Great Atlantic begins bulk sampling at Golden Promise

Executive Summary

• Great Atlantic Resources’ wholly‑owned subsidiary, Golden Promise Mines Inc., has commenced a bulk‑sample program at the Golden Promise property in central Newfoundland.
• The program will extract up to 1,000 m³ (≈2,700 t) of material using Novamera’s Surgical Mining equipment, with commissioning and control‑system testing now complete.
• Funding for the bulk sample is partially provided by a co‑investment from Digital, Canada’s global innovation cluster for digital technologies, underscoring a partnership to advance data‑driven mining solutions.

Key Details

• Program Scope: Bulk sampling of up to 1,000 m³ (≈2,700 t) at the JMZ target area on the Golden Promise property.
• Equipment & Commissioning: Novamera has installed Surgical Mining equipment; control‑system testing/commissioning—including sensors, gyro and electronics for course correction—has been completed and is now operational.
• Drilling Status: Equipment has been onsite for several weeks; operational testing performed nearby; drill head fine‑tuning in progress; drilling to commence imminently, marking the start of bulk sampling.
• Funding Partner: Co‑investment from Digital, Canada’s global innovation cluster for digital technologies, supporting the bulk‑sample work as part of a broader initiative to integrate digital solutions into mining operations.
• Historical Resource Context: The JMZ area previously reported (NI 43‑101, Dec 2018) an inferred resource of 357,500 t at 10.4 g/t Au (≈119,900 oz Au, uncapped).
• Qualified Person Approval: David Martin, P.Geo., Vice‑President of Exploration for Great Atlantic and a qualified person under NI 43‑101, has approved the technical information in this release.

Notable Quotes

“All of the equipment has now been on site for the past few weeks… Drilling will soon commence, marking the start of the bulk sample,” – Christopher Anderson, Chief Executive Officer.