# Great Atlantic Options 100% Interest of Mount Raymond Property to Slam Exploration Ltd

Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/great-atlantic-options-100-interest-of-mount-raymond-property-to-slam-exploratio--cddd167f-1b92-4d05-b0b0-4d0c782fca0a

Original source: https://money.tmx.com/en/quote/GR/news/4513666427015894/great-atlantic-options-100-interest-of-mount-raymond-property-to-slam-exploratio

Publisher: tmx

Original announcement: 2026-03-04T14:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Great Atlantic Resources Corp.

- Ticker: GR

- Exchange: TSX

- Region: New Brunswick

- Primary commodity: Cobalt

- Secondary commodities: Copper, Nickel, Vanadium

- Document categories: Drill results, Agreement transaction

- Extracted: 2026-09-16 03:03:08 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Great Atlantic Resources Corp. has entered into an option agreement with Slam Exploration Ltd. to earn a 100% interest in the Mount Raymond cobalt-copper-nickel-vanadium property in New Brunswick. Under the terms, Slam must make cash payments, issue shares, and incur $200,000 in exploration spending over three years, after which Great Atlantic will retain a 2% NSR royalty.

Reasoning: The company has optioned its Mount Raymond property to Slam Exploration, providing immediate cash and share potential while retaining a royalty interest.

- Positive factor: Monetization of non-core asset via option agreement

- Positive factor: Retention of 2% NSR royalty

- Positive factor: Potential for $1M buyout of partial royalty

- Negative factor: Divestment of 100% interest in Mount Raymond property

Facts used in scoring: 5

## Classification and evidence

**Nearology Play**

Polarity: neutral

Story-specific tag

Definition: Value premise rests on proximity to a known deposit rather than own results.

Why it applies: The release mentions historical mineralization in the area to support the value of the property being optioned.

Evidence · text

> A 2011 diamond drill hole reported within the area of the Mount Raymond Property was reported to intersect 1.65 meters of semi-massive to massive sulfides

## Extracted facts

Stored fact records: 5. Some facts used in scoring do not have a stored record.

## Drill Results (5)

### Fact 1

[Link to this fact](https://atlas-extractions.minestarters.com/news/great-atlantic-options-100-interest-of-mount-raymond-property-to-slam-exploratio--cddd167f-1b92-4d05-b0b0-4d0c782fca0a#fact-drill-facts-0)

Mount Raymond South · copper

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Mount Raymond South
- Commodity: copper
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: GR

#### Geometry

- Grade: 0.43
- Grade Unit: %
- Intercept: 1.65 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2012-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-03-04T00:00:00.000Z

Reasoning: Historical intercept of 0.43% Cu over 1.65m reported by Gracia \(2012\).

- Negative factor: Historical data from 2011

Evidence · text

> return 0.43% copper, 0.12% nickel and 0.11% cobalt over 1.65 meters

#### 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

### Fact 2

[Link to this fact](https://atlas-extractions.minestarters.com/news/great-atlantic-options-100-interest-of-mount-raymond-property-to-slam-exploratio--cddd167f-1b92-4d05-b0b0-4d0c782fca0a#fact-drill-facts-1)

Mount Raymond South · nickel

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Mount Raymond South
- Commodity: nickel
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: GR

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 1.65 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2012-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-03-04T00:00:00.000Z

Reasoning: Historical intercept of 0.12% Ni over 1.65m reported by Gracia \(2012\).

- Negative factor: Historical data from 2011

Evidence · text

> return 0.43% copper, 0.12% nickel and 0.11% cobalt over 1.65 meters

#### 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

### Fact 3

[Link to this fact](https://atlas-extractions.minestarters.com/news/great-atlantic-options-100-interest-of-mount-raymond-property-to-slam-exploratio--cddd167f-1b92-4d05-b0b0-4d0c782fca0a#fact-drill-facts-2)

Mount Raymond South · cobalt

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Mount Raymond South
- Commodity: cobalt
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: GR

#### Geometry

- Grade: 0.11
- Grade Unit: %
- Intercept: 1.65 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2012-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-03-04T00:00:00.000Z

Reasoning: Historical intercept of 0.11% Co over 1.65m reported by Gracia \(2012\).

- Negative factor: Historical data from 2011

Evidence · text

> return 0.43% copper, 0.12% nickel and 0.11% cobalt over 1.65 meters

#### 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

### Fact 4

[Link to this fact](https://atlas-extractions.minestarters.com/news/great-atlantic-options-100-interest-of-mount-raymond-property-to-slam-exploratio--cddd167f-1b92-4d05-b0b0-4d0c782fca0a#fact-drill-facts-3)

Mount Raymond South · cobalt

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Mount Raymond South
- Commodity: cobalt
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: GR

#### Geometry

- Grade: 0.18
- Grade Unit: %
- Intercept: 1 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2012-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-03-04T00:00:00.000Z

Reasoning: Historical 1m sample reported to return 0.18% cobalt.

- Negative factor: Historical data from 2011

Evidence · text

> Another one-meter core length sample from this hole was reported to return 0.18% cobalt

#### 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

### Fact 5

[Link to this fact](https://atlas-extractions.minestarters.com/news/great-atlantic-options-100-interest-of-mount-raymond-property-to-slam-exploratio--cddd167f-1b92-4d05-b0b0-4d0c782fca0a#fact-drill-facts-4)

Mount Raymond South · vanadium

Historical result

Needs review: drill\_no\_hole\_id

#### Identity

- Project: Mount Raymond South
- Commodity: vanadium
- Region: canada\_nb
- Reported Region: canada\_nb
- Ticker: GR

#### Geometry

- Grade: 0.12
- Grade Unit: %
- Intercept: 1 m

#### Classification

- Sample Type: drill

#### Review

- Needs Review: Yes
- Review Reason: drill\_no\_hole\_id
- Interp. Status: scored
- Historical: Yes
- Historical Source Date: 2012-01-01T00:00:00.000Z

#### Dates

- Event date: 2026-03-04T00:00:00.000Z

Reasoning: Historical 1m sample reported to return 0.12% vanadium.

- Negative factor: Historical data from 2011

Evidence · text

> a one- meter core length sample from this hole was reported to return 0.12% vanadium

#### 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.
