01:33 PM EDT, 08/28/2025 (MT Newswires) -- Great Atlantic Resources (GR.V) on Thursday said unit, Golden Promise Mines, mobilized and set up a specialized large diameter drill for drilling of a bulk sample at its Golden Promise Gold Property, located in central Newfoundland.

The company said the bulk sampling program is being conducted at the gold bearing Jaclyn Main Zone (JMZ). The bulk sample will total up to 1000 cubic meters.

The bulk sampling work at the JMZ is being funded in part by a co-investment from DIGITAL, Canada's Global Innovation Cluster for digital technologies.

"Testing of the world's first-of-its-kind precision mining initiative, utilizing Novamera's technology, is about to begin," said Great Atlantic Chief Executive Christopher Anderson. "The minimal environmental footprint and non-invasive approach to narrow vein mining are expected to significantly reduce all-in sustaining costs (AISC)."

Shares of the company were last seen up $0.01 to $0.13 on the TSX Venture Exchange.

Price: 0.13, Change: +0.01, Percent Change: +8.70