Great Atlantic Resources Sample Returns 1.10% WO3 from New Target Area at Its 100% Owned South Quarry Tungsten Property, Central. Newfoundland ___________________________________________________________________ Focused ON Exploring Atlantic Canada
1
TSX.v: GR
FRA: PH01
GREAT ATLANTIC RESOURCES SAMPLE RETURNS 1.10% WO3
FROM NEW TARGET AREA
AT ITS 100% OWNED SOUTH QUARRY TUNGSTEN PROPERTY,
CENTRAL. NEWFOUNDLAND
___________________________________________________________________
FOCUSED ON EXPLORING ATLANTIC CANADA
VANCOUVER, British Columbia – January 22, 2020 – GREAT ATLANTIC RESOURCES
CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has
received analyses for samples collected within a new target area at its 100% owned South Quarry
Tungsten Property, located in east -central Newfoundland. Multiple samples returned anomalous
tungsten values. The highlight was a bedrock grab sample , weighing 1.02 kilograms, which
returned 0.871% tungsten or 1.10% WO3 (W% x 1.26 equals WO3). The new target area is
located within the northern region of the property and northeast of the quarry referred to as the
South Quarry. The Company previously confirmed high grade tungsten at the South Quarry.
Tungsten mineralization in the new target area
occurs in quartz-dominant veins being exposed in
bedrock at a historic trench / stripped area. A grab
sample from one vein returned 1.10% WO3.
2015 Great Atlantic high -grade tungsten samples
from rubble and bedrock at the South Quarry and
an adjacent smaller quarry (News Release of
November 19, 2015) include:
Eleven rubble grab samples exceeded 5% WO3.
A 20-centimeter long channel sample along a
15-centimeter wide vein returned 2.96% WO3.
A grab sample from a 25-centimeter wide vein in
the South Quarry returned 11.94% WO3.
2
Historic trench / stripped area in new target area with tungsten-bearing quartz-dominant veins
Tungsten mineralization (scheelite) was located during the 2019 program within a new target area
in the northern region of the property. Scheelite-bearing, quartz-dominant veins were located
within bedrock at a historic trench / stripped area in this new target area. A Qualified Person
supervised the 2019 program and verified sample data. The samples were analyzed by ALS Canada
Ltd., including tungsten analysis by Lithium Borate Fusion followed by ICP -MS analysis. ALS
Canada Ltd. is independent of Great Atlantic. A grab sample from a sub -vertical, northwest -
southeast striking, quartz-dominant vein (approximately 3 centimeters wide) returned 0.871% W
(1.10% WO3). Four other outcrop grab and rubb le samples of quartz-rich vein material from the
same area returned anomalous values of 42 to 177 parts per million (ppm) tungsten.
3
A Qualified Person also supervised the 2015 program and verified the sample data. The 2015
samples were also analyzed at ALS Canada Ltd. by Lithium Borate Fusion followed by ICP-MS
analysis with some samples re-analyzed by XRF.
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.
Christopher R. Anderson, President, CEO. and Director, stated “ Mr. Martin and Myself were an
integral part of the initial Management team that advanced the Sisson Tungsten -Molybdenum
Project in New Brunswick, an advanced stage project currently operated by Northcliff Resources
Ltd. We understand the tungsten market and f eel that the South Quarry Tungsten Property,
although early stage, has the ear marks of being a significant asset for the company.”
The South Quarry Property covers an area of 1,925 hectares. Access to the property is excellent
with a paved road transecting the property.
4
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
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.
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 statem ents. 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 th ose 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 bu siness
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