Great Atlantic Resources, through its subsidiary Golden Promise Mines, is set to initiate a diamond drilling programme at the Golden Promise Gold Property in central Newfoundland, Canada.
Scheduled to start in the second week of September 2024, the drilling is a preparatory step for the extraction of a bulk sample of around 2,700 tonnes at the property’s gold-bearing Jaclyn Main Zone (JMZ).
The drilling will target the west region of the gold-bearing JMZ, focusing on gold-bearing veins up to approximately 100m in depth.
Previous drilling programmes in 2019 and 2021 confirmed high-grade gold within this area, with notable intercepts including 113.07 grams per tonne (g/t) of gold over 0.55m and 61.35g/t of gold over 2.04m.
The bulk sample extraction will utilise Novamera’s Surgical Mining technologies, which incorporate hardware, software, AI and machine learning (ML), alongside conventional drilling equipment.
Funding for the 2024 diamond drilling and subsequent bulk sample work is partially provided by DIGITAL, Canada’s Global Innovation Cluster for digital technologies.
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By GlobalData
The investment forms part of a broader initiative to advance data-driven and digital solutions in the mining industry.
The Golden Promise Gold Property is situated within the exploits subzone of the Newfoundland Dunnage Zone.
Last month, Great Atlantic Resources commenced the 2024 exploration programme at its East Golden Promise gold property.
The exploration focuses on prospecting and geochemical sampling in the property’s eastern region, where earlier soil samples unveiled significant gold anomalies.
It is designed to build on the findings from 2022, when soil geochemical sampling spotted gold soil anomalies.
