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Great Atlantic $GR.ca Receives Diamond Drilling Permit and Begins 2019 Work Program $SIC.ca $MOZ.ca $AGB.ca

Posted by AGORACOM-Eric at 7:26 AM on Thursday, May 16th, 2019
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  • In-fill drilling in the west half of JMZ within conceptual pit-constrained area.
  • Shallow and deeper in-fill drilling in central-east region of JMZ.
  • Drilling along projected strike east of JNZ in an area of high-grade quartz boulders (boulder samples of 163, 208 and 332 g/t gold – News Release of August 31, 2017).

Golden Promise Project, Central Newfoundland

VANCOUVER, BC / ACCESSWIRE / May 16, 2019 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has received a diamond drilling permit for the Company’s Golden Promise Gold Property, located in the central Newfoundland gold belt. The Company has also begun its 2019 exploration program on the Golden Promise Property, currently conducting focussed prospecting and geochemical sampling at high priority targets within the property. The drilling permit allows for up to 24 drill holes in the northern half of the property at the gold-bearing Jaclyn Zone, specifically at the Jaclyn Main Zone (JMZ) and Jaclyn North Zone (JNZ). Planned drilling will consist of the following:

  • In-fill drilling in the west half of JMZ within conceptual pit-constrained area.
  • Shallow and deeper in-fill drilling in central-east region of JMZ.
  • Drilling along projected strike east of JNZ in an area of high-grade quartz boulders (boulder samples of 163, 208 and 332 g/t gold – News Release of August 31, 2017).

The Company reported a National Instrument 43-101mineral resource estimate for the JMZ in late 2018 (News Release of December 6, 2018; and Sedar-filed National Instrument 43-101 Technical Report on the Golden Promise Property, Central Newfoundland (revised), dated December 4, 2018 by Mr. Greg Z. Mosher, M.Sc. App., P.Geo., and Mr. Larry Pilgrim, B.Sc., P.Geo.). The reported inferred mineral resource estimate for the JMZ is as follows:

Resource Cutoff Au g/t Au Cap g/t Au Uncap g/t Tonnes Au Ounces Capped Au Ounces Uncapped
Total 1.1 9.3 10.4 357,500 106,400 119,900
Pit-Constrained 0.6 11.4 14.1 157,300 57,800 71,200
Underground 1.5 7.5 7.6 200,200 48,600 48,700

Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.
There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves.
Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding.
Mineral resource tonnage and grades are reported as undiluted.
Contained Au ounces are in-situ and do not include recovery losses

The majority of planned diamond drill holes at the Golden Promise Property will be in-fill drill holes at the JMZ to provide data for an up-dated JMZ mineral resource estimate, engineering studies and studies of mineralizing controls. Drilling is also planned testing continuation of the JNZ east along projected strike. The Company conducted trenching during 2017 along the projected east strike of the JNZ. The trenching generally failed to reach bedrock due to thick glacial till. However gold bearing quartz vein boulders were excavated from multiple trenches, with some boulder samples returning high grade gold (including 163.99, 208.51 and 332.67 g/t gold: News Release of August 31, 2017). A qualified person managed the 2017 trenching program and sampling and verified the analytical data.

Great Atlantic has begun it’s 2019 exploration program on the Golden Promise Property. Prospecting and geochemical sampling is being conducted at high priority targets in multiple regions within the property. During the 2017 and 2018 programs, the Company identified / confirmed areas with gold bearing quartz vein float or bedrock; and gold soil anomalies. The objective of the current program is to further define trenching and drilling targets within these target areas.

The Golden Promise Property hosts multiple gold bearing quartz veins and is located within a region of recent significant gold discoveries. The property is located within the Exploits Subzone of the Newfoundland Dunnage Zone. Within the Exploits Subzone, the property lies along the north-northwestern fringe of the Victoria Lake Supergroup (VLSG), a volcano-sedimentary terrane. The northwestern margin of the Golden Promise Property occurs proximal to, and, in part, contiguous with a major (Appalachian-scale) collisional boundary, and suture zone, known as the Red Indian Line (RIL). The RIL forms the western boundary of the Exploits Subzone. Recent significant gold discoveries in this region of the Exploits Subzone include those of Sokoman Minerals Corp. (TSXV.SIC) at the Moosehead Gold Project and Marathon Gold Corp. (TSXV.MOZ) at the Valentine Lake Gold Camp.

During 2018 Sokoman Minerals Corp. (TSXV.SIC) announced a high-grade gold discovery on its Moosehead Property, located approximately 40 kilometers east-northeast of the Golden Promise Property. The discovery was made during the 2018 diamond drilling program. A drill intersection of 44.96 g/t gold over 11.90 meters core length was reported including a 1.35 meters core length quartz vein intersection of 385.85 g/t gold (Sokoman Iron Corp. News Release of July 24, 2018). The Valentine Lake Gold Camp of Marathon Gold Corp. (TSXV.MOZ) is located approximately 55 kilometers southwest of the Golden Promise Property. As reported on Marathon’s website, the Valentine Lake Gold Camp currently hosts four near-surface, mainly pit-shell constrained, deposits with measured and indicated resources totaling 2,691,400 oz. of gold at 1.85 g/t gold and inferred resources totalling 1,531,600 oz. of gold at 1.77 g/t. Readers are warned that mineralization at the Moosehead Property and Valentine Lake Gold Camp is not necessarily indicative of mineralization on the Golden Promise Property.

High-grade gold is reported in quartz veins and quartz vein boulders within the Golden Promise Property. Gold bearing quartz veins are reported in multiple areas of the property, including at least 5 gold bearing quartz vein systems reported in the Jaclyn Zone. Much of the reported historical exploration within the property has been focused on the Jaclyn Zone with gold bearing vein systems reported at the JMZ, JNZ, Jaclyn South Zone, Jaclyn East Zone and Jaclyn West Zone. The majority of historic drilling (2002-2010) was conducted at the JMZ. Gold bearing veins and gold bearing float are reported in other regions of the property. These include the Linda/Snow White vein in the southern region, Shawn’s Shot vein in the central region and Branden boulder occurrence in the northern region of the property.

As reported in the National Instrument 43-101 Technical Report on the Golden Promise Property, Central Newfoundland (revised), dated December 4, 2018 by Mr. Greg Z. Mosher, M.Sc. App., P.Geo., and Mr. Larry Pilgrim, B.Sc., P.Geo., the JMZ was modelled as a single quartz vein that strikes east-west and dips steeply to the south. Modelled vein thickness was based on true thickness derived from quartz vein intercepts. The estimate is based on 220 assays that were composited to 135 one-meter long composites. A bulk density of 2.7 g/cm3 was used. Blocks in the model measured 15 meters east-west, 1-meter north-south and 10 meters vertically. The block model was not rotated. Grades were interpolated using inverse-distance squared (ID2) weighting and a search ellipse that measured 100 meters along strike, two meters across strike and 50 meters vertically. Grades were interpolated based on a minimum of two and a maximum of 10 composites with a maximum of one composite per hole so the grade of each block is based on at least two drillholes thereby demonstrating continuity of mineralization. For the capped mineral resource estimate, all assays that exceed 65 g/t gold were capped at 65 g/t gold. All resources were classified as Inferred because of the relatively wide spacing of drill holes through most of the zone.

Because part of the vein is near surface the resource estimate was constrained by a conceptual open pit to demonstrate reasonable prospects of eventual economic extraction. Generic mining costs of US$2.50/tonne and processing costs of US$25.00/tonne were used together with a gold price of US$1,300/ounce. A conceptual pit slope of 45° was assumed with no allowance for mining loss or dilution. Based on the combined hypothetical mining and processing costs and the assumed price of gold, a pit-constrained cutoff grade of 0.6 g/t was adopted. For the underground portion of the resource a cutoff of 1.5 g/t was assumed. The cutoff grade for the total resource is the weighted average of the pit-constrained and underground cutoff grades.

Jaclyn Main Zone Total Inferred Mineral Resource Estimate

Resource Cutoff Au g/t Au Cap g/t Au Uncap g/t Tonnes Au Ounces Capped Au Ounces Uncapped
Total 1.1 9.3 10.4 357,500 106,400 119,900
Pit-Constrained 0.6 11.4 14.1 157,300 57,800 71,200
Underground 1.5 7.5 7.6 200,200 48,600 48,700

Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.
There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves.
Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding.
Mineral resource tonnage and grades are reported as undiluted.
Contained Au ounces are in-situ and do not include recovery losses

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

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, Antimony, Tungsten and Gold.

On Behalf of the board of directors

“Christopher R Anderson”

Mr. Christopher R. Anderson ‘Always be positive, strive for solutions, and never give up’
President CEO Director
604-488-3900 – Dir

Investor Relations:
Please call 604-488-3900

Great Atlantic $GR.ca Acquires Glenelg Vanadium Property – Southwest New Brunswick $SIC.ca $MOZ.ca $AGB.ca

Posted by AGORACOM-Eric at 9:10 AM on Monday, May 6th, 2019
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  • Recent and historic bedrock grab samples of 0.33 & 0.42% V2O5.
    Historic bedrock grab sample of 14 g/t Au, 1.38% Bi, 0.65% Co and 27.5 % TiO2.

VANCOUVER, BC / ACCESSWIRE / May 6, 2019 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has acquired, through an option agreement and by staking, the Glenelg Vanadium Property, located in southwest New Brunswick. Recent bedrock grab samples from the property from a layered intrusion returned significant levels of vanadium and titanium. Historic grab bedrock samples are reported to return significant levels for gold, cobalt and bismuth. The property is located approximately 5 kilometers southeast of the Clarence Stream Gold Project of Galway Metals Inc.

  • Recent and historic bedrock grab samples of 0.33 & 0.42% V2O5.
  • Historic bedrock grab sample of 14 g/t Au, 1.38% Bi, 0.65% Co and 27.5 % TiO2.
  • Vanadium, titanium and iron mineralization in layered Bocabec Gabbro Complex.


(To view the full-sized image, please click here)

The Glenelg property has seen little exploration. Company management cannot find evidence of historical drilling within the property. The property is reported to be underlain by the Silurian Bocabec Gabbro Complex (gabbro, minor granodiorite, diorite and granite).

Polymetallic veins were discovered within the property during 2006 and 2013 by one of the option partners. A grab sample collected during 2006 was reported to return 2.6 grams per tonne (g/t) gold and 0.65% cobalt. Another grab sample was reported to return greater than 1% copper and 0.15% cobalt. A 2013 grab sample from a sulfide vein was reported to return 14 g/t gold, 1.28% bismuth and 0.12% cobalt.

A 2013 sample collected by one of the option partners from a magnetic layer in the Bocabec Gabbro Complex was reported to return 0.237% vanadium (0.42% V2O5), 16.5% titanium (27.5% TiO2) and greater than 30% iron.

A grab sample from a magnetic layer collected by Great Atlantic during 2018 returned 0.188% vanadium (0.33% V2O5), 10.10.3% TiO2 and 25.71% iron. This sample was collected by a qualified person. This sample was analyzed by ALS Canada Ltd. by XRF Fusion.


(To view the full-sized image, please click here)


(To view the full-sized image, please click here)

The Glenelg Property is located approximately 5 kilometers southeast of the Clarence Stream Gold Project of Galway Metals Inc. (TSXV.GWM). Galway reported a NI 43-101 resource estimate for the project during 2018, reporting total Measured plus Indicated resources of 6,178,000 tonnes at 1.96 g/t gold (390,000 ounces of gold) and total Inferred resources of 3,409,000 tonnes at 2.53 g/t gold (277,000 ounces of gold). Galway recently reported a new gold discovery at the Clarence Stream Gold Project with one hole reported to intersect 7.3 g/t gold over 36.7 meters core length (Galway News Release of February 13, 2019).

The Glenelg Vanadium Property is located within southwest New Brunswick approximately 20 kilometers east of the town of St. Stephen and approximately 15 kilometers northwest of the Company’s Mascarene Property which hosts multiple mineral occurrences with cobalt, copper, nickel, zinc, lead, gold and / or silver. The Glenelg Vanadium Property covers an area of approximately 1,185 hectares.

Under the terms of the agreement, Great Atlantic may earn in a 100-per-cent interest in the property by making certain staged cash payments to the optionor over a five-year period as follows: (i) $10,000 in cash deposit (paid); (ii) $15,000 in cash on or before the first anniversary of the approval date; (iii) $30,000 in cash on or before the second anniversary of the approval date; (iv) $30,000 in cash on or before the third anniversary of the approval date; and (v) $40,000 on or before the fourth anniversary of the approval date; and (vi) $50,000 on or before the fifth anniversary of the approval date.

In the event Great Atlantic exercises the Option and acquires a 100% right, title and interest in and to the Property, the Optionor shall thereafter be entitled to a 2.0% net smelter return, payable upon the commencement of Commercial Production.

Optionee shall have the right to purchase one-half (50%) of the NSR Royalty from Optionor at any time by payment to Optionor of $1,000,000, leaving Optionor with a 1.0% remaining NSR Royalty or in stages example $500,000 for ½ of a percentage.

Readers are warned that mineralization at the Clarence Stream Gold Project and the Company’s Mascarene Property are not necessarily indicative of mineralization within the Glenelg Vanadium Property. Readers are warned that historic data referred to in this News Release have not been verified by a qualified person.

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

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, Antimony, Tungsten and Gold.

On Behalf of the board of directors

“Christopher R Anderson

Mr. Christopher R. Anderson “Always be positive, strive for solutions, and never give up”
President CEO Director
604-488-3900 – Dir

Investor Relations:
Please call 604-488-3900

Atlantic’s Golden Promise $GR.ca in Canada’s Newest Emerging Gold District $SIC.ca $MOZ.ca $AGB.ca

Posted by AGORACOM-Eric at 3:31 PM on Friday, April 26th, 2019
  • Golden Promise located in the Victoria Lake Supergroup, with over 130 VMS deposits and occurrences, including 30 significant deposits and prospects.
  • Golden Promise neighbors Marathon Golds 4.2m gold resource
  • Drilling has focused on small area called Jaclyn Main Zone where multiple quartz veins comprise the 100,000 ounce resource
  • Jaclyn Main quartz vein system is open ended with a strike dimension of 975m and open vertical depth extension of 400m

Great Atlantic Hub on Agoracom

FULL DISCLOSURE: Great Atlantic is an advertising client of AGORA Internet Relations Corp

CLIENT FEATURE: Great Atlantic’s Golden Promise in Canada’s Newest Emerging Gold District $SIC.ca $MOZ.ca $AGB.ca

Posted by AGORACOM-Eric at 12:28 PM on Wednesday, April 10th, 2019
  • Golden Promise located in the Victoria Lake Supergroup, with over 130 VMS deposits and occurrences, including 30 significant deposits and prospects.
  • Golden Promise neighbors Marathon Golds 4.2m gold resource
  • Drilling has focused on small area called Jaclyn Main Zone where multiple quartz veins comprise the 100,000 ounce resource
  • Jaclyn Main quartz vein system is open ended with a strike dimension of 975m and open vertical depth extension of 400m

Great Atlantic Hub on Agoracom

FULL DISCLOSURE: Great Atlantic is an advertising client of AGORA Internet Relations Corp

Great Atlantic $GR.ca Acquires Golden Trust Property 1 Km North of Valentine Lake Gold Camp of Marathon Gold in Central Newfoundland Gold Belt $SIC.ca $MOZ.ca

Posted by AGORACOM-Eric at 12:20 PM on Friday, March 1st, 2019
  • Acquired the Golden Trust Property through staking
  • 1 kilometer north of the Valentine Lake Gold Camp of Marathon Gold Corp.
  • Golden Trust Property covers an area of 2,400 hectares in a relatively under-explored area of the central Newfoundland gold belt

VANCOUVER, BC / ACCESSWIRE / March 1, 2019 / GREAT ATLANTIC RESOURCES CORP. (TSXV:GR) (the “Company” or “Great Atlantic”) is pleased to announce it has acquired, through staking, the Golden Trust Property, located in the central Newfoundland gold belt and 1 kilometer north of the Valentine Lake Gold Camp of Marathon Gold Corp. has acquired, through staking, the Golden Trust Property (TSXV:MOZ). The Golden Trust Property covers an area of 2,400 hectares in a relatively under-explored area of the central Newfoundland gold belt. Key points for the Golden Trust Property include:

  • Located 1 km north of the Valentine Lake Gold Camp of Marathon Gold Corp., approximately 44 km southwest of Great Atlantic’s Golden Promise Property and approximately 31 km southwest of the Duck Pond VMS deposit.
  • Within the prospective Victoria Lake Supergroup which hosts numerous epigenetic gold & volcanogenic massive sulfide occurrences (including Duck Pond VMS deposit).
  • Within the Exploits Subzone of the Dunnage Zone and east of the Red Indian Line (RIL), a major (Appalachian-scale) collisional boundary, and suture zone.
  • Government till samples (2008) returned elevated to anomalous values for gold in various regions of the Golden Trust Property.


(To view the full-size image, please click here)

The Golden Trust Property occurs within an under-explored area of the Newfoundland central gold belt. Company management have been unable to locate any reports of historic diamond drilling within the property. Till geochemical sampling conducted by the Newfoundland Department of Natural Resources in 2008 included a small number of wide-spaced samples within the Golden Trust Property. Samples from various regions of the property returned elevated to anomalous values for gold including in the 5-9 parts per billion range.

The southern boundary of the property is located 1 kilometer north of the northeast region of the Valentine Lake Gold Camp of Marathon Gold Corp. (TSXV:MOZ). As reported on Marathon’s website, the Valentine Lake Gold Camp currently hosts four near-surface, mainly pit-shell constrained, deposits with measured and indicated resources totaling 2,691,400 oz. of gold at 1.85 g/t gold and inferred resources totalling 1,531,600 oz. of gold at 1.77 g/t. The Golden Trust Property is located approximately 44 kilometers southwest of Great Atlantic’s Golden Promise Gold Property which hosts multiple gold bearing quartz vein systems.

The Company’s Golden Trust and Golden Promise Properties and the Valentine Lake Gold Camp of Marathon Gold Corp. all occur within the Exploits Subzone of the Dunnage Zone. The Red Indian Line (RIL), a major (Appalachian-scale) collisional boundary, and suture zone, forms the western boundary of the Exploits Subzone.

The Golden Trust Property occurs within the Victoria Lake Supergroup (VLSG), a volcano-sedimentary terrane within the Exploits Subzone. The VLSG hosts numerous volcanogenic massive sulfide (VMS) and epigenetic gold occurrences. The most significant of the VMS deposits within the VLSG is the Duck Pond deposit (zinc, lead, copper, silver and gold), located approximately 31 kilometers northeast of the Golden Trust Property.


(To view the full-size image, please click here)

Readers are warned that mineralization at the Valentine Lake Gold Camp, Golden Promise Property, Duck Pond Deposit and elsewhere within the Exploits Subzone and VLSG is not necessarily indicative of mineralization within the Golden Trust Property.

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

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, Antimony, Tungsten and Gold.

On Behalf of the board of directors

“Christopher R Anderson”

Mr. Christopher R. Anderson “Always be positive, strive for solutions, and never give up”
President CEO Director
604-488-3900 – Dir

Investor Relations:
Please call 604-488-3900

$GR Great Atlantic Aquires Southwest Golden Promise Property $MOZ $SIC

Posted by AGORACOM-Eric at 10:08 AM on Wednesday, February 20th, 2019
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  • Acquired the Southwest Golden Promise Property, covering an area of 1000 hectares, is centered approximately 4 kilometers west of the southern-most region of the Company’s Golden Promise Property
  • Historic (2008) approximately 260-meter long northeast-southwest gold soil anomaly trend including one reported sample of 7,667 ppb gold (7.6 g/t gold).
  • Historic (2008) approximately 260-meter long northeast-southwest gold soil anomaly trend including one reported sample of 7,667 ppb gold (7.6 g/t gold).

VANCOUVER, BC / ACCESSWIRE / February 20, 2019 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the ”Company” or ”Great Atlantic”) is pleased to announce it has acquired, through staking, the Southwest Golden Promise Property, located in the central Newfoundland gold belt. The property, covering an area of 1000 hectares, is centered approximately 4 kilometers west of the southern-most region of the Company’s Golden Promise Property. The Southwest Golden Promise Property covers gold soil anomalies (up to 7.6 g/t) and reported gold-bearing quartz float (up to 6.7 g/t).

Highlights for the Southwest Golden Promise Property include:

  • Historic (2008) approximately 260-meter long northeast-southwest gold soil anomaly trend including one reported sample of 7,667 ppb gold (7.6 g/t gold).
  • Historic (2009) quartz float samples returning 6.78 & 2.44 g/t gold within anomalous soil trend.
  • Reported visible gold in historic panned soil samples.
  • Within the Exploits Sub-Zone adjacent to and along the southeast margin of the Red Indian Line, a major (Appalachian-scale) collisional boundary, and suture zone.

The primary target within the Southwest Golden Promise Property is an approximately 260-meter long northeast-southwest trending zone of historic gold soil anomalies. Multiple 2008 soil samples within this trend are reported to have returned anomalous values for gold including eight samples in the 36-82 ppb gold range. Two quartz float samples collected during 2009 within this anomalous zone were reported to 6.78 g/t and 2.44 g/t gold. Panned soil samples at two of three sites within this anomalous zone were reported to yield gold flakes.

Great Atlantic’s Golden Promise Property is located east and northeast of the Southwest Golden Promise Property. The Golden Promise Property remains the Company’s focus in the central Newfoundland gold belt. The Golden Promise Property hosts multiple gold bearing quartz veins, the most advanced being the Jaclyn Main Zone. The Company recently announced a mineral resource estimate for the Jaclyn Main Zone (see the Company’s News Release of December 6, 2018). A gold bearing vein referred to as Linda / Snow White vein occurs in the southwest region of the Golden Promise Property. Reported historic surface samples at the Linda /Snow White vein include grab samples of 105 and 232 g/t gold and a channel sample of 29.7 g/t gold over 0.5 meters. The best reported historic drill hole intersection (2006) at the Linda / Snow White vein was 19.5 g/t gold over 1.15 meters (core length).

Similar to the Company’s Golden Promise Property, the Southwest Golden Promise Property is located within the Exploits Subzone of the Newfoundland Dunnage Zone. Within the Exploits Subzone, both properties lie along the north-northwestern fringe of the Victoria Lake Supergroup (VLSG), a volcano-sedimentary terrane. The northwestern margin of both properties occurs proximal to, and, in part, contiguous with a major (Appalachian-scale) collisional boundary, and suture zone, known as the Red Indian Line (RIL). The RIL forms the western boundary of the Exploits Subzone. Recent significant gold discoveries in this region of the Exploits Subzone include those of Sokoman Iron Corp. (TSXV.SIC) at the Moosehead Project and Marathon Gold Corp. (TSXV.MOZ) at the Valentine Lake Gold Camp.

Sokoman Iron Corp. (TSXV.SIC) recently announced a high-grade gold discovery on its Moosehead Property, located approximately 40 kilometers east-northeast of the Golden Promise Property. The discovery was made during the 2018 diamond drilling program. A drill intersection of 44.96 g/t gold over 11.90 meters core length was reported including a 1.35 meters core length quartz vein intersection of 385.85 g/t gold (Sokoman Iron Corp. News Release of July 24, 2018). The Valentine Lake Gold Camp of Marathon Gold Corp. (TSXV.MOZ) is located approximately 55 kilometers southwest of the Golden Promise Property. As reported on Marathon’s website, the Valentine Lake Gold Camp currently hosts four near-surface, mainly pit-shell constrained, deposits with measured and indicated resources totaling 2,691,400 oz. of gold at 1.85 g/t gold and inferred resources totalling 1,531,600 oz. of gold at 1.77 g/t. Readers are warned that mineralization at the Moosehead Property and Valentine Lake Gold Camp is not necessarily indicative of mineralization on the Golden Promise Property.

Readers are warned that historical records referred to in this News Release have been examined but not verified by a Qualified Person. Further work is required to verify that historical records referred to in this News Release are accurate.

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

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, Antimony, Tungsten and Gold.

On Behalf of the board of directors

”Christopher R Anderson

Mr. Christopher R. Anderson “Always be positive, strive for solutions, and never give up”
President CEO Director
604-488-3900 – Dir

Investor Relations:

Please call 604-488-3900

CLIENT FEATURE: Great Atlantic’s Keymet Base Metal Property Proving Success Comes through Drilling $MOZ.ca $SIC.ca

Posted by AGORACOM-Eric at 10:59 AM on Tuesday, February 19th, 2019
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https://tpc.googlesyndication.com/simgad/5752379710820707897
  • Drilling occurred in northwest region of the property, 1.5 km NW of the historic Keymet Mine.
  • Ky-18-14: 7.89% zinc equivalent over 34.3 meters (From 46.20 m to 80.50 m)
  • Elmtree 12 vein: System traced to approximately 145 meters depth, open at depth
  • Elmtree 12 vein: Strike length of approximately 110 meters and open along strike
  • The Company’s focus since acquiring the Keymet Property is the area of reported polymetallic veins with most work in the area of the Elmtree 12 copper-lead-zinc-silver bearing vein system.
  • At least seven vein occurrences with lead, zinc and +/- copper, silver and gold are reported in this region of the property in addition to the polymetallic veins reported at the historic Keymet Mine
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FULL DISCLOSURE: Great Atlantic is an advertising client of AGORA Internet Relations Corp

Great Atlantic Applies for Diamond Drilling Permit Golden Promise Project, Central Newfoundland $GR.ca $SIC.ca $MOZ.ca

Posted by AGORACOM-Eric at 9:56 AM on Wednesday, January 23rd, 2019
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  • Applied for a diamond drilling permit for the Company’s Golden Promise Jaclyn Main Zone (JMZ) and Jaclyn North Zone (JNZ)
  • In-fill drilling in west half of JMZ within conceptual pit-constrained area.
  • Explore along projected strike east of JNZ in area of high-grade quartz boulders (boulder samples of 163, 208 and 332 g/t gold

VANCOUVER, BC / ACCESSWIRE / January 23, 2019 / GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has applied for a diamond drilling permit for the Company’s Golden Promise Gold Property, located in the central Newfoundland gold belt. The application is for up to 50 drill holes (up to 6,500 meters) in the northern half of the property at the Jaclyn Zone, specifically at the Jaclyn Main Zone (JMZ) and Jaclyn North Zone (JNZ). Pending approval of the drilling permit and financing, the Company plans to begin drilling during spring 2019, with the following focus:

  • In-fill drilling in west half of JMZ within conceptual pit-constrained area.
  • Both shallow and deeper drilling in central-east region of JMZ.
  • Provide data for up-dated JMZ mineral resource estimate, engineering studies and studies of mineralizing controls.
  • Explore along projected strike east of JNZ in area of high-grade quartz boulders (boulder samples of 163, 208 and 332 g/t gold – News Release of August 31, 2017).

The Company recently reported a National Instrument 43-101 mineral resource estimate for the JMZ (News Release of December 6, 2018; and Sedar-filed National Instrument 43-101 Technical Report on the Golden Promise Property, Central Newfoundland (revised), dated December 4, 2018 by Mr. Greg Z. Mosher, M.Sc. App., P.Geo., and Mr. Larry Pilgrim, B.Sc., P.Geo.). The reported inferred mineral resource estimate for the JMZ is as follows:

Resource Cutoff Au g/t Au Cap g/t Au Uncap g/t Tonnes Au Ounces Capped Au Ounces Uncapped
Total 1.1 9.3 10.4 357,500 106,400 119,900
Pit-Constrained 0.6 11.4 14.1 157,300 57,800 71,200
Underground 1.5 7.5 7.6 200,200 48,600 48,700

Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves.

Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding.

Mineral resource tonnage and grades are reported as undiluted.

Contained Au ounces are in-situ and do not include recovery losses

The majority of 2019 planned diamond drill holes at the Golden Promise Property will be in-fill drill holes in the west section of the JMZ in the conceptual pit-constrained area. Some drilling is planned for the central-east section of the JMZ. Historic drilling in this part of the JMZ is less concentrated versus the west section. Planned drilling in the central-east section of the JMZ will include near-surface drilling to test continuation of gold mineralization to near-surface, and some deeper holes. The drilling program will provide data for an up-dated JMZ mineral resource estimate, engineering studies and studies of mineralizing controls. Up to nine drill holes are planned testing continuation of the JNZ east along projected strike. The Company conducted trenching during 2017 along the projected east strike of the JNZ. The trenching generally failed to reach bedrock due to thick glacial till. However gold bearing quartz vein boulders were excavated from multiple trenches, with some boulder samples returning high grade gold (including 163.99, 208.51 and 332.67 g/t gold: News Release of August 31, 2017). A qualified person managed the 2017 trenching program and sampling and verified the analytical data.

The Golden Promise Property hosts multiple gold bearing quartz veins and is located in a region of recent significant gold discoveries. The property is located within the Exploits Subzone of the Newfoundland Dunnage Zone. Within the Exploits Subzone, the property lies along the north-northwestern fringe of the Victoria Lake Supergroup (VLSG), a volcano-sedimentary terrane. The northwestern margin of the Golden Promise Property occurs proximal to, and, in part, contiguous with a major (Appalachian-scale) collisional boundary, and suture zone, known as the Red Indian Line (RIL). The RIL forms the western boundary of the Exploits Subzone. Recent significant gold discoveries in this region of the Exploits Subzone include those of Sokoman Iron Corp. (TSXV.SIC) at the Moosehead Project and Marathon Gold Corp. (TSXV.MOZ) at the Valentine Lake Gold Camp.

Sokoman Iron Corp. (TSXV.SIC) recently announced a high-grade gold discovery on its Moosehead Property, located approximately 40 kilometers east-northeast of the Golden Promise Property. The discovery was made during the 2018 diamond drilling program. A drill intersection of 44.96 g/t gold over 11.90 meters core length was reported including a 1.35 meters core length quartz vein intersection of 385.85 g/t gold (Sokoman Iron Corp. News Release of July 24, 2018). The Valentine Lake Gold Camp of Marathon Gold Corp. (TSXV.MOZ) is located approximately 55 kilometers southwest of the Golden Promise Property. As reported on Marathon’s website, the Valentine Lake Gold Camp currently hosts four near-surface, mainly pit-shell constrained, deposits with measured and indicated resources totaling 2,691,400 oz. of gold at 1.85 g/t gold and inferred resources totalling 1,531,600 oz. of gold at 1.77 g/t. Readers are warned that mineralization at the Moosehead Property and Valentine Lake Gold Camp is not necessarily indicative of mineralization on the Golden Promise Property.

High-grade gold is reported in quartz veins and quartz vein boulders within the Golden Promise Property. Gold bearing quartz veins are reported in multiple areas of the property, including at least 5 gold bearing quartz vein systems reported in the Jaclyn Zone. Much of the reported historical exploration within the property has been focused on the Jaclyn Zone with gold bearing vein systems reported at the JMZ, JNZ, Jaclyn South Zone, Jaclyn East Zone and Jaclyn West Zone. The majority of historic drilling (2002-2010) was conducted at the JMZ. Gold bearing veins and gold bearing float are reported in other regions of the property. These include the Linda/Snow White vein in the southern region and the Shawn’s Shot vein in the central region of the property.

As reported in the National Instrument 43-101 Technical Report on the Golden Promise Property, Central Newfoundland (revised), dated December 4, 2018 by Mr. Greg Z. Mosher, M.Sc. App., P.Geo., and Mr. Larry Pilgrim, B.Sc., P.Geo., the JMZ was modelled as a single quartz vein that strikes east-west and dips steeply to the south. Modelled vein thickness was based on true thickness derived from quartz vein intercepts. The estimate is based on 220 assays that were composited to 135 one-meter long composites. A bulk density of 2.7 g/cm3 was used. Blocks in the model measured 15 meters east-west, 1-meter north-south and 10 meters vertically. The block model was not rotated. Grades were interpolated using inverse-distance squared (ID2) weighting and a search ellipse that measured 100 meters along strike, two meters across strike and 50 meters vertically. Grades were interpolated based on a minimum of two and a maximum of 10 composites with a maximum of one composite per hole so the grade of each block is based on at least two drillholes thereby demonstrating continuity of mineralization. For the capped mineral resource estimate, all assays that exceed 65 g/t gold were capped at 65 g/t gold. All resources were classified as Inferred because of the relatively wide spacing of drill holes through most of the zone.

Because part of the vein is near surface the resource estimate was constrained by a conceptual open pit to demonstrate reasonable prospects of eventual economic extraction. Generic mining costs of US$2.50/tonne and processing costs of US$25.00/tonne were used together with a gold price of US$1,300/ounce. A conceptual pit slope of 45° was assumed with no allowance for mining loss or dilution. Based on the combined hypothetical mining and processing costs and the assumed price of gold, a pit-constrained cutoff grade of 0.6 g/t was adopted. For the underground portion of the resource a cutoff of 1.5 g/t was assumed. The cutoff grade for the total resource is the weighted average of the pit-constrained and underground cutoff grades.

Jaclyn Main Zone Total Inferred Mineral Resource Estimate

Resource Cutoff Au g/t Au Cap g/t Au Uncap g/t Tonnes Au Ounces Capped Au Ounces Uncapped
Total 1.1 9.3 10.4 357,500 106,400 119,900
Pit-Constrained 0.6 11.4 14.1 157,300 57,800 71,200
Underground 1.5 7.5 7.6 200,200 48,600 48,700

Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability.

There is no certainty that all or any part of the Mineral Resources estimated will be converted into Mineral Reserves.

Mineral resource tonnage and contained metal have been rounded to reflect the accuracy of the estimate, and numbers may not add due to rounding.

Mineral resource tonnage and grades are reported as undiluted.

Contained Au ounces are in-situ and do not include recovery losses

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

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, Antimony, Tungsten and Gold.
On Behalf of the board of directors

“Christopher R Anderson

Mr. Christopher R. Anderson “Always be positive, strive for solutions, and never give up”
President CEO Director
604-488-3900 – Dir

$GR.ca Great Atlantic Resources Option Partner Completes Drill Program on Kagoot Brook Co-Mn Base Metals Project, New Brunswick

Posted by AGORACOM-Eric at 9:44 AM on Monday, January 21st, 2019
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  • Option partner completed maiden drill program at the Kagoot Brook Cobalt/Manganese base metals property in New Brunswick
  • The two holes, 500 metre program was designed to drill along one transect across the target stratigraphy within the 4 x 1 km target area.

GREAT ATLANTIC RESOURCES CORP. (TSX-v: GR) (the “Company” or “Great Atlantic”) is pleased to announce its option partner Explorex Resources Inc. has completed its maiden drill program at the Kagoot Brook Cobalt/Manganese base metals property in New Brunswick prior to the Christmas Break. The Company completed two holes for a total 500 metres. This initial two-hole drilling program was limited in scope and designed to drill along one transect across the target stratigraphy within the 4 x 1 kilometre target area.

The Explorex geological crew has returned to New Brunswick to finish processing the core produced during the December 2018 drilling program. It is anticipated that the processing of the core will take one week to complete, and results should be available mid to late February.

Kagoot Brook Co – Mn – Base Metals Project

Historical work at Kagoot Brook has delineated two drainages, two kilometres apart, that exhibit a series of remarkably anomalous cobalt values up to 6,000 ppm* in the silts (see Explorex news releases dated May 31 and February 14, 2018).

Follow-up stream silt sampling programs performed by the Explorex during 2018 revealed:

  1. a significant concentration of and a strong relationship of cobalt with manganese and associated base metals (nickel, copper, lead and zinc);

  2. the relative percentage of the cobalt to manganese indicates a favourable high cobalt tenor (i.e. grade component); and

  3. a distinct upstream cut-off of the cobalt mineralization (see Explorex news release dated November 5, 2018).

The project area is blanketed by a thin till cover with little or no outcrop and the in-stream silt grade cut-offs are interpreted to closely reflect the southern contact of the underlying mineralized horizon. The grade cut-offs align well with stratigraphy adding confidence to the >2 km inferred potential length of mineralization along the geological trend.

*Note: The stream silt samples reported in this release are solely designed to show the presence or absence of mineralization and to characterize the mineralization. Silt samples are by definition selective and not intended to provide nor should be construed as a representative indication of grade or mineralization at the projects.

Technical Information in this news release has been reviewed by David Martin, P Geo., a Qualified Person as that term is defined in NI 43-101.

Option agreement

The Kagoot Brook property is 100 per cent owned by Great Atlantic Resources and is subject to an underlying agreement with Explorex Resources Inc. Explorex Resources is acquiring up to a 75-per-cent interest in the project (please see Great Atlantic Resources’ news release dated Feb. 14, 2018).

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, Antimony, Tungsten and Gold.

On Behalf of the board of directors

“Christopher R Anderson

Mr. Christopher R. Anderson “Always be positive, strive for solutions, and never give up”
President CEO Director
604-488-3900 – Dir

$GR.ca Great Atlantic Drilling Intersects 7.89% Zinc EQ over 34.3 Meters 100% Owned Keymet Base Metal – Precious Metal Project $SIC.ca $LAB.ca

Posted by AGORACOM-Eric at 9:18 AM on Friday, January 18th, 2019
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  • Drill results for holes 10 – 22 completed during 2018 exploration
  • Drilling conducted 1.5 km northwest of the historic Keymet Mine
  • Ky-18-14: 7.89% zinc equivalent over 34.3 m

GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has received drill core analytical results for 13 holes (Ky-18-10 to Ky-18-22) completed during the 2018 diamond drilling program at its Keymet Base Metal – Precious Metal Property, located near Bathurst, northeast New Brunswick. The program was conducted in the northwest region of the property approximately 1.5 km northwest of the historic Keymet Mine. Highlights include (core length):

  • Ky-18-14: 7.89% zinc equivalent over 34.3 meters (From 46.20 m to 80.50 m)
  • Ky-18-10: 10.91% zinc equivalent over 3.27 meters (From 85.03m to 88.30 m)
  • Elmtree 12 vein: System traced to approximately 145 meters depth, open at depth
  • Elmtree 12 vein: Strike length of approximately 110 meters and open along strike

Vein with semi-massive sulfides in Drill Hole Ky-18-14 at Elmtree 12 Vein System

The 2018 drilling program (13 holes totalling 1,484 meters) was conducted in the northwest region of the Keymet property. Eleven drill holes (Ky-18-10 to Ky-18-18, Ky-18-21 and Ky-18-22) tested the Elmtree 12 vein system as in-fill drilling and along strike with some holes testing deeper than previous drilling. Company management speculate the Elmtree 12 vein system to be striking approximately north-south and sub-vertical. Great Atlantic had previously drilled six holes in the Elmtree 12 vein system during 2015 and 2017, intersecting zinc, copper, lead and silver bearing polymetallic veins (News Releases of February 23, 2016, December 20, 2017 and March 2, 2018). Two drill holes (Ky-18-19 and Ky-18-20) tested the continuation of another base metal and silver bearing vein southwest of the Elmtree 12 vein system. This vein was discovered during 2017 drilling (Ky-17-8: 18.8% Zn, 3.5% Cu and 576 g/t Ag over 1.27 meters core length – News Release of March 2, 2018).

Sulfide Bearing Veins in Drill Hole Ky-18-14 at Elmtree 12 Vein System

Intersections from 2015, 2017 and 2018 diamond drilling programs in the area of the Elmtree 12 vein system include the following (core length):

Hole ID From (m) To (m) Length (m) Zn Equiv.
(%)
Zn (%) Cu (%) Pb (%) Ag
(g/t)
Au
(g/t)
2015 Diamond Drill Holes:
Ky-15-3 30.10 32.20 2.10
3.28
Ky-15-3 60.80 62.60 1.80 22.77 16.68 1.11 0.44 152
Ky-15-4 90.07 94.35 4.28 10.44 8.68 0.29 0.2 44.8
2017 Diamond Drill Holes:

Ky-17-5 81.00 81.80 0.80 20.24 13.65 1.20 0.45 166
Ky-17-6 119.45 131.50 12.05 8.31 3.54 0.92 0.28 115.6
Ky-17-6 incl. 119.45 124.40 4.95 16.05 7.67 1.57 0.48 209.3
Ky-17-6 148.80 149.75 0.95




4.9
Ky-17-6 164 183.96 19.96 0.64
Ky-17-8 31.00 32.27 1.27 39.90 18.8 3.55 1.16 576
Ky-17-9 45.75 47.13 1.38 6.29 4.29 0.29 0.23 55.4
2018 Diamond Drill Holes:
Ky-18-10 85.03 88.30 3.27 10.91 7.91 0.53 0.21 77.2
Ky-18-10 incl. 85.74 86.74 1.00 25.59 16.80 1.60 0.55 223
Ky-18-11 108.70 109.40 0.70 4.95 3.89 0.11 0.14 33.9
Ky-18-12 78.82 84.55 5.73 7.88 4.07 1.19 0.23 39.2
Ky-18-12 incl. 78.82 79.64 0.82 14.03 10.90 1.07 0.09 24.8
Ky-18-12 incl. 83.35 84.55 1.20 21.65 8.90 3.81 0.60 157
Ky-18-13 80.00 81.00 1.00
1.76
Ky-18-14 46.20 80.50 34.30 7.89 3.29 0.88 0.26 112.6
Ky-18-14 incl. 46.20 49.20 3.00 56.23 9.04 9.19 2.16 1158
Ky-18-14 incl. 62.48 63.00 0.52 18.49 15.45 0.96 0.13 32
Ky-18-14 incl. 67.00 67.60 0.60 13.59 13.05 0.09 0.05 14
Ky-18-14 incl. 76.00 80.50 4.50 14.27 12.08 0.31 0.30 59.8
Ky-18-16 77.20 77.72 0.52 33.48 4.47 7.85 0.72 478
Ky-18-17 10.43 11.00 0.57 11.72 6.37 0.10 6.08 14.5
Ky-18-17 67.00 67.50 0.50 7.23 6.05 0.21 0.15 27.5
Ky-18-18 72.50 73.50 1.00 2.74 2.04 0.09 0.11 19.6
Ky-18-19 13.02 13.72 0.70
1.05
Ky-18-20 32.00 32.28 0.28 10.75 2.39 1.82 0.87 164
Ky-18-21 145.50 147.00 1.50 8.26 2.31 0.89 0.81 156.6

Zinc equivalent (% Zn Equiv.) values for drill hole intersections are based on the following metal prices (as of January 16, 2019): Zinc US$2,467 / tonne (US$1.119 / lb.), Lead US$1,953 / tonne (US$0.886 / lb.), Copper US$5,881 / tonne (US$2.668 / lb.) and Silver US$15.605 per troy ounce. Metal recoveries of 100% were applied in the zinc equivalent calculations. The zinc equivalent calculation is as follows: Zn Equiv. = 100 x ((Ag Price in grams x Ag Grade) + (Pb Price x 2204.6 x Pb Grade (%) / 100) + (Cu Price x 2204.6 x Cu Grade (%) / 100) + (Zn Price x 2204.6 x Zn Grade (%) / 100)) / Zn Price x 2204.6.

Drill holes Ky-18-10 to Ky-18-13 were in-fill holes drilled east to slightly southeast at 45 to 57 degree dips. Drill holes Ky-18-14, Ky-18-21 and Ky-18-22 were collared closer to the vein system and at steeper dips (78-83 degrees) to intersect the vein system at a shallower angle to test continuity of mineralization along dip, locate possible ore shoots and gain a structural understanding of the vein’s vertical and horizontal orientations / extensions for targeted follow-up drilling. Hole Ky-18-21, drilled under Ky-18-14, tested the zone deeper. The mineralized intersection at 145.5-147 meters in this hole is the deepest intersection by the Company in the Elmtree 12 vein system and indicates the system is open at depth at this location. This interval also returned anomalous values for cobalt, including 0.07% Co over 1.0 meter core length.

The meta-sediments in the lower half of Ky-18-22 are intruded my mafic dykes, possibly cutting the vein system.

Drill holes Ky-18-15 and Ky-18-16 tested the extension of the Elmtree 12 vein system to the north. Ky-18-15 was drilled slightly northwest (approximate 55 degree dip). Ky-18-16 was drilled slightly southwest (approximate 73 degree dip). The metal rich intersection in Ky-18-16 indicates the mineralized system is open to the north at slightly deeper levels.

Drill holes Ky-18-17 and Ky-18-18 tested the Elmtree 12 vein system south of previous Company drilling. Mineralized veins and / or alteration was intersected in both holes, indicating the mineralized system to be open to the south.

Drill holes Ky-18-19 and Ky-18-20 were located southwest of the known extent of the Elmtree 12 vein system. These holes tested the extension of the high grade vein intersected in 2017 hole Ky-17-8. Ky-18-19 was drilled slightly northwest at an approximate 66 degree dip to intersect the vein deeper. Hole Ky-18-19 did not confirm the down-dip extension of the mineralized vein. Hole Ky-18-20 was drilled southwest at an approximate 55 degree dip. This hole intersected a near-surface narrow copper, lead, zinc and silver bearing zone (approximate 26 meters vertical depth) approximately 10 meters south of the high grade vein intersection of hole Ky-17-8.

Drill core from the 2018 program was geologically logged and sampled at a secure location in Miramichi, New Brunswick. Drill core samples were submitted to ALS Canada for gold analysis (Fire Assay-AA) and for 33 element analysis (including copper, lead, zinc and silver) by Four Acid and ICP-AES. Samples exceeding 1,500 g/t silver were re-analyzed for silver by Fire Assay-Gravimetric Finish. Quality Control samples were included as part of the sample submission. A Qualified Person verified the 2015, 2017 and 2018 exploration data for Great Atlantic. The Qualified Person managed these exploration programs at the Keymet Property.

Historic Keymet Mine (1950s)

The Company’s focus since acquiring the Keymet Property has been the northwest region of the property in the area of reported polymetallic veins with most work in the area of the Elmtree 12 copper-lead-zinc-silver bearing vein system. At least seven vein occurrences with lead, zinc and +/- copper, silver and gold are reported in this region of the property in addition to the polymetallic veins reported at the historic Keymet Mine (source: New Brunswick Dept. of Energy and Resource Development Mineral Occurrence Database). The Keymet Mine operated during the mid-1950s, producing copper, lead, zinc and silver. Production at this mine was terminated due to a fire at the site.

Significant precious metal – base metal deposits are reported within 4 km of the Keymet Property. The Elmtree gold deposits are located within 3 km west-southwest of the Keymet Property. The historic Nigadoo River Mine is located approximately 4 km south of the Keymet Property. Polymetallic massive sulfide veins were mined at the Nigadoo River Mine during the 1960s and 1970s with copper, lead, zinc and silver being produced. The N.B Dept. of Energy and Resource Development Mineral Occurrence Database reports shaft depth and production totals at this historic mine. Production during 1967-1971 is reported as 1.126 million tonnes at 2.2% Pb, 2.1% Zn, 0.24% Cu and 92.57 g/t Ag. Production during 1973-1977 (after a 2 year closure) is reported to be 0.733 million tonnes (only partial metal grades reported). The shaft is reported to at least 470 meter deep.

The Nash Creek Zinc Project of Callinex Mines Inc. is located approximately 15 kilometers northwest of the Keymet Property. Callinex Mines Inc. recently filed a 43-101 Technical Report (effective date March 21, 2018) which was completed by Tetra Tech Canada Inc. The report includes updated mineral resource estimates for the Nash Creek Zinc Project (Hickey and Hayes Zones) using a 1.5% Zn Equiv. cut-off. This included 13,592,000 tonnes indicated estimated resources at 2.68% Zn, 0.58% Pb and 17.8 g/t Ag; and 5,929,000 tonnes inferred estimated resources at 2.68% Zn, 0.47% Pb and 13.9 g/t Ag (source: Callinex Mines Inc. Website).

Readers are warned that mineralization at the Elmtree gold deposits, historic Nigadoo River Mine and Nash Creek Zinc Project is not necessarily indicative of mineralization on the Keymet Property.

Access to the Keymet Property is excellent with paved roads transecting the property, including a provincial highway. The property covers an area of approximately 3,400 hectares and is 100% owned by the Company.

Readers are warned that historical records referred to in this News Release have been examined but not verified by a Qualified Person. Further work is required to verify that historical records referred to in this News Release are accurate.

David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and VP Exploration for Great Atlantic, is responsible for the technical information contained in this News Release.

On Behalf of the board of directors

“Christopher R Anderson

Mr. Christopher R Anderson ” Always be positive, strive for solutions, and never give up “
President CEO Director
604-488-3900 – Dir

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, Antimony, Tungsten and Gold.