# Great Atlantic Completes First Phase of 2026 Trenching Program at 100% Owned Golden Promise Property Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/great-atlantic-completes-first-phase-of-2026-trenching-program-at-100-owned-gold--2e371cc4-d162-4f3c-bb54-62efb890fb7b Original source: https://money.tmx.com/en/quote/GR/news/8413607070100441/great-atlantic-completes-first-phase-of-2026-trenching-program-at-100-owned-gold Publisher: tmx Original announcement: 2026-06-12T13:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Great Atlantic Resources Corp. - Ticker: GR - Exchange: TSX - Region: Central Newfoundland - Primary commodity: Gold - Secondary commodities: Silver, Copper, Molybdenum, Antimony, Zinc, Arsenic, Vanadium - Document categories: Drill results, Other - Extracted: 2026-09-16 02:40:56 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Great Atlantic Resources Corp. has completed the first phase of its 2026 trenching program at the 100% owned Golden Promise Property in central Newfoundland. Twenty-nine rock samples have been submitted to Eastern Analytical Ltd. for gold and multi-element analysis, with results currently pending. Reasoning: The company has completed a trenching program and collected 29 rock samples, but actual assay results for the new samples are not yet available. The release relies on historical soil anomaly data to provide context. - Positive factor: Completion of trenching phase - Positive factor: Presence of multi-element soil anomalies - Positive factor: Proximity to known gold-bearing quartz veins - Positive factor: Near a producing mine \(Valentine Gold Mine\) - Negative factor: Assay results are pending - Negative factor: Current data is based on soil anomalies and rock chips rather than drill intercepts Facts used in scoring: 2 ## Classification and evidence **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions that Eastern Analytical Ltd. is ISO/IEC 17025 accredited and that the program was supervised by a Qualified Person. Evidence · text > Eastern Analytical Ltd. is a commercial laboratory that is ISO/IEC 17025 accredited **Nearology Play** Polarity: neutral Definition: Value premise rests on proximity to a known deposit rather than own results. Why it applies: The company highlights the proximity of the property to the Valentine Gold Mine operated by Equinox Gold. Evidence · text > located approximately 50 kilometers northeast of the Valentine Gold Mine ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Drill Results (2) ### Fact 1 [Link to this fact](https://atlas-extractions.minestarters.com/news/great-atlantic-completes-first-phase-of-2026-trenching-program-at-100-owned-gold--2e371cc4-d162-4f3c-bb54-62efb890fb7b#fact-drill-facts-0) #### Identity - Region: canada\_nl - Reported Region: Central Newfoundland - Ticker: GR #### Classification - Sample Type: surface #### Location - Location: Golden Promise Property - Loc. Source: document #### QA/QC - Laboratory: Eastern Analytical Ltd. - QA/QC Disclosed: Yes - Lab Certified: Yes - QP Signed: Yes #### Deleterious - Deleterious Flag: No #### Review - Needs Review: No - Interp. Status: scored - Historical: No #### Dates - Event date: 2026-06-12T00:00:00.000Z Reasoning: The company has successfully collected a batch of samples for testing, though the actual grades are not yet known. - Positive factor: Samples collected from rubble, subcrop, and bedrock - Negative factor: Assays are pending Evidence · text > 29 rock samples during May - early June from the three trenches #### Tags used in scoring **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: qaqc\_disclosed is true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated ### Fact 2 [Link to this fact](https://atlas-extractions.minestarters.com/news/great-atlantic-completes-first-phase-of-2026-trenching-program-at-100-owned-gold--2e371cc4-d162-4f3c-bb54-62efb890fb7b#fact-drill-facts-1) gold Historical result Needs review: historical\_restatement #### Identity - Commodity: gold - Region: canada\_nl - Reported Region: Central Newfoundland - Ticker: GR #### Geometry - Grade: 83 - Grade Unit: ppb #### Classification - Sample Type: surface #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-01-01T00:00:00.000Z #### Dates - Event date: 2026-06-12T00:00:00.000Z Reasoning: These are historical soil anomaly values from 2024, not new assay results from the current trenching program. - Positive factor: Confirms presence of gold anomalies in soil Evidence · text > anomalous gold values of 44 parts per billion \(ppb\), 53 ppb and 83 ppb #### Tags used in scoring **No QA/QC Disclosure** Polarity: negative Definition: Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document. Why it applies: qaqc\_disclosed is not true **Cut-off Undisclosed** Polarity: negative Definition: High-grade interval reported without stating the cut-off grade used for compositing. Why it applies: no cutoff\_grade was stated **Stale Data Re-release** Polarity: negative Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty. Why it applies: the fact restates a prior release ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.