Great Atlantic Discovers New Gold - Copper Zone at 100% Owned Golden Promise Property
New 2024–2025 rock sample assays support a narrow but high-grade gold-copper zone at Great Atlantic’s Golden Promise project in Newfoundland.
Rhea-AI Summary
Great Atlantic Resources (GRARF) reported new assay results confirming a gold-copper bedrock zone at its 100%-owned Golden Promise Property in central Newfoundland.
The zone, first exposed by 2024 trenching, is up to 0.4 metres wide, trends northeast-southwest and is subvertical. A 2024 grab sample returned 0.481 g/t gold, more than 10,000 ppm copper (>1% Cu) and more than 6 ppm silver. Three 2025 bedrock grab samples over about 4 metres returned up to 1.008 g/t gold and up to more than 10,000 ppm copper, with anomalous silver. One subcrop sample returned 0.370 g/t gold. The company plans geophysical surveys, additional trenching and resubmission of two samples for copper and silver assay.
Positive
- 2024 grab sample returned 0.481 g/t Au, >10,000 ppm Cu (>1% Cu) and >6 ppm Ag
- 2025 bedrock samples over ~4 m returned up to 1.008 g/t Au and up to >10,000 ppm Cu
- Golden Promise is 100% owned and described as the largest and most advanced of seven central Newfoundland gold properties
Negative
- Gold-copper zone is described as up to 0.4 metres wide and has not yet been traced along strike
AI-generated analysis. How Rhea-AI works. Not financial advice.
Central Newfoundland
Vancouver, British Columbia--(Newsfile Corp. - September 10, 2026) - GREAT ATLANTIC RESOURCES CORP. (TSXV: GR) (the "Company" or "Great Atlantic") is pleased to announce its wholly-owned subsidiary, Golden Promise Mines Inc. ("Golden Promise Mines"), has received analyses for some rock samples collected during 2025 at the Company's
Recently discovered Gold - Copper Zone at Golden Promise (Southwest Region)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3027/313722_d0de676dc4a85b83_002full.jpg
Excavator trenching by Golden Promise Mines during 2024 exposed a narrow sulfide being zone (including pyrite and chalcopyrite) with quartz veining and exhibiting silicification and shearing. The zone was exposed in the northern part of the eastern - most trench. The initial 2024 rock grab sample (sample no. 309469) from this zone returned 481 parts per billion (ppb) gold (0.481 grams / tonne (g/t) Au) while returning greater than 10,000 parts per million (ppm) for copper (>
Three additional bedrock grab samples were collected from the gold and copper bearing zone during 2025. These samples were collected along an approximately 4 meters long section of the zone. The samples confirmed copper and gold mineralization with +/- anomalous silver. The three 2025 bedrock grab samples returned:
36105-25-16: 1,008 ppb gold (1.008 g/t Au) and 155 ppm copper
36105-25-47: 807 ppb gold (0.807 g/t Au), >10,000 ppm copper (>
1% Cu) & >6 ppm silver36105-25-48: 443 ppb gold (0.443 g/t Au) and 680 ppm copper
A 2025 sample (36105-25-49) from a piece of subcrop on top of the same bedrock exposure returned an anomalous gold value of 370 ppb (0.370 g/t gold).
Figure 1: Golden Promise Property with Gold Occurrences
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3027/313722_d0de676dc4a85b83_003full.jpg
The gold and copper bearing zone discussed in this news release has not been traced along its projected strike. Management of Golden Promise Mines are planning work within the area of this mineralized zone including geophysical surveys and additional trenching.
The Golden Promise Property hosts gold bearing quartz veins in various regions of the property, including the Jaclyn Zone quartz vein systems, Shawn's Shot quartz vein, Otter Brook occurrence, Linda / Snow White quartz vein system and the Gabbro Zone occurrence. The property is located within the Exploits Subzone of the Newfoundland Dunnage Zone. It is located approximately 50 kilometers northeast of the Valentine Gold Mine of Equinox Gold Corp. (TSX: EQX, NYSE: EQX) which is also located within the Exploits Subzone. The Golden Promise Property is the largest and most advanced of seven central Newfoundland gold properties owned by Golden Promise Mines. One of these properties (Golden Trust) is located within one kilometer of the Valentine Gold Mine of Equinox Gold Corp. Readers are warned that mineralization at the Valentine Gold Mine is not necessarily indicative of mineralization at the Golden Promise Property or any of the other central Newfoundland gold properties of Golden Promise Mines.
Golden Promise & Golden Trust Properties within the Central Newfoundland Gold Belt
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3027/313722_d0de676dc4a85b83_004full.jpg
The 2024 and 2025 rock samples discussed in this news release were analyzed by Eastern Analytical Ltd., a certified laboratory independent of Golden Promise Mines and Great Atlantic. Sample 309469 was analyzed for gold by the Total Pulp Metallics method. This involved crushing the sample to -10 mesh and pulverizing to
Readers are warned that pre-2017 historic results stated in Figure 1 have not been verified by Great Atlantic or Golden Promise Mines.
David Martin, P.Geo., (New Brunswick and Newfoundland and Labrador), a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, reviewed and approved the technical information contained in this News Release.
On Behalf of the board of directors
"Christopher R. Anderson"
Mr. Christopher R. Anderson
President CEO Director
604-488-3900
Investor Relations:
1-416-628-1560
IR@GreatAtlanticResources.com
___
Never miss an update!
Follow Great Atlantic Resources Corp. on social media for project updates, photos, and much more.
LINKEDIN: https://ca.linkedin.com/company/greatatlanticresources
X: https://x.com/GreatAtlRes
FACEBOOK: https://www.facebook.com/GreatAtlanticResources
INSTAGRAM: https://www.instagram.com/greatatlanticresources/
YOUTUBE: https://www.youtube.com/@GreatAtlanticTV/
TIKTOK: https://www.tiktok.com/@greatatlanticresources
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3027/313722_d0de676dc4a85b83_005full.jpg
About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Gold, Copper, Zinc, Nickel, Cobalt, Antimony and Tungsten.
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3027/313722_d0de676dc4a85b83_006full.jpg
This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Great Atlantic Resource Corp.
888 Dunsmuir Street - Suite 888, Vancouver, B.C., V6C 3K4
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313722
FAQ
Where is the newly confirmed gold-copper zone located within Great Atlantic’s portfolio?
The mineralized zone is in the southwest region of the 100%-owned Golden Promise Property in central Newfoundland. Golden Promise lies within the Exploits Subzone of the Newfoundland Dunnage Zone and is approximately 50 kilometres northeast of Equinox Gold’s Valentine Gold Mine.
What follow-up work is planned on the Golden Promise gold-copper zone?
Management of Golden Promise Mines plans additional work in the area of the mineralized zone, including geophysical surveys and further trenching. The company also plans to re-submit samples 309469 and 36105-25-47 for copper and silver assay.
How were the 2024 and 2025 rock samples analyzed?
All 2024 and 2025 samples were analyzed by Eastern Analytical Ltd., an independent certified laboratory. Sample 309469 was processed by the Total Pulp Metallics method with separate fire assays of the +150 mesh and -150 mesh fractions, and a weighted average of 481 ppb Au was reported. The four 2025 rock samples were analyzed for gold by fire assay–AA on 30-gram subsamples and for 34 elements, including silver and copper, by ICP-OES with upper limits of 10,000 ppm copper and 6 ppm silver.