Agoracom Blog

$GR.ca Great Atlantic Purchases Portable Gold Mining Plant $AGB.ca

Posted by AGORACOM at 9:16 AM on Wednesday, February 28th, 2018

  • Purchased a turnkey portable Gold mining plant from an independent third party for $99,000
  • Great Atlantic will issue 1.1 million shares at a deemed price of 9 cents per share in consideration

 

Vancouver, British Columbia (FSCwire) – Great Atlantic Resources Corp. (the “Company” or “Great Atlantic”) (GR: TSXV) is pleased to announce it has purchased a turnkey portable Gold mining plant from an independent third party for $99,000. Great Atlantic will issue 1.1 million shares at a deemed price of 9 cents per share in consideration of the purchase.

To view the graphic in its original size, please click here

 

The portable Gold Milling plant purchased by Great Atlantic includes the following :

Jaw Crusher -10″ x 16″ jaw crusher 20hp, 3 phase 600 volt, 60Hz With 1+ yd vibrating feeder/hopper, 3 hp, 3 phase, 220V, 60hz Includes 16″ wide inclined conveyor, 3 hp, 3 phase, 220 V, 60hz Free-standing Unit on steel skid

Fine ore hopper/feeder – 1 yard fine ore hopper magnetic metering feeder, 220V single phase Free-standing on steel skid

Hammer mill – One 24″ x 16″ hammer mill, 30hp, 230/460V, 3 phase motor Inlet chute, outlet chute Steel frame stand

2 shaker tables 4′ x 8′ – Stands with tilt adjustment, 120V, 60hz single phase motor water manifold and distributor trough

 

On behalf of the Board,

“Christopher R Anderson”

Mr. Christopher R. Anderson  ” Always be positive, strive for solutions, and never give up ”

President, CEO, and Director

604-488-3900

 

Investor Relations:

Kaye Wynn Consulting Inc.: 604-558-2630, Toll Free –888-280-8128

E-mail: [email protected]

 

About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. is a Canadian exploration company focused on the discovery and development of mineral assets in the resource-rich and sovereign risk-free realm of Atlantic Canada, one of the number one mining regions of the world. Great Atlantic is currently surging forward building the company utilizing a Project Generation model, with a special focus on the most critical elements on the planet that are prominent in Atlantic Canada, Zinc, Antimony, Tungsten and Gold.

 

This press release includes certain statements that may be deemed “forward-looking statements”. All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Great Atlantic Resource Corp

888 Dunsmuir Street – Suite 888, Vancouver, B.C., V6C 3K4

To view the associated document to this release, please click on the following link:
public://news_release_pdf/GreatAtlantic02282018.pdf

To view the original release (with media), please click here

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