Northwire Canada EditionSunday, November 1, 2026
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Neutral

Great Atlantic Begins Targeted Phase II Trenching Program at 100% Owned Golden Promise Property

Great Atlantic advances phase ii trenching at the golden promise deposit as exploration continues across its atlantic canada portfolio.

By The Northwire Desk — AI Analysis Jun 22, 2026 · 09:01 GR · 0.075 Great Atlantic Resources Corp.
Executive Summary
  • Great Atlantic Resources Corp. (TSXV: GR) has commenced its 2026 Phase II trenching program at its 100% owned Golden Promise Property in central Newfoundland.
  • The program targets a priority gold-bearing zone in the east-central region, planning up to five trenches with maximum lengths of 150 meters each.
  • Trench locations are strategically guided by historical geochemical anomalies (2002-2005 Rubicon Mineral Corp. samples reporting up to 0.431 g/t Au), 2003 airborne geophysical surveys, and geological contacts between the Stanley Waters and Lawrence Harbour formations.
  • This follows the completion of Phase I trenching on June 12, 2026, which excavated three trenches (60-105m) to test multielement soil geochemical anomalies. Rock samples from Phase I are currently pending analysis.
  • The Qualified Person, David Martin, P.Geo., has reviewed and approved the technical information per NI 43-101.
Material Impact
  • The news represents a standard, expected progression in the company's 2026 exploration program at its flagship Golden Promise property.
  • It is a routine operational update that confirms the company is advancing its work plan as previously announced.
  • There are no new assay results, financial disclosures, or changes to the inferred resource estimate provided in this release.
  • The impact on the stock price is expected to be neutral, as it reflects planned exploration activities without immediate financial or material discovery catalysts.
GR · Price
Company Overview
  • Great Atlantic Resources operates a project generation model, focusing on exploring and advancing a 100% owned portfolio of approximately 30,000 hectares across Newfoundland and New Brunswick.
  • Flagship Project: Golden Promise Gold Property (16,525 ha, central Newfoundland). Hosts an NI 43-101 inferred resource of 357,500 tonnes at 10.4 g/t Au (approx. 119,900 oz uncapped) at the Jaclyn Main Zone. The company is advancing bulk sampling and trenching programs to test high-grade narrow vein mineralization.
  • Other Key Assets: Keymet Precious Metal-Base Metal Project (historic Ag/Zn/Cu mine), Glenelg Gold-Antimony-Vanadium Property, Pilley's Island VMS Project (optioned to HM Exploration), Mount Raymond Co/Cu/Ni/V Property (optioned to Slam Exploration), and Nashwaak Lake Tungsten Property.
Read the original news release →

More from Great Atlantic Resources Corp.

Oct 14, 2026 · 09:01

Great Atlantic undertakes routine tungsten trenching at South Quarry to advance its critical metal portfolio.

Drill Results Sep 29, 2026 · 16:38

Great Atlantic raises $250,000 to fund exploration activities in Atlantic Canada while its stock consolidates near multi-month lows.

Financings Sep 24, 2026 · 09:01

Great Atlantic’s incremental trenching results at the Golden Promise deposit fail to offset the company’s severe cash crunch.

Drill Results Sep 10, 2026 · 09:01

Great Atlantic’s new gold-copper intercepts validate bedrock targets at its Golden Promise project in Newfoundland.

Drill Results Sep 03, 2026 · 09:01

Great Atlantic sponsors conference to highlight its active exploration season focused on tungsten targets in the Northwest Territories.

Drill Results Sep 01, 2026 · 09:01

Great Atlantic restructures to isolate tungsten assets, raising no capital and offering no immediate catalyst for investors.

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