FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR FRA: PH02 Great Atlantic Begins Exploration Program Expanding its Tungsten focus to Include Gold 100% Owned South Quarry Tungsten Property Located In The Exploits Subzone
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FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR
FRA: PH02
Great Atlantic Begins Exploration Program
Expanding its Tungsten focus to Include Gold
100% Owned South Quarry Tungsten Property
Located In The Exploits Subzone
Newfoundland
VANCOUVER, British Columbia September 23 2021 – GREAT ATLANTIC
RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to
announce it has begun the 2021 exploration program at its 100% owned 2,950 Hectare, South
Quarry Tungsten Property, located in east -central Newfoundland. The program will consist of
prospecting and rock - soil geochemical sampling , exploring for tungsten and gold
mineralization.
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The Property hosts hig h grade tungsten mineralization from two quarries exceeding 1%
WO3. The Property is located within the Exploits Subzone of the Newfoundland Dunnage
Zone. Recent significant gold discoveries are reported within the Exploits Subzone.
The 2021 program is focusing on the central - northern regions of the South Quarry Property ,
exploring for new zones of tungsten mineralization in high priority target areas identified by the
Company during previous exploration programs. These include areas of anomalous tungsten in
bedrock and / or in soil. One area of current focus is within the northeast region of the
property where 2015 soil samples returned highly anomalous tungsten values of 234 and 402
ppm. Tungsten bearing pegmatite veins occur in th e northern region of the property . Great
Atlantic confirmed high -grade tungsten mineralization (scheelite) in veins in this area during
2015 (News Release of November 19, 2015). Eleven quarry rubble grab samples exceeded 5%
WO3 (W % x 1.26 equals WO3%). A grab sample from a 25 -centimeter wide vein returned
11.94% WO3.
Tungsten bearing pegmatite veins at South Quarry
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The 20 21 program will also evaluate certain areas for gold mineralization . The Property is
underexplored with respect to gold. It is located within the eastern region of the Exploits
Subzone. The Exploits Subzone host s recently discovered gold discoveries, including those of
Marathon Gold Corp. (TSX.MOZ) at the Valentine Gold P roject, Sokoman Minerals Corp.
(TSXV.SIC) at the Moosehead Gold Project and New Found Gold Corp. (TSXV.NFG) at the
Queensway Project. Readers are warned that mineralization at the Valentine Gold Project,
Moosehead Gold Project, and Queensway Project is not necessarily indicative of mineralization
at the South Quarry Property.
Christopher R. Anderson, President, CEO. and Director, stated “Mr. Martin and Myself were an
integral part of the initial Management team that advanced the Sisson Tungsten -Molybdenum
Project in New Brunswick, an advanced stage project currently operated by Northcliff Resources
Ltd. We understand the tungsten market and feel that the South Quarry Tungsten Property,
although early stage, has the ear marks of being a significant asset for the company. We would
be happy to welcome a Joint Venture partner to assist in advancing the South Quarry Tungsten
Project.”
A qualified person verified the 2015 sample data stated in this news release and supervised the
2015 sampling. The 2015 samples (and lab -inserted blank, duplicate and standard samples) were
analyzed at ALS Canada Ltd. (ALS Canada is independent of Great Atlantic Resources).
Tungsten analysis was by lithium metaborate fusion followed by acid dissolution and ICP -MS
analysis with some samples re-analyzed by XRF.
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:
Andrew Job 1-416-628-1560
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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 statem ents 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 m aterially 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