resources (GR) has announced its 2021 exploration program at its Keymet Base Metal/Precious Metal Property.
The 100% owned, 3,400-hectare property, located approximately 20 kilometres northwest of Bathurst, in northeastern New Brunswick, has excellent access with paved roads, including a provincial highway, transecting the property.
Great Atlantic’s focus since acquiring the property in 2011 has been the northwest region of the property where the company reported high-grade gold, silver, copper and zinc, including a drill intercept of 9.04% zinc, 9.19% copper and 1,158 grams per tonne silver over a 3.00-meter core length.
The Keymet Property hosts the historic Keymet Mine, located in the northwest region of the property. The Keymet Mine operated during the mid-1950s, producing copper, lead, zinc and silver before production was terminated in 1956 due to a fire at the site.
Reported production at the Keymet Mine during 1954-1956 was 59,000 tonnes averaging 2.59% zinc, 2.44% lead, 0.25% copper and 33.94 g/t silver.
Planned work in the northwest region of the property includes prospecting, rock/soil geochemical sampling, geophysical surveys, trenching and diamond drilling.
Great Atlantic is also planning exploration during 2021 in the southwest to central regions of the Keymet Property including prospecting and rock/soil geochemical sampling and geophysical surveys.
Three gold deposits with reported mineral resources are located within adjacent mineral claims, approximately 2 kilometres southwest of the Keymet Property boundary.
Great Atlantic Resources Corp is focused on the acquisition, exploration, and evaluation of its mineral property interests in Atlantic Canada.
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Great Atlantic Resources (GR) is down 1 per cent, trading at C$0.495 per share at 4 pm ET.