The property covers an area of approximately 2,080 hectares in southwest New Brunswick. The Mascarene Property is reported to contain multiple copper +/- nickel, cobalt, gold occurrences with historic pits / shafts dating back to the 1800s (N.B. Dept. of Energy and Resource Development Assessment Reports and Mineral Occurrence Database files). Sulfide bearing veins are reported at some of these sites. Mafic intrusive (gabbro) is reported at some sites. Magnetic geophysics anomalies occur within the property, some over 5km long. Great Atlantic is targeting these anomalies as potential sources of mafic intrusive hosted copper-cobalt-nickel mineralization.
Historic 2004, 2011 and 2012 grab samples from the property are reported to contain significant levels of copper, cobalt, nickel and / or gold (source: N.B. Dept. of Energy and Resource Development Assessment Reports). These include samples from the mine dump adjacent to the historic Oliver Cameron shaft, of which at least 13 samples are reported to exceed 1% Cu (up to 7.73% Cu reported) while also reported to return up to 0.52% Co, 0.38% Ni and 4.67 g/t Au.
The Oliver Cameron workings are located in the eastern region of the property. Two historic rubble samples reported at the near-by historic Oliver shaft were reported to return 15.6% Cu and 0.993 g/t Au; and 17.5% Cu and 21.8 g/t Au. Historic grab samples from a pit in this east region were reported to return up to 0.45% Cu, 0.31% Co and 0.30% Ni.
Historic samples from the area of the historic Wheal Louisiana workings in the southern region of the property were reported to return up to 3.44% Cu and 4.79 g/t Au and reported to contain anomalous amounts for cobalt (up to 0.13% Co reported) and nickel (up to 0.15% Ni reported). Mafic intrusions are reported at the Wheal Louisiana site. A qualified person has collected rubble samples containing sulfide mineralization at the Oliver Cameron and Oliver working. Sample analyses are pending.
A 2002 airborne magnetic survey conducted by the New Brunswick government identified magnetic anomalies within the property. Great Atlantic management speculate these anomalies to be associated to a buried mafic intrusion(s).
The Mascarene property is located approximately 30 km southeast of the St. Stephen Ni-Cu-Co Property, with reported mineralization in both gabbro, metasediment and at the contact of gabbro and metasediments (source: ABE Resources Inc. website). Readers are warned that mineralization at the St. Stephen Ni-Co-Co Property is not necessarily indicative of the mineralization on the Great Atlantic’s Mascarene Property.
The Mascarene Property is located approximately 6km southwest of the town of Saint George. Access is excellent with paved provincial roads transecting or in close proximity to the property.