Great Atlantic mobilizes drill to Golden Promise

Executive Summary

• Great Atlantic Resources’ subsidiary, Golden Promise Mines Inc., has completed site set‑up and is ready to commence a world‑first precision mining bulk‑sampling program at the Jaclyn Main zone (JMZ) of its 100 % owned Golden Promise gold property in central Newfoundland.
• The program will extract up to 1,000 m³ (≈2,700 t) of material and is partially co‑financed by Digital, Canada’s global innovation cluster for digital technologies.
• Recent diamond drilling (8 holes Sep–Oct 2024; 3 additional holes Dec 2024 & Apr 2025) returned high‑grade intercepts, the highest being 120.89 g/t Au over 0.44 m (hole GP‑24‑161).

Key Details

• Program Scope: Bulk sample of up to 1,000 m³ (≈2,700 t) from the JMZ, targeting high‑grade narrow vein gold mineralization.
• Technology Partner: Novamera Inc., providing a proprietary guidance tool that captures data within a 3–4 m radius of the borehole to generate a high‑resolution 3‑D model for “Surgical Mining” trajectories.
• Co‑Financing: Partial funding from Digital, Canada’s global innovation cluster for digital technologies, supporting data‑driven mining solutions.
• Drilling History (Sept–Oct 2024): Eight diamond holes to ~100 m depth; key intercepts:
• GP‑24‑157 – 34.88 g/t Au over 0.53 m (34.47‑35.00 m)
• GP‑24‑160 – 19.12 g/t Au over 0.57 m (78.95‑79.52 m)
• GP‑24‑161 – 120.89 g/t Au over 0.44 m (82.56‑83.00 m) (highest grade)
• GP‑24‑162 – 60.21 g/t Au over 0.44 m (109.25‑109.69 m)
• GP‑24‑163 – 28.02 g/t Au over 0.80 m (37.00‑37.80 m)
• GP‑24‑164 – 42.71 g/t Au over 0.82 m (54.53‑55.35 m) & 39.18 g/t Au over 0.52 m (64.13‑64.65 m)
• Additional Drilling (Dec 2024 & Apr 2025): Three close‑spaced holes using Novamera’s guidance tool to refine vein geometry and continuity ahead of bulk sampling.
• Historical Resource Estimate: NI 43‑101 inferred resource for JMZ – 357,500 t at 10.4 g/t Au (≈119,900 oz Au, uncapped) reported Dec 2018.
• Qualified Person: David Martin, PGeo, VP Exploration, approved technical information per NI 43‑101.

Notable Quotes

“Testing of the world’s first‑of‑its‑kind precision mining initiative… is about to begin. The minimal environmental footprint and non‑invasive approach … are expected to significantly reduce all‑in sustaining costs (AISC).” – Christopher Anderson, CEO