Great Atlantic commences exploration at McDougall Road, New Brunswick

7
Great Atlantic commences exploration at McDougall Road, New Brunswick

Great Atlantic Resources Corp. [GR-TSXV; PH0-FSE] has begun the 2022 exploration program at its 100%-owned McDougall Road antimony-gold project, located in western New Brunswick. Prospecting and rock geochemical sampling are currently underway in multiple regions of the property. Great Atlantic previously identified antimony and gold soil geochemical anomalies within the project in the area of a regional fault.

The current prospecting and rock sampling program is more focused within the southern region of the McDougall Road Project in the reported area of the Woodstock fault (a regional structure in western New Brunswick). The company has located and sampled numerous quartz vein float boulders in this area during the current program. Rock samples from the 2022 program will be submitted to an independent, certified laboratory for gold assay and multi-element analysis.

The Golden Ridge gold deposit occurs approximately 13 km southwest of the McDougall Road Project in the area of the Woodstock Fault.

An antimony-bearing vein was reported during the 1990s within the central region of the McDougall Road Project, reported to be 12 centimeters wide of which a sample was reported to return 11.6% antimony (after Hoy, 1998; Report of Work No. 475212 on file with the New Brunswick Department of Natural Resources and Energy Development). The company has not located the reported vein.

Great Atlantic identified local antimony and gold soil geochemical anomalies in the central region of the McDougall Road Project during a 2015 geochemical survey with samples returning up to 62 parts per million (ppm) antimony and up to 0.033 ppm gold.

The property, totalling approximately 330 hectares, occurs within an under-explored area of western New Brunswick. There are no reports of diamond drilling within the project area as per compilation by Great Atlantic management of historic exploration data for the project.