Great Atlantic Resources (TSE:GR) has released an update.
Ramping up Exploration Efforts
Great Atlantic Resources is increasing its exploration activities at the Golden Promise Gold Property in Newfoundland by applying for permits to drill nine holes at the Jaclyn Main Zone. The company is allocating about $4 million towards a fully funded bulk sample project with the goal of accessing the gold-bearing quartz veins in the zone and expanding its resource portfolio. CEO Anderson is confident in the project’s potential for success, citing a strong consortium and the use of innovative drilling methods.
Seeking Expansion and Growth
Great Atlantic Resources’ focus on expanding exploration efforts and investing in advanced technologies demonstrates a commitment to driving growth and maximizing the potential of the Golden Promise Gold Property. By seeking permits for additional drill holes and allocating significant funds towards exploration, the company is positioning itself for further resource development and future success in the mining industry.
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