FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR FRA: PH02 Great Atlantic Completes Drilling Program Intersects Base Metal Sulfides in Semi-Massive Sulfide Veins and Indicator Mineral for Gold Mineralization
1
FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR
FRA: PH02
Great Atlantic Completes Drilling Program
Intersects Base Metal Sulfides in Semi-Massive Sulfide Veins and
Indicator Mineral for Gold Mineralization
100% Owned Keymet Precious & Base Metal Property,
New Brunswick
__________________________________________________________________
VANCOUVER, British Columbia – October 14, 2021 – GREAT ATLANTIC ESOURCES
CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it is
completed the 2021 diamond drilling program at its Keymet Base Metal – Precious Metal Project,
located in Northern New Brunswick. The drilling program, consisting of 10 holes (2,061 meters)
tested testing numerous targets in the northwest region of the property. Veins containing semi -
massive sulfides (including copper, zinc and lead sulfides ) and arsenopyrite (an indicator for
potential gold mineralization) were intersected in multiple holes. Analytical results are pending.
Sphalerite mineralization in drill hole Ky-21-30
2
The ten drill holes (Ky-21-23 to Ky -21-32) tested areas of polymetallic (zinc, copper, lead and
silver) veins; untested electromagnetic anomalies; and gold bearing bedrock and float.
The Company previously discovered high grade gold, silver, copper and zinc in this region,
including a drill intercept of 9.04% zinc, 9.19% copper and 1,158 gams per tonne (g/t) silver over
3.00 meters core length and a boulder sample returning 51 grams / tonne (g/t) gold.
Seven drill holes intersected veins hosting copper, zinc and / or lead sulfide mineralization ,
including veins with semi -massive sulfides. These include drill holes Ky -21-23 which tested the
possible extension of the Elmtree Silver Mine vein occurrence southeast of the historic shaft; Ky-
21-25 which tested a new target area; Ky-21-27, Ky-21-28, Ky-21-30, and Ky-21-31 which tested
the Elmtre e 12 polymetallic vein system; and Ky -21-29 which was the first drill hole into an
electromagnetic anomaly.
Six drill holes (Ky -21-25 to Ky -21-30) intersected intervals with arsenopyrite mineralization.
Previous work by the Company has identified gold min eralization associated with arsenopyrite
mineralization in this region of the property.
The drill core is being geologically logged and with mineralized intervals (with base metal sulfides
and arsenopyrite) being sampled. Half core samples will be submitted to an independent laboratory
for multi-element analysis (including gold, zinc, copper, lead and silver).
High grade silver and lead is reported at the Emtree Silver Mine historic workings by the New
Brunswick Department of Energy and Resource Development.
3
Great Atlantic discovered high -grade zinc, copper and silver mineralization at th e Emtree 12
polymetallic vein system during 2015 - 2018 drilling programs including:
• Ky-15-3: 16.68% Zn, 1.11% Cu, 0.44% Pb and 152 g/t Ag over 1.80 meters.
• Ky-15-4: 8.68% Zn, 0.29% Cu, 0.20% Pb and 44 g/t Ag over 4.28 meters.
• Ky-17-6: 7.67% Zn, 1.57% Cu, 0.48% Pb and 209 g/t Ag over 4.95 meters.
• Ky-18-10: 7.91% Zn, 0.53% Cu, 0.21% Pb and 77 g/t Ag over 3.27 meters.
• Ky-18-12: 8.90% Zn, 3.81% Cu, 0.60% Pb and 157 g/t Ag over 1.20 meters.
• Ky-18-14: 9.04% Zn, 9.19% Cu, 2.16% Pb and 1,158 g/t Ag over 3.00 meters.
• Ky-18-14: 12.08% Zn, 0.31% Cu, 0.30% Pb and 59 g/t Ag over 4.50 meters.
The Company is also conducting prospecting and rock / soil geochemical sampling during 2021
in the central region of the property with a focus on gold. The 2021 exploration program at the
Keymet Property is being managed by a Qualified Person.
4
Historic Keymet Base Metal - Silver Mine (1950s)- burnt down and was never recapitalized
Located 8KM away from the previous operating
Nigadoo Mine that operated for over twenty years
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.
Historic gold bearing samp les and gold soil anomalies referred to in the news release have not
been verified by a Qualified Person.
The Keymet Property covers an area of approximately 3,400 hectares and is 100% owned by the
Company.
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
Investor Relations:
Andrew Job 1-416-628-1560 IR @ GreatAtlanticResources.com
Office Line 604-488-3900
5
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 Atl antic 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 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 explo itation 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