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InvestmentPitch Media Video clip Discusses Wonderful Atlantic’s Start off of 2022 Exploration Application at its 100% Owned Keymet Treasured Metallic-Base Steel Property in New Brunswick, The Canadian Business Journal

InvestmentPitch Media Video clip Discusses Wonderful Atlantic’s Start off of 2022 Exploration Application at its 100% Owned Keymet Treasured Metallic-Base Steel Property in New Brunswick, The Canadian Business Journal

InvestmentPitch Media Video Discusses Great Atlantic’s Start of 2022 Exploration Program at its 100% Owned Keymet Precious Metal-Base Metal Property in New Brunswick

VANCOUVER, British Columbia, July 08, 2022 (World NEWSWIRE) — Fantastic Atlantic Sources (TSXV:GR) (FSE:PH02) has started its 2022 exploration system at its Keymet Precious Steel-Base Metallic House in northeast New Brunswick. The 100% owned, 3,400-hectare house, found around 20 kilometres northwest of Bathurst, in northeastern New Brunswick, Canada, has fantastic obtain with paved roads, together with a provincial highway, transecting the house.

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For a lot more info, make sure you check out the InvestmentPitch Media online video which supplies more information about this news and the business. The movie is available for viewing on “InvestmentPitch” and on “YouTube”. If these back links are not enabled, make sure you stop by www.InvestmentPitch.com and enter “Great Atlantic” in the look for box.

The Keymet Assets is host to the historic Keymet Mine, located within the northwest location of the house, which operated in the course of the mid-1950s, developing guide, zinc, copper and silver, in accordance to New Brunswick Governing administration databases information. Output at this mine was terminated in 1956 owing to a fireplace at the internet site.

A lot of the past perform by Wonderful Atlantic has been concentrated on the space northwest of the historic Keymet Mine. The 2021 soil geochemical sampling in the central location of the Keymet House was carried out alongside four northwest-southeast traverses within an place of roughly 850 meters extended by roughly 500 meters broad with a total of 91 samples gathered.

Highlights involve:

  • Sixty of the 91, or 66% of soil samples returned anomalous gold values of .005 ppm and larger.
  • Just one or additional samples from every single of the 4 traverses exceeded .010 ppm gold with 12 samples returning .011 – .067 ppm gold.
  • Five of seven 7 consecutive samples alongside an about 150-meter area of one particular traverse returned gold values of .014 – .067 ppm gold.
  • This anomalous zone is open up in all directions.

The 10-hole, 2,061 metre drilling program in 2021 analyzed several goal areas of polymetallic veins, untested electromagnetic geophysical anomalies, and spots of gold mineralization in the northwest region of the home. A new gold discovery, the Debler Zone, in drill hole Ky-21-25, incorporated 3.17 g/t gold around .70 metres, and polymetallic veins in gap Ky-21-27 at the Elmtree 12 Zone, together with 7.02% zinc equivalent around .92 metres.

The existing application is staying performed within just the central region of the Keymet Assets inside and surrounding the zone of gold soil geochemical anomalies to even further determine gold anomalies and establish the extent of the gold anomalies. Prospecting and rock geochemical sampling are also becoming executed to detect likely sources of the gold soil anomalies and further define trench and drill targets. This location of the residence is rather underexplored and management feel this location has possible to host gold deposits provided its location alongside the claimed northeast-southwest get hold of concerning Ordovician – Early Silurian Fournier Team rocks and Silurian Chaleurs Team rocks.

Gold deposits happen close to 4.5 to 5 kilometers southwest of this survey spot and west of the Keymet Property near to this geological get hold of. Three gold deposits, with documented mineral means, are described inside of 2 kilometers of Keymet’s southwest boundary, referred to as the West Gabbro Zone, Discovery Zone and South Gold Zone.

In 2011, Micon Worldwide Minimal reported 43-101 compliant mineral methods for these a few deposits in the Complex Report on the Mineral Resource Estimate for the Elmtree Gold Property for CNRP Mining and Gorilla Resources.

The reported resources include:

  • West Gabbro Zone with Indicated Methods of 1,611,000 tonnes @ 1.91 g/t gold, and Inferred Means of 2,053,000 tonnes @ 1.67 g/t gold
  • South Gold Zone with Inferred Sources of 2,367,000 tonnes @ .74 g/t gold, and the
  • Discovery Zone with Inferred Sources of 741,000 tonnes @ 1.18 g/t gold

Management cautions that mineralization documented by Micon for these a few deposits is not automatically indicative of mineralization on the Keymet Home.

Wonderful Atlantic, with a range of qualities in the Atlantic provinces, is using a Undertaking Technology product, with a distinctive emphasis on essential components which are popular in Atlantic Canada, these as Antimony, Tungsten and Gold.

The shares are trading at $.10. For extra data, please pay a visit to the company’s web page www.GreatAtlanticResources.com, get in touch with Christopher R. Anderson, President & CEO, at 604-488-3900.

Disclaimer

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