Great Atlantic Resources Begins a Phase II Trenching Program at Its Golden Promise Property
Great Atlantic Resources (GR.V) on Monday said it launched a Phase II trenching program at the Golden Promise property in central Newfoundland.The program is being conducted within the east-central region of the property, where gold geochemical anomalies have been reported, Great Atlantic said Monday.The company is planning up to five trenches with maximum trench lengths of 150 meters."The program is focused on a priority gold bearing target zone as we refine and build upon information generated during previous phases of work," chief executive Christopher Anderson said in a release.The Golden Promise property is the company's largest and most advanced of its seven central Newfoundland gold properties.The company's shares were last seen unchanged at C$0.075 on the TSX Venture Exchange.