Focused ON Exploring Atlantic Canada Tsx.v: GR Fra: PH01 Great Atlantic Begins 2020 Work Program at Mascarene Property Southwest New Brunswick ________________________________________________________ ______
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FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR
FRA: PH01
GREAT ATLANTIC BEGINS 2020 WORK PROGRAM
AT MASCARENE PROPERTY
SOUTHWEST NEW BRUNSWICK
________________________________________________________ ______
FOCUSED ON EXPLORING ATLANTIC CANADA
VANCOUVER, British Columbia – July 8 , 2020 - GREAT ATLANTIC RESOURCES
CORP. ( TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has
begun the 20 20 exploration program at its Mascarene Property, located in southwest New
Brunswick. The Company is currently conducting prospecting and soil / rock geochemical
sampling in the east region of the proper ty in an area of reported gold, copper, cobalt and nickel
mineralization and historic shafts . This work includes the area of the Oliver – Oliver Cameron
historic workings where Great Atlantic 2018 mine dump rock samples returned up to 2.0 g/t
gold and 5.0% copper.
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Historic pits / shafts are reported in multiple regions of the Mascarene Property dating back to
the 1800s (N ew Brunswick. Dept. of Natural Resources and Energy Development Mineral
Assessment Reports and Mineral Occurrence Database files). Sulfide bearing veins are reported
at some of these sites. Great Atlantic located historic shallow pits and shafts in the east and west
regions of the Mascarene Property during 2018. Historic shafts are located within the east region
of the property at the Oliver and Oliver -Cameron workings. Great Atlantic is currently
conducting prospecting and rock / soil geochemical sampling in the area of the Oliver and Oliver
Cameron workings and the area of a small quarry referred to in historic reports as the North Pit
(located approximately 700 – 800 meters northeast of the Oliver Cameron workings). Reported
rock sample highlights within this target area include:
• Seven rock rubble samples collected by G reat Atlantic during 2018 in the area of the
Oliver and Oliver Cameron workings returned 1.84 – 5.02% copper and up to 2.01
grams per tonne (g/t) gold, up to 0.22% nickel and up to 0.14% cobalt (Company News
Release of October 17, 2018).
• Historic 2004 and 2011 rock samples from the area of th e North Pit are reported up to
0.45% copper, up to 0.31% cobalt and up to 0.30% nickel.
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A 2002 airborne magnetic survey conducted by the New Brunswick government identified
magnetic anomalies within the property including a broad magnetic anomaly or anomalies
extending through the area of the Oliver and Oliver Cameron workings and North Pit . G reat
Atlantic management speculate these anomalies to be associated with a buried mafic intrusion(s).
David Martin, VP Exploration for Great Atlantic states “the magnetic anomalies are target s for
mafic intrusive hosted copper -nickel-cobalt deposits. Reported shallow vein -type mineralization
at historic workings over magnetic anomalies may be indi cative of deeper mafic intrusive hosted
copper-cobalt-nickel mineralized bodies.”
Readers are warned that historic data for the North Pit referred to in this News Release have not
been verified by a qualified person.
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The Mascarene Property covers an area of approximately 2,080 hectares. The property is located
approximately 6 kilometers southwest of the town of Saint George. Access is excellent with
paved provincial roads transecting the property and within close proximity of the 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.
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
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 m ining 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.
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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 guarant ees 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 expl oration 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