Kelowna, British Columbia – TheNewswire- June 28, 2022- SOUTH ATLANTIC GOLD INC. (TSXV: SAO) (“”South Atlantic ” or “Company”) Announces continued integration and interpretation of geological and geophysical data at the Pedra Branca project in Ceará A state in northeastern Brazil.The newly updated map shows the anomalies resulting from geophysical magnetic surveys and the 33 top sections from Phases I and II so far (click). here To display the map).
Douglas MailelsThe CEO said: “The potential scale and scale of the Pedra Branca project is expanding rapidly as exploration operations continue to be integrated and interpreted. The ongoing trend of mineralization is evident. News Release June 13, 2022 As highlighted in (click) here (To display), a new compelling target has been discovered, and this work forms the basis for the next phase of exploration of the mineral resource area, which remains open in all directions, including depth.
Meirelles continued“From now on, we will complete the integration of recent exploration results to better understand the structural control of gold mineralization, which will allow us to prioritize the best targets for future drilling. Yes, this approach is effective for district-scale assets such as Pedra Branca, which covers an area of over 45,000 hectares and covers 60 km. “
Completed geophysics work
High-resolution geophysics flying over known mineralization areas exhibit unique magnetic features that extend beyond the limits of current resources defined by previously completed drilling. Integrating his new data with previous geological information will allow further refinement and prioritization of targets along the full range of control structure trends across the South Atlantic Nagaya package.
New strike length
Mineralization trend strike lengths in resources and key target areas continue to grow and are now 14 kilometers long. In addition, the exploration conducted in both Phase I and Phase II included excavations with an average depth of approximately 40 meters, so this trend is open laterally and throughout its extension. Open at depth.. The map below also highlights areas where exploration work is not taking place. 33 finest intercepts Released in a previous news release, it has not previously been shown on maps containing geophysical magnetic results.
Click on the image to see the full size
Qualified person’s statement
The scientific and technical information underlying some of this news release has been reviewed by Marcelo Antonio Batelochi (P.Geo.), MAUSIMM (CP), the company’s exploration manager, who is a qualified person as defined by NI43-. And approved. 101.
About South Atlantic Gold
South Atlantic Gold is an exploration company in the Americas engaged in the acquisition and advancement of minerals. Our flagship asset is the 100% owned Pedra Branca project, located 280 km southwest of Fortaleza, Ceará, Brazil. South Atlantic Gold focuses on creating value for shareholders by engaging in the development and acquisition of high quality mineral assets in jurisdictions suitable for stable mining. South Atlantic Gold is based in Kelowna, British Columbia and is listed on the TSX-V under the “SAO” symbol.
On behalf of the board
Douglas Meirelles, President and CEO
For more information on this news release, please contact:
Ann Height, Vice President, Investor Relations
T: 250-762-5777
Email: ir@southatlanticgold.com
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