VANCOUVER, British Columbia, Sept. 09, 2022 (GLOBE NEWSWIRE) – Great Atlantic Resources (TSXV:GR) (FSE:PH02) has commenced its 2022 exploration program at its 100% owned Golden Trust project located 1.5 kilometers away in central Newfoundland is located north of Marathon Gold’s Valentine Gold Project and approximately 44 kilometers southwest of the Company’s Golden Promise Property.

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The Golden Trust property is located within the prospective Victoria Lake Supergroup, which hosts numerous epigenetic gold and volcanogenic massive sulphide occurrences, including the Duck Pond base/precious metal deposit. Although Golden Trust is located within the Exploits Sub-Zone of the Dunnage Zone and east of the major Appalachian-scale collision boundary and suture zone, management cautions that mineralization at the Valentine Gold Project, Duck Pond Deposit, Great Atlantic’s Golden Promise Property and elsewhere within the prospect the subzone is not necessarily indicative of mineralization within the Golden Trust property.

The 2,400 hectare Golden Trust property, which occurs in an underexplored area of ​​the Newfoundland Central Gold Belt, is one of the Company’s eight properties covering a total of 25,700 hectares within the Newfoundland Central Gold Belt.

It is located 1.5 kilometers north of Marathon Gold’s Valentine Gold Project and approximately 44 kilometers southwest of the Company’s Golden Promise Property. In the last quarter of 2018, Great Atlantic announced a NI 43-101 compliant inferred resource estimate of…