Focused ON Exploring Atlantic Canada Tsx.v: GR Fra: PH01 Great Atlantic Begins 2021 Exploration Progam at Its Glenelg Vanadium – GOLD Property Southwest New Brunswick ___________________________________________________________________
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FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR
FRA: PH01
GREAT ATLANTIC BEGINS 2021 EXPLORATION PROGAM
AT ITS GLENELG VANADIUM – GOLD PROPERTY
SOUTHWEST NEW BRUNSWICK
___________________________________________________________________
FOCUSED ON EXPLORING ATLANTIC CANADA
VANCOUVER, British Columbia –Aug - 19, 20 21 - GREAT ATLANTIC RESOURCES
CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has begun
the 2021 exploration program at its Glenelg Vanadium – Gold Property, located in southwest New
Brunswick. The Glenelg Property is located immediately south of the Clarence Stream Gold
Project of Galway Metals Inc. (TSXV.GWM).
The Glenelg Property hosts vanadium mineralization, with historic rock samples reported up to
0.42% V2O5. Through a review of historical information, the Company has identified target
areas for gold exploration within the property with historic rock samples from at least four areas
reported to exceed 1 g/t gold (including a sample reported to return 14 g/t gold).
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The current exploration consists of focused prospecting and rock geochemical sampling . Rock
samples are being collected within the Bocabec Gabbro, the target being vanadium – titanium
mineralization. Previous Company rock samples and historic rock samples have confirmed
vanadium and titanium mineralization within the Bocabec Gabbro.
A 2018 grab sample collected by the Company from a magnet ite rich layer in the Bocabec
Gabbro Complex returned 0.188% vanadium (0.33% V2O5), 10.3% TiO2 and 25.71% iron. This
sample was collected within the southeast region of the property. It was collected by a q ualified
person and was analyzed by ALS Canada Ltd. by XRF Fusion. Another 2018 bedrock grab sample
from the same southeast region of the property was reported to return 0.234% vanadium (0.42%
V2O5), 12.2%TiO and 28.8% iron. This sample was collected by one of the Company’s option
partners for the property and was not verified by a Qualified Person.
Layered Bocabec Gabbro Complex
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Prospecting and rock geochemical sampling are also being conducted in target areas for gold
mineralization within the central -west regions of the Glenelg Property. Three gold occurrences
(+/- silver and copper) are reported within the central region of the property. A historic (early
1900s) outcrop grab sample from one occurrence , reported a s quartz-sulfide breccia within
altered gabbro , was reported to return 1.33 grams / tonne (g/t) gold. Historic float samples
reported during the same period in the central -west regions of the property were reported to
return 2.7 and 2.2 g/t gold. A historic 2013 grab sample from a sulfide vein from the southeast
region of the property was reported to return 14 g/t gold. This mineralization has not been verified
by a Qualified Person.
A portion of the northern boundary of the Glenelg Property borders the Clarence Stream G old
Project of Galway Metals Inc. Galway reported a NI 43 -101 resource estimate for the project
during 2017, 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).
The Glenelg Vanadium Property is located within southwest New Brunswick approximately 17
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, copp er,
nickel, zinc, lead, gold and / or silver.
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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.
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 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.
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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 statem ents. 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 th ose 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