Great Republic Mining Corp. Signs for Sampling and Geochemical Program at Porcher Island Vanadium-Titanium-Gold Project with ALS GoldSpot
Great Republic Mining Corp. Signs for
Sampling and Geochemical Program at
Porcher Island Vanadium-Titanium-Gold
Project with ALS GoldSpot
Vancouver, British Columbia--(Newsfile Corp. - June 19, 2023) -
Great Republic Mining Corp.
(CSE:
GRM) (the "
Company
" or "
Great Republic
") is pleased to announce that it has signed with ALS
GoldSpot Discoveries Ltd. ("ALS GoldSpot") to provide a comprehensive helicopter assisted
geochemical sampling and data interpretation program at the Porcher Island Vanadium-Ti-Au project.
The Porcher Island project encompasses extensive deposits of ultramafic complexes that have been
intruded by gabbroic formations containing iron-titanium-vanadium (Fe-Ti-V) minerals in the form of
concentrated titaniferous magnetite. Previous samples obtained from the gabbroic bodies indicate
vanadium content ranging from 0.34% to 0.84% V2O5. Two of the gabbroic bodies identified on the
surface have dimensions of approximately 5.3 kilometers by 0.8 kilometers and 4.0 kilometers by 0.6
kilometers. Initial surveys conducted on the Properties, focusing on stream sediments, revealed
vanadium concentrations that rank among the highest 99th percentile in all of British Columbia's
Regional Geochemistry Survey (RGS) databases.
About ALS GoldSpot
ALS GoldSpot Discoveries Ltd. provides geoscience services and consulting augmented by artificial
intelligence. ALS GoldSpot's full-spectrum field, geoscience and data science technical teams combine
proprietary technology with in-depth expertise in mineral exploration and mining, offering front-to-back
services to clients.
About Great Republic Mining Corp.
Great Republic is engaged in the business of acquiring and exploring mineral resource properties. Great
Republic has an option to acquire a 100% interest in the Porcher Property, which is composed of nine
contiguous mineral titles covering an area of 3,560.4 hectares in the northwest part of British Columbia,
Canada, approximately 40 kilometres southwest of the city of Prince Rupert on Porcher Island.
For more information, please refer to the Company's final prospectus dated March 11, 2022, available
on SEDAR (
www.sedar.com
).
On Behalf of the Board of Directors
Frederick W. Davidson
Chief Executive Officer, Corporate Secretary and Director
For further information, please contact:
Jerry Huang
Chief Financial Officer, Director
Tel: +1-778-887-6489
E-mail:
Forward-Looking Statements
Certain disclosure in this release, including the expected use of proceeds of the IPO, constitutes
forward-looking statements that are subject to numerous risks, uncertainties and other factors outside
of the Company's control that may cause future results to differ materially from those expressed or
implied in such forward-looking statements. In preparing the forward-looking statements in this news
release, the Company has applied several material assumptions, including, but not limited to, the
assumption that general economic and business conditions will not change in a materially adverse
manner; and that the Company will be able to raise additional funds on reasonable terms. Although
the management of the Company believes that the assumptions made and the expectations
represented by such statements are reasonable, there can be no assurance that any forward-looking
statement herein will prove to be accurate. Readers are cautioned not to place undue reliance on
forward-looking statements. The Company expressly disclaims any intention or obligation to update
or revise any forward-looking statements, whether as a result of new information, future events or for
any other reason except as required by law.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/170523