The Pilley's Island property consists of seven adjoining licences covering a total area of 875 hectares. Access to the property is excellent with paved roads transecting the property.
The Pilley's Island property hosts a historic mine with reported historic estimated reserves of 1,159,000 tonnes grading 1.23 per cent Cu or 627,373 tons at 2.34 per cent Cu and 0.01 ounce/ton Au. This volcanogenic massive sulphide deposit is analogous to Kuroko/Buchans style mineralization. The property also hosts other base metal/precious metal occurrences. These include the Bull Road showing with reported historic trench assays of 12.4 per cent Zn, 3.8 per cent Cu, 0.9 per cent Pb and 22 g/t Ag over 4.6 m and a reported drill hole intersection of 22.7 per cent Zn, 4.4 per cent Pb, 0.107 per cent Cu and 32 g/t Ag over a 0.65 m core length. Another showing is the Fragmental zone with a reported drill intersection of 7.3 per cent Zn, 1.4 per cent Cu, 0.7 per cent Pb and 20 g/t Ag over 5.5 m core length. An attempt to expose the surface expression of the zone will be conducted during the program. Another massive sulphide intersection from a reported vertical diamond drill hole (hole 42) was reported to return 12.45 per cent Zn, 5.5 per cent Pb, 0.94 per cent Cu and 0.102 ounce/ton Au over 2.5 m core length.
Great Atlantic Resources Corp. is currently conducting a trenching program and preparing for diamond drilling at its Pilley's Island base metal/precious metal property.
A four-hole, 800-metre diamond drill program is planned as immediate follow up to the trenching. Drilling will target the Bull Road showing and area, the hole 42 area, and possibly the Fragmental zone depending on trenching results, as well as a newly discovered mineralized alteration zone. Further trenching on the property may add drill targets.