# Great Atlantic Reports Metallurgical Scoping Tests Indicating up to 99% Gold Recovery for the Jaclyn Main Zone at Its 100% Owned Golden Promise Gold Property - Central Newfoundland

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/great-atlantic-reports-metallurgical-scoping-tests-indicating-up-to-99-gold-reco--5d6d220a-85d2-4690-9fe8-0658570f8291

Original source: https://finance.yahoo.com/news/great-atlantic-reports-metallurgical-scoping-130000576.html

Publisher: yahoo\_press

Original announcement: 2025-10-27T13:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: GREAT ATLANTIC RESOURCES CORP.

- Ticker: GR

- Exchange: TSXV

- Region: Newfoundland

- Primary commodity: Gold

- Secondary commodities: None reported

- Document categories: Metallurgy

- Extracted: 2026-08-21 05:03:48 UTC

Narrative sentiment: 0.40 · Bullish

## Minestarters Atlas summary

Great Atlantic Resources has released 2010 metallurgical scoping test results for the Golden Promise Gold Property in Newfoundland. The reports, conducted by SGS Canada, indicate gold recoveries of up to 99% in the Jaclyn Main Zone.

Reasoning: The announcement reports high gold recovery \(99%\) but the data is from 2010 scoping-level tests, making it historical and low-confidence for current project valuation.

- Positive factor: high recovery reported

- Negative factor: historical data

- Negative factor: scoping level only

- Negative factor: stale data

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 1

## Classification and evidence

**Bench Scale Only**

Polarity: negative

Definition: Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The results are described as scoping level metallurgical test work, which typically implies preliminary bench-scale testing.

Evidence · text

> document 2010 scoping level metallurgical test work

**Stale Data Re-release**

Polarity: negative

Story-specific tag

Definition: Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: The metallurgical results are from 2010 reports being released in 2025.

Evidence · text

> received two 2010 metallurgical reports

## Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

## Metallurgical Results (1)

### unspecified

[Link to this fact](https://atlas-staging.minestarters.com/news/great-atlantic-reports-metallurgical-scoping-tests-indicating-up-to-99-gold-reco--5d6d220a-85d2-4690-9fe8-0658570f8291#fact-metallurgical-facts-0)

Golden Promise Gold Property · gold

Historical result

Needs review: historical\_restatement

#### Identity

- Project: Golden Promise Gold Property
- Commodity: gold
- Region: canada\_nl
- Reported Region: Newfoundland
- Ticker: GR

#### Test Work

- Program Status: scoping
- Test Type: unspecified
- Sample: Jaclyn Main Zone scoping level metallurgical test work

#### Recovery

- Recovery: 99 %
- Recovery Basis: unspecified

#### Lab

- Laboratory: SGS Canada Inc.

#### Review

- Needs Review: Yes
- Review Reason: historical\_restatement
- Historical: Yes
- Historical Source Date: 2010-01-01T00:00:00.000Z

#### Dates

- Event date: 2025-10-27T00:00:00.000Z

Reasoning: 99% recovery is exceptional, but the data is 15 years old and from a scoping-level study.

- Positive factor: exceptional recovery percentage

- Negative factor: historical data

- Negative factor: scoping level

Evidence · text

> metallurgical scoping tests Indicating up to 99% Gold Recovery for the Jaclyn Main Zone

## 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.