Saturday, September 26, 2026
MiningNewsTerminal
Saturday, September 26, 2026 Admin

GR.V ·

Drill Program Commences at Kagoot Brook Co-MN Base Metals Project, New Brunswick. ___________________________________________________________________ Focused ON Exploring Atlantic Canada

Exploration Programs

TSX.v : GR

FRA : PH01

1

DRILL PROGRAM COMMENCES AT KAGOOT BROOK CO-MN BASE METALS

PROJECT, NEW BRUNSWICK.

___________________________________________________________________

FOCUSED ON EXPLORING ATLANTIC CANADA

VANCOUVER, British Columbia – December 18, 2018 – GREAT ATLANTIC

RESOURCES CORP. (TSX.v: GR) (the “Company” or “Great Atlantic”) is pleased to

announce its optionee Explorex Resources Inc. has mobilized crews to initiate the maiden drill program at

the cobalt-manganese base metals Kagoot Brook project in New Brunswick.

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 parts per million (1) in the silts.

Recent follow-up stream silt sampling programs performed by Explorex 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 indicating a favourable high cobalt tenor (that

is, grade component);

3. A distinct upstream cut-off of the cobalt mineralization.

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 greater-than-two-kilometre inferred

potential length of mineralization along the geological trend.

Kagoot Brook drill program

Explorex is taking advantage of a window of opportunity presented by a local drill company to complete

two holes prior to the Christmas break. This initial two-hole, 500-metre drill program is limited in scope

and designed to drill one partial transect across the target stratigraphy within the four-by-one-kilometre

target area.

Due to the near-Christmas timing of the drill program, it is anticipated that the core will be processed

when the technical crew returns to the project in the New Year, with results reported thereafter.

No drilling has ever been conducted and no source of the historic geochemical anomalies is known on the

property.

TSX.v : GR

FRA : PH01

2

(1) 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.

David Martin, PGeo, a qualified person as defined by National Instrument 43-101 and vice-president of

exploration for Great Atlantic, is responsible for the technical information contained in this news release.

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

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 t hat 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 d iffer 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