FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR FRA: PH02 Great Atlantic to Begin Trenching Program 100% Owned Golden Promise Gold Property Central Newfoundland ___________________________________________________________________
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FOCUSED ON EXPLORING ATLANTIC CANADA TSX.v: GR
FRA: PH02
Great Atlantic to Begin Trenching Program
100% Owned
Golden Promise Gold Property
Central Newfoundland
___________________________________________________________________
FOCUSED ON EXPLORING ATLANTIC CANADA
VANCOUVER, British Columbia June 6, 2024 - GREAT ATLANTIC RESOURCES
CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) , is pleased to announce its wholly
owned subsidiary, Golden Promise Mines Inc., will begin an excavator trenching program in early
June at its Golden Promise Gold Property, located in central Newfoundland.
Three trenches are planned within the southwest region of the property in an area of gold soil
geochemical anomalies and rock samples containing anomalous levels of gold.
Gold Bearing Boulder Near Planned Trench No. 1 Site – 0.44 G/T Gold (2023 sample)
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The trenching will be
conducted in the
southwest region of
the Golden Promise
Property within
Mineral Licence
036105M. The three
planned trenches
will test areas of gold
soil anomalies up to
77 parts per billion
(ppb) gold . The first
two trenches will
also test area s of
rock samples
(outcrop and glacial float boulders) which yielded anomalous gold values including 0.44, 0.57
and 1.04 grams / tonne gold. The soil and rock samples were collected by Great Atlantic during
2018-2023 programs (see Company news releases for exploration is this region).
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The Golden Promise Property hosts gold bearing quartz veins in various regions of the property
including the Jaclyn Zone quartz vein systems, Shawn’s Shot quartz vein, Otter Brook occurrence,
Linda / Snow White quartz vein system and the Gabbro Zone occurrence. The June 2024
trenching program will be conducted approximately 3.5 to 4.0 kilometers northeast of Linda /
Snow White gold bearing quartz vein system.
The Golden Promise Gold Property is the largest and most advanced of eight central
Newfoundland gold properties owned by Golden Promise Mines Inc. and located within the
Exploits Subzone of the Newfoundland Dunnage Zone. One of these properties (Golden Trust) is
located within one kilometer of the Valentine Gold Mine of Calibre Mining Corp. (TSX: CXB;
OTCQX: CXBMF) which is also located within the Exploits Subzone. Readers are warned that
mineralization at the Valentine Gold Mine is not necessarily indicative of mineralization at the
Golden Promise Property or any of the other central Newfoundland gold properties of Golden
Promise Mines Inc.
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.
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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.
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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 a ctual 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