Great Atlantic triples size of Glenelg vanadium project
Great Atlantic Resources (TSXV:GR) tripled the size of its Glenelg vanadium property located in New Brunswick, eastern Canada.
In a media statement, Great Atlantic said that the property was expanded by additional mineral claim staking to reach 3,500 hectares.
This staking took place to the west-northwest, covering additional ground reported to be underlain by an intrusive complex that includes gabbro, granodiorite, diorite and granite, areas of reported magnetic anomalies and three gold occurrences.
“Such magnetic anomalies are interpreted by company management to be targets for vanadium and titanium bearing magnetite-rich rich layers within the complex,” the media brief states.
According to the Vancouver-based miner, a 2018 grab sample collected from a magnetic layer in the Bocabec Gabbro Complex returned 0.188% vanadium (0.33% V2O5), 10.3% TiO2 and 25.71% iron.