Great Atlantic Acquires Southwest Golden Promise Properycovering 7.6 and 6.7 G/T GOLD Samples Central Newfoundland ________________________________________________________ ______ Focused ON Exploring Atlantic Canada

1

TSX.v: GR

FRA: PH01

GREAT ATLANTIC ACQUIRES

SOUTHWEST GOLDEN PROMISE PROPERYCOVERING

7.6 AND 6.7 G/T GOLD SAMPLES

CENTRAL NEWFOUNDLAND

________________________________________________________ ______

FOCUSED ON EXPLORING ATLANTIC CANADA

VANCOUVER, British Columbia – February 20, 2019 - GREAT ATLANTIC RESOURCES

CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has

acquired, through staking, the Southwest Golden Promise Property, located in the central

Newfoundland gold belt. The property , covering an area of 1000 hectares , is centered

approximately 4 kilometers west of the southern -most region of the Company’s Golde n Promise

Property. The Southwest Golden Promise Property covers gold soil anomalies (up to 7.6 g/t) and

reported gold-bearing quartz float (up to 6.7 g/t).

Highlights for the Southwest Golden Promise Property include:

• Historic (2008) approximately 260-meter long northeast-southwest gold soil anomaly

trend including one reported sample of 7,667 ppb gold (7.6 g/t gold).

• Historic (2009) quartz float samples returning 6.78 & 2.44 g/t gold within anomalous

soil trend.

• Reported visible gold in historic panned soil samples.

• Within the Exploits Sub-Zone adjacent to and along the southeast margin of the Red

Indian Line, a major (Appalachian-scale) collisional boundary, and suture zone.

2

3

The primary target within the Southwest Golden Promise Property is an approximately 260-meter

long northeast-southwest trending zone of historic gold soil anomalies. Multiple 2008 soil samples

within this trend are reported to have returned anomalous values for gold including eight samples

in the 36-82 ppb gold range. Two quartz float samples collected during 2009 within this anomalous

zone were reported to 6.78 g/t and 2.44 g/t gold. Panned soil samples at two of three sites within

this anomalous zone were reported to yield gold flakes.

Great Atlantic’s Golden Promise Property is located east and northeast of the Southwest Golden

Promise Property. The Golden Promise Property remains the Company’s focus in the central

Newfoundland gold belt. The Golden Promise Property hosts multiple gold bearing quartz veins,

the most advanced being the Jaclyn Main Zone. The Company recently announced a mineral

resource estimate for the Jaclyn Main Zone (see the Company’s News Release of December 6,

2018). A gold bearing vein referred to as Linda / Snow White vein occurs in the southwest region

of the Golden Promise Property. Reported historic surface samples at the Linda /Snow White vein

include grab samples of 105 and 232 g/t gold and a channel sample of 29.7 g/t gold over 0.5 meters.

The best reported historic drill hole intersection (2006) at the Linda / Snow White vein was 19.5

g/t gold over 1.15 meters (core length).

Similar to the Company’s Golden Promise Property, t he Southwest Golden Promise P roperty is

located within the Exploits Subzone of the Newfoundland Dunnage Zone. Within the Exploits

Subzone, both properties lie along the north-northwestern fringe of the Victoria Lake Supergroup

(VLSG), a volcano -sedimentary terrane . The northwestern margin of both properties occurs

proximal to, and, in part, contiguous with a major (Appalachian -scale) collisional boundary, and

suture zone, known as the Red Indian Line (RIL). The RIL forms the western boundary of the

Exploits Subzone. Recent significant gold discoveries in this region of the Exploits Subzone

include those of Sokoman Iron Corp. (TSXV.SIC) at the Moosehead Project and Marathon Gold

Corp. (TSXV.MOZ) at the Valentine Lake Gold Camp.

Sokoman Iron Corp. (TSXV.SIC) recently announced a high -grade gold discovery on its

Moosehead Property, located approximately 40 kilometers east -northeast of the Golden Promise

Property. The discovery was made during the 2018 diamond drilling program. A drill intersection

of 44.96 g/t gold over 11.90 meters core length was reported including a 1.35 meter s core length

quartz vein intersection of 385.85 g/t gold (Sokoman Iron Corp. News Release of July 24, 2018).

The Valentine Lake Gold Camp of Marathon Gold Corp. (TSXV.MOZ) is located approximately

55 kilometers southwest of the Golden Promise Property. As reported on Marathon’s website, the

Valentine Lake Gold Camp currently hosts four near -surface, mainly pit -shell constrained,

deposits with measured and indicated resources totaling 2,691,400 oz. of gold at 1.85 g/t gold and

inferred resources totalling 1,531,600 oz. of gold at 1.77 g/t. Readers are warned that

mineralization at the Moosehead Property and Valentine Lake Gold Camp is not necessarily

indicative of mineralization on the Golden Promise Property.

4

Readers are warned that historical records referred to in this News Release have been examined

but not verified by a Qualified Person. Further work is required to verify that historical records

referred to in this News Release are accurate.

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.

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.

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:

Please call 604-488-3900

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 t hat 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