$10,000,000 Budget Set Aside to Test New Surgical Mining Technology

Great Atlantic Resources is taking a significant step forward at the Jaclyn Main Gold Zone at its 100% owned Golden Promise gold Property in Newfoundland by utilizing Novamera’s advanced Surgical Mining technologies. This pivotal move towards conducting a bulk sample in Q4 2024 is a key development, showcasing the project’s transition towards more detailed exploration and validation of its economic viability.

“By leveraging Novamera’s Surgical Mining technologies, Great Atlantic aims to minimize environmental impacts while maximizing the efficiency and precision of mineral extraction—a testament to their commitment to sustainable and responsible mining practices.”

The Jaclyn Main Zone, one of many zones on the property, is a prominent feature of Great Atlantic’s portfolio, holds a NI 43-101 compliant resource estimate to date of 119,900 inferred ounces of gold at 10.4 g/t, in the upper portion of the vein system and is open to depth as well as east and west. The planned 2,700-tonne bulk sample is a critical endeavor to gather essential mining and metallurgical data, which will guide future economic and technical assessments and support decision-making regarding the project’s progression to production. This bulk sample operation, with a substantial project budget of $10 million, is a strategic investment in the project’s future, reflecting a commitment to thorough, data-driven exploration and development.

 

This budget allocation underscores the importance of the bulk sample in de-risking the project and providing a solid foundation for its advancement. By leveraging Novamera’s Surgical Mining technologies, Great Atlantic aims to minimize environmental impacts while maximizing the efficiency and precision of mineral extraction—a testament to their commitment to sustainable and responsible mining practices.

Funding support from DIGITAL, Canada’s Global Innovation Cluster for digital technologies, further emphasizes the project’s relevance and alignment with Canada’s goals for innovation and sustainability in the mining industry. This partnership not only provides financial backing but also aligns the project with cutting-edge digital and data-driven methodologies in mining.

https://www.digitalsupercluster.ca/projects/data-driven-surgical-mining/

Located in a region known for its gold-bearing potential, the Jaclyn Main Zone’s development is watched closely by industry observers and stakeholders. The high-grade gold intersections from previous drilling campaigns bolster confidence in the zone’s value and the strategic approach Great Atlantic is taking. By allocating a $10 million budget to this bulk sample phase, Great Atlantic Resources is making a clear statement about its dedication to advancing the Jaclyn Main Zone project responsibly and efficiently, setting a benchmark for future mining endeavors in the region and potentially redefining industry standards through the adoption of innovative technologies like Surgical Mining.

 

This article has been sourced from CEO.ca. To read the original report, click here.