FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR FRA: PH02 Great Atlantic Begins 2022 Exploration Program At Its 100% Owned McDougall Road Antimony – Gold Project New Brunswick
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FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR
FRA: PH02
Great Atlantic Begins 2022 Exploration Program
At Its 100% Owned McDougall Road
Antimony – Gold Project
New Brunswick
VANCOUVER, British Columbia – September 1 4th, 20 22 - GREAT ATLANTIC
RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to
announce it has begun the 2022 exploration program at its 100% owned McDougall Road
Antimony- Gold Project, located in western New Brunswick. Prospecting and rock geochemical
sampling are currently underway in multiple regions of the pro perty. Great Atlantic previously
identified antimony and gold soil geochemical anomalies within the pro ject in the area of a
regional fault.
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The current prospecting and rock sampling program is more focussed within the southern region
of the McDougall Road Project in the reported area of the Woodstock fault (a regional structure
in western New Brunswick). The Company has located and sampled numerous quartz vein float
boulders in this area during the current program. Rock samples from the 2022 program will be
submitted to an independent, certified laboratory for gold assay and multi-element analysis.
The Golden Ridge gold deposit occurs approximately 13 km southwest of the McDougall Road
Project in the area f the Woodstock Fault. Readers are warned that mineralization at the Golden
Ridge deposit is not necessarily indicative of mineralization within the McDougall Road Project.
An antimony bearing vein was reported during the 1990s within the central region of the
McDougall Road Project, reported to be 12 centimeters wide of which a sample was reported to
return 11.6% antimony (after Hoy, 1998; Report of Work No. 475212 on file with the New
Brunswick Department of Natural Resources and Energy Development) . A qualified Person has
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not verified the reported vein / data for Great Atlantic. The Company has not located the reported
vein.
Great Atlantic identified local antimony and gold soil geochemical anomalies in the central
region of the McDougall Road Project during a 2015 geochemical survey with samples returning
up to 62 parts per million (ppm) antimony and up to 0.033 ppm gold. The samples were analyzed
by ALS Canada Ltd. for gold by Fire Assay – AA and for antimony by four acid – ICP-MS. ALS
Minerals is independent of Great Atlantic.
A Qualified Person supervised the 2015 exploration program at the McDougall Road Project.
The 2022 program is being supervised by a Qualified Person.
The property, totalling approximately 330 hectares, occurs within a n under -explored area of
western New Brunswick. There are no report s of diamond drilling within the project area as per
compilation by Great Atlantic management of historic exploration data for the project.
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
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Investor Relations: 1-416-628-1560 IR @ GreatAtlanticResources.com
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 Atla ntic 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.
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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
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 adeq uacy or accuracy
of this release.
Great Atlantic Resource Corp.
888 Dunsmuir Street - Suite 888, Vancouver, B.C., V6C 3K4