FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR FRA: PH02 Great Atlantic Rock Samples Returns High Grade Antimony 14 Pound Rock Sample 13.75 % Antimony 11 Pound Rock Sample 13.70 % Antimony Glenelg Vanadium - Gold -Antimony Property
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FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR
FRA: PH02
Great Atlantic Rock Samples Returns High Grade Antimony
14 Pound Rock Sample 13.75 % Antimony
11 Pound Rock Sample 13.70 % Antimony
Glenelg Vanadium - Gold -Antimony Property
Southwest New Brunswick
VANCOUVER, British Columbia – April 30, 2024 - GREAT ATLANTIC RESOURCES
CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has
received analytical results for bedrock rock samples collected from a section of an antimony
bearing vein at its Glenelg Vanadium,Gold,Antimony Property, located in New Brunswick.
Antimony (stibnite) bearing vein at Glenelg Property
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Two samples returned high grade antimony values including 13.75% (6.36 kilograms sample
weight) and 13.70% (4.94 kilograms sample weight). A third samples returned 2.98% antimony
(6.34 kilograms sample weight).
Vein material with stibnite (antimony sulfide)
The antimony bearing vein (stibnite-quartz-carbonate) is located within the southern region of the
Glenelg Property. Great Atlantic discovered the vein during 2022 of which the first grab sample
returned 23.4% antimony (sample weight of 1.83 kilograms or 4.03 pounds) (see Company News
release of August 16, 2022). The vein occurs in a highway-cut bedrock exposure. Massive stibnite
(antimony sulfide) occurs locally within the vein at the highway exposure. The vein strikes
northwest and is steeply dipping. The vein is up to 0.6 meters wide in this highway cut (where the
original 2022 grab sample was collected).
Great Atlantic revisited the vein during 2023 . Four rock samples were collected , all from a n
approximately 0.4 meters wide by 0.6 meters long part of the vein at the highway exposure,
sampling throughout this part of the vein exposure. These were larger samples compared to the
single 2022 sample. All samples contain significant amounts of antimony with two samples
returning high grade antimony. All samples returned weakly anomalous gold values. The four
samples collected within this part of the vein and respective antimony (Sb) and gold (Au) analyses
and sample weights are as follows:
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• 534277: 13.75 weight percent (%) Sb and 0.024 parts per million (ppm) Au
(6.36 kilograms - 14.02 pounds)
• 534277A: 13.70% Sb and 0.033 ppm Au (4.94 kilograms - 10.89 pounds)
• 534277B: 2.98 % Sb and 0.014 ppm Au (6.34 kilograms - 13.98pounds)
• 534277C: 0.36 % Sb and 0.010 ppm Au (6.81 kilograms - 15.01 pounds)
The weighted average of the four rock samples collected within this approximately 0.4 meters
by 0.6 meters area of the vein is 7.22% antimony (24.45 kilograms (53.90 pounds) total weight).
The 2023 prospecting and rock geochemical sampling at the Glenelg Property was supervised by
a Qualified Person. The 2023 rock samples documented in this news release were analyzed by
ALS Canada Ltd. for gold by fire assay – AA and for antimony by XRF (following lithium borate
fusion). ALS Canada Ltd., a certified laboratory, is independent of Great Atlantic.
Part of the northern boundary of the Glenelg Property borders the Clarence Stream Project of
Galway Metals Inc. Galway reported a NI 43 -101 resource estimate for the project during 2022,
reporting total Indicated resources of 12,396,000 tonnes at 2.31 g/t gold (contained 922,000 ounces
of gold and 9,605 tonnes of antimony) and total Inferred resources of 15,963,000 tonnes at 2.60
g/t gold (contained 1,334,000 ounces of gold and 2,145 tonnes of antimony).
Readers are warned that mineralization at the Clarence Stream Project is not necessarily indicative
of mineralization within the Glenelg 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: 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.
Canada’s 31 Critical Minerals Antimony being one of them.
https://www.canada.ca/content/dam/nrcan-rncan/site/critical-minerals/Critical-minerals-strategyDec09.pdf
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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. A lthough 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 adequacy or accuracy of this
release.
Great Atlantic Resource Corp.
888 Dunsmuir Street - Suite 888, Vancouver, B.C., V6C 3K4