Great Atlantic Channel Sample program Returns 17.3% Zinc, 6.6% Lead, 4.6% Copper, 111 G/T Silver and 1.0 G/T Gold Grab Samples Return up to 40.8% Zinc, 8.3% Copper, 148 G/T Silver and 2.2 G/T Gold Pilley’s Island, Newfoundland
1
Great Atlantic
Channel Sample program Returns
17.3% Zinc, 6.6% Lead, 4.6% Copper, 111 G/T Silver and 1.0 G/T Gold
Grab Samples Return up to
40.8% Zinc, 8.3% Copper, 148 G/T Silver and 2.2 G/T Gold
Pilley’s Island, Newfoundland
___________________________________________________________________
FOCUSED ON EXPLORING ATLANTIC CANADA
(TSXV : GR)
(FRA: PH01)
VANCOUVER, British Columbia – December 14, 2017 – GREAT ATLANTIC RESOURCES CORP. (TSXV.GR)
(the “Company” or “Great Atlantic”) is pleased to announce it has received analytical results for a
second batch of rock samples collected during a recent trenching program at its Pilley’s Island Base
Metal – Precious Metal Property, located in north-central Newfoundland. The samples included channel
and grab samples from a recently excavated trench referred to as the Bull Road T rench. Results for
channel samples included 15.40% Zn, 6.60% Pb, 4.66% Cu, 111.5 g/t Ag and 1.008 g/t Au over 1.05
meters and 17.30% Zn, 0.10% Pb, 2.97% Cu, 31.2 g/t Ag and 0.449 g/t Au over 0.70 meters. Grab
samples of trench bedrock returned up to 40.8% Zn, 5.50% Pb, 8.38% Cu, 148.1 g/t Ag and 2.275 g/t Au.
The property hosts an historic copper mine along with zinc, lead, copper (+ / - gold, silver) occurrences.
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The second batch of trench rock samples were collected at the recently excavated Bull Road Trench,
located at the Bull Road S howing. Reported h istoric trench samples at Bull Road include 12.4 2% Zn,
3.87% Cu, 0.95% Pb and 0.71 oz./ton Ag over 4.6m. One historic drill hole at this showing was reported
to intersect 22. 2% Zn, 4.4% Pb, 0.1% Cu and 0 .96 oz. / ton Ag over 0.65m core length within an
intersection of 7.85m grading 3.41% Zn, 0.66% Cu, 0.51% Pb, and 0.34 oz./ton Ag. The recent trenching
program included re-opening and re-evaluating the historic Bull Road Showing.
Recent trenching along the trace of the Bull Road Showing exposed mineralization over a northwest-
southeast length of 130m with a width varying between 1 -7m. The Bull Road Showing is a polylithic
slump breccia of volcanogenic massive sulphide mineralization containing mass ive sulphide clasts up to
greater than a metre in length. Five initial rock grab samples included two samples of massive sulfide
clasts returning 27.50% Zn, 20.00% Pb, 5.78% Cu and 63.4 g/t Ag; and 16.40% Zn, 6.50% Pb, 2.02% Cu
and 41.7 g/t Au, while a sam ple of another sulfide clast returned 8.36% Cu (News Release of November
16, 2017).
The second batch of r ock samples from the Bull Road Trench consisted of eight channel samples and
seven grab samples, all from clasts of semi-massive sulfide to massive sulfide, including some with pyrite
dominant (containing lesser base metal sulfides). The samples were analyzed at Eastern Analytical in
Springdale, Newfoundland. The analytical results for the 15 samples are presented in the table below.
SAMPLE Channel/
Orientation Trench Au Cu Pb Zn Ag
NUMBER Grab
Length
(m) (Degrees) Location g/t % % % g/t
1256001 Channel 0.95 045 23m SE 0.613 2.83 0.73 3.95 62.2
1256002 Channel 1.05 035 25.5m SE 1.008 4.66 6.60 15.40 111.5
1256003 Channel 0.70 010 15m SE 0.449 2.97 0.10 17.30 31.2
1256004 Channel 1.00 045 13.2m SE 0.274 2.37 0.10 0.61 19.3
1256005 Channel 1.00 045 13.2m SE 0.563 3.27 0.03 2.96 30.4
1256006 Channel 0.70 060 7.7m SE 0.404 2.49 0.04 1.85 24.2
1256007 Channel 1.00 050 3m SE 0.244 0.81 0.14 0.38 21.9
1256008 Channel 1.00 050 3m SE 0.360 1.25 0.09 0.49 15.8
1256009
Rubble
Grab 92m NW 0.374 4.88 0.02 1.32 15.1
1256010 O/C Grab 70m NW 0.436 5.38 0.06 1.07 33.9
1256011 O/C Grab 70m NW 1.409 6.00 4.49 40.30 22.2
1256011 Duplicate O/C Grab 70m NW 1.366 6.08 4.69 40.80 22.5
1256012 O/C Grab 6m NW 1.421 8.38 1.30 32.60 148.1
1256013 O/C Grab 5m NW 2.275 5.06 0.01 0.49 38.0
1256014 O/C Grab 2.5m SE 0.325 4.22 5.50 36.40 59.9
1256015 O/C Grab 17m SE 0.395 4.67 1.81 14.90 30.9
The channel samples were collected in the southeast region of the trench within an approximate 22
meter section of the trench. The channels samples were collected across selected clasts at generally
right angles to the long dimension of the clasts. Samples 1256004 and 1256005 were from one
continuous 2 meter long channel. Samples 1256007 and 1256008 were also from one continuous 2
meter long channel. The objective was to obtain preliminary data on metal content of clasts. The limited
grab sampling extended into the northwest region of the trench, with grab samples collected locally
within an approximate 100 meter long section of the trench.
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4
Bull Road Trench
Massive sulfide mineralization at Bull Road Trench.
5
Massive sulfide mineralization at Bull Road Trench
Massive sulfide mineralization at Bull Road Trench
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Great Atlantic is planning a diamond drilling program for 2018 at the Bull Road showing. Additional
channel sampling is planned for 2018 at the Bull Road Trench.
The Pilley’s Island Property hosts a n historic mine with reported historic estimated reserves of 1.159
million tonnes grading 1.23% Cu or 627,373 tons at 2.34% Cu and 0.01 oz. / ton Au. The Property also
hosts other base metal – precious metals occurrences including the Bull Road showing and Fragmental
Zone.
The Pilley’s Island Property consists of 7 adjoining licences covering a total are of 875 hectares. Access to
and infrastructure at the property is excellent. The property is serviced with power mains and
government maintained roads and is within 2 km of tide water. The property is located within a mining
friendly district.
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 assays referred to in this
News Release are accurate.
David Martin , P.Geo. , a Qualified Person s as defined by NI 43 -101, 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
“Lorne Mann”
Director
Investor Relations:
Kaye Wynn Consulting Inc
604-558-2630, Toll Free – 888-280-8128
E-mail: [email protected]
This press release includes certain statements that may be deemed “forward -looking statements”. All statements in this release, other than
statements of hi storical 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 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