FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR FRA: PH01 Great Atlantic Commences Diamond Drilling At Its COPPER, COBALT, NICKEL, ZINC, GOLD Mascarene Property Southern New Brunswick
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FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR
FRA: PH01
Great Atlantic Commences
Diamond Drilling At Its
COPPER, COBALT, NICKEL, ZINC, GOLD
Mascarene Property
Southern New Brunswick
VANCOUVER, British Columbia, February 26 2021 - GREAT ATLANTIC RESOURCES
CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it begun its
maiden diamond drilling program at its Mascarene Property, located in southwest New Brunswick.
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The current drilling program is being conducted in an area of anomalous rock and soil samples
identified by the Company during 2020 and within the magnetic high trend. Rock samples
collected by the Company during 2020 prospecting and trenching programs returned
anomalous values for zinc and copper including bedrock samples of 7810 ppm zinc (0.781%
Zn), 5800 ppm zinc (0.58% Zn), 806 ppm copper and 583 ppm copper and a float sample
returning 1100 ppm copper . Some rock and soil samples from this area returned anomalous
values for gold. The drilling program will be a minimum 600 meters with at least 3 holes to be
completed.
The current drilling program is also testing within a broad northeast trending zone of magnetic
high anomalies (identified during a 2001 government airborne magnetic survey ). This zone of
magnetic high anomalies extends through the entire Mascarene Property, including the east region
where dr illing is underway. Gold, silver, copper, nickel , cobalt and / or zinc mineralization is
reported locally within and / or adjacent to this magnetic trend including two mineral occurrences
with historic workings (Oliver Cameron Mine and Wheal Louisiana Mine occurrences) and within
a small quarry referred to as the North Pit. Great Atlantic’s management speculate this magnetic
high trend to be associated with a buried mafic intrusion(s) and a possible target for mafic intrusive
hosted copper-nickel-cobalt deposits.
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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
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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.
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 perform ance 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, co ntinued 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