Northwire Canada EditionSunday, August 2, 2026
Northwire
S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0% S 0.140 +0.0% BNKR 4.40 −2.2% QRO 0.045 +0.0% VCT 0.075 +36.4% PPP 1.15 +0.9% LMG 0.390 +0.0% GRDM 0.140 +0.0% ABRA 13.58 −4.1% WHY 0.295 +1.7% HHH 3.94 −0.2% COS 0.060 +0.0% NOB 0.065 −23.5% MEK 0.055 +0.0% TGOL 0.105 −4.5% FCI 0.400 −7.0% SGQ 0.350 +0.0%
Drill Results

Great Atlantic Reports Bulk Sample Operational Progress and Additional Overview of Other Exploration Activities - Atlantic Canada

GR · Price

Executive Summary

  • Great Atlantic Resources reports that bulk sampling and exploration activities are underway at its 100% owned Golden Promise Property in Newfoundland, with the first production hole now drilled into bedrock.
  • The program is being executed with partner Novamera Inc., which has completed over‑burden casing, commissioned its Surgical Mining™ technology, and expects extraction to begin by week’s end.
  • The company also provided status updates on multiple other exploration‑stage assets across Newfoundland and New Brunswick, including trenching, prospecting, geochemical sampling, and magnetometer surveys, with analytical results pending.

Key Details

  • Golden Promise – Jaclyn Main Zone:
  • First production hole drilled; casing set through overburden, drilling now in bedrock.
  • Novamera’s proprietary Surgical Mining™ technology commissioned and operational.
  • Extraction from the first hole anticipated by end of the week.

  • Exploration Activities Across Portfolio:

  • Golden Promise: ongoing trenching (southwest region), prospecting, rock‑soil geochemical sampling; additional trenching planned pending permits near the “Linda – Snow White” gold‑bearing quartz vein system.
  • South Quarry Tungsten Property: ~50 rock samples collected for gold, tungsten, beryllium and pathfinder elements analysis; continued focus on tungsten mineralization and evaluation of emerald potential.
  • McDougall Road Antimony‑Gold, Keymet Precious Metal‑Base Metal, Kagoot Brook Cobalt, Glenelg Gold‑Antimony‑Vanadium, Mascarene Precious Metal‑Base Metal, Southwest New Brunswick Tin‑Tungsten: prospecting and rock geochemical sampling completed in 2025; analytical results pending.
  • Magnetometer geophysical survey completed at Glenelg Property; tungsten mineralization confirmed in historic trench at Flume Ridge (Southwest NB Tin‑Tungsten Project).

  • Management Commentary:

  • Christopher R. Anderson, President & CEO, noted that initial technical delays have been resolved and operations are back on schedule, emphasizing the partnership with Novamera and the strategic importance of the Golden Promise bulk sample program.

  • Qualified Person Statement:

  • David Martin, P.Geo., VP Exploration (qualified under NI 43‑101), approved all technical information in the release.

Notable Quotes

“While the team did experience an initial delay due to unforeseen technical challenges, I’m pleased to say that those issues seem to have been fully resolved and operations are now back on track.” – Christopher R. Anderson, President & CEO


Materiality Assessment: Non‑Material – Neutral (operational progress update without disclosed financial results or material resource estimates).

Read the original news release →

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