Categories: Coin Shop Blog

Great Atlantic Reports 3.28 g/t Gold Over 2.1 Meters at Keymet

Great Atlantic Resources Corp. (TSXV:GR) announced assay results from a November 2015 diamond drill program completed at its New Brunswick-based Keymet base and precious metals project.

As quoted in the press release:

The drilling program consisted of four holes totalling 419 metres. Base metal and silver bearing veins were intersected in all four holes, successfully confirming two base metal – silver vein occurrences. Intercepts included 16.68% Zn, 1.11% Cu and 152.0 g/t Ag over 1.80 metre core length in hole Ky-15-3 and 8.68% Zn, 0.29% Cu and 44.8 g/t Ag over 4.3 metre core length in hole Ky-15-4. A gold bearing zone was also intersected in Ky-15-3, assaying 3.28 g/t Au over 2.1 metre core length. The Keymet project is located approximately 20 kilometres northwest of Bathurst and covers an area of approximately 3560 hectares.

David Martin, vice president, exploration at Great Atlantic, commented:

[T]he two holes at the Elmtree 12 occurrence were successful in establishing the location of the main zone of veining and confirming high levels of zinc mineralization while also confirming local significant levels of copper and silver in this vein system. Future drilling programs will be designed to test the zone along strike and deeper. We know these vein systems can extend to significant depths based on historic development at the Keymet Mine and nearby Nigadoo Mine where development at each exceeded 300 metre depth.

Click here to read the full Great Atlantic Resources Corp. (TSXV:GR) press release.

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