FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR FRA: PH02 Great Atlantic Begins 2022 Prospecting – Rock Geochemical Sampling At Its GOLD, COPPER, NICKEL, COBALT, ZINC Mascarene Property, Southern New Brunswick
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FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR
FRA: PH02
Great Atlantic Begins 2022 Prospecting – Rock Geochemical Sampling
At Its
GOLD, COPPER, NICKEL, COBALT, ZINC
Mascarene Property,
Southern New Brunswick
VANCOUVER, British Columbia , April 4 , 2022 - GREAT ATLANTIC RESOURCES
CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has begun
a prospecting and rock geochemical sampling program a t its Mascarene Property, located in
southern New Brunswick. Rock sampling is currently being conducted in the area of the Wheal
Louisiana copper – nickel – cobalt occurrence. Previous Great Atlantic rock sampling in this
area also confirmed gold mineralization.
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Two shafts were sunk at the Wheal Louisiana occurrence in the 1850s. Other historic pits exist in
this area. Limited sampling by Great Atlantic during 2020 confirmed copper and gold
mineralization in rubble adjacent to a shaft and a near -by pit in this target area. A rubble sample
of mafic rock returned 6.19% copper, 0.404 grams/tonne (g/t) gold and an anomalous value of
107 ppm cobalt. Two quartz vein rubble samples returned anomalous values for copper (up to
0.86% Cu) and gold (up to 0.19 g/t gold).
A small inactive quarry also exists in the area of the Wheal Louisiana occurrence with sulfide
(including chalcopyrite) bearing quartz veins in bedrock and quartz vein rubble. Great Atlantic is
conducting additional rock sampling in this area . Prospecting and rock geochemical sampling
are also planned during 2022 at other target areas within th e Mascarene Property including
areas where the Company has confirmed gold, copper and zinc mineralization in rubble
adjacent to historic workings (please see the Company’s website for results of previous rock
sampling at the Mascarene Property).
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Quarry rubble with copper sulfide (chalcopyrite) in quartz veins
Great Atlantic recently completed a five -hole diamond drilling program in the area of the Wheal
Louisiana occurrence with chalcopyrite bearing veins being intersected (Company news release of
March 16, 2022). The drill core from that program is currently being logged and sampled.
A broad northeast trending zone of magnetic high anomalies (identified during a 2001 government
airborne magnetic survey) transects the entire Mascarene Property. 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. The current prospecting and roc k
sampling is and will be conducted within and adjacent to this magnetic high trend.
The prospecting and rock sampling is being supervised by a Qualified Person. Rock samples will
be submitted to a certified laboratory independent of Great Atlantic for gol d assay and multi -
element analysis (including copper, nickel, cobalt and zinc).
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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.
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David Martin, P.Geo. (New Brunswick and Newfoundland and Labrador) , 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
President CEO Director
604-488-3900 – Office
Investor Relations: Andrew Job 1-416-628-1560 IR @ GreatAtlanticResources.com
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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 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, Gold, Copper, Zinc, Nickel, Cobalt, Antimony and Tungsten.
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 no t
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 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