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Great Atlantic Thanks Gemological Institute of America (GIA) for Emerald-Related Research Visit 100% Owned South Quarry Tungsten Property, Newfoundland

Corporate Updates

Great Atlantic Thanks Gemological Institute of

America (GIA) for Emerald-Related Research

Visit

100% Owned South Quarry Tungsten Property, Newfoundland

Vancouver, British Columbia--(Newsfile Corp. - July 12, 2024) -

GREAT ATLANTIC RESOURCES

CORP. (TSXV: GR) (the "Company" or "Great Atlantic")

is pleased to thank the Gemological

Institute of America (GIA) and Rhiana Henry (a post-doctoral research fellow) for Rhiana's recent

research visit to the Company's South Quarry Property, located in south-central Newfoundland.

The visit

focused on an area where Great Atlantic confirmed beryl crystals and is evaluating emerald

potential.

Rhiana Henry of

Gemological Institute of America in the middle,

with

Great Atlantic Representatives Victoria McConnell & Mervin Dolland (July 3

rd

, 2024)

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Rhiana Henry visited the South Quarry Property on behalf of the GIA on July 3

rd

to meet Great Atlantic

representatives and Art Gardiner (a well-known Newfoundland based prospector) and to collect rock

samples as part of on-going emerald-related research. The visit was conducted in an area where the

Company has sampled green beryl crystals for emerald potential evaluation. Emerald gemstone is a

variety of the mineral beryl. Rhiana Henry is a post-doctoral research fellow who studies mineralogy and

geology for gem purposes.

Beryl Crystals from South Quarry

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Beryl Crystals from South Quarry

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Rhiana Henry of GIA and Prospector Art Gardner

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Great Atlantic's primary exploration focus at the South Quarry Property is tungsten. The Company

confirmed tungsten mineralization in various regions of the property including high grade tungsten

mineralization in samples in the northern region of the property in the area of two quarries. Numerous

2015 Great Atlantic samples from these two quarries exceeded 1% WO3 (see Company news release

of November 19, 2015).

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The South Quarry Property consists of six mineral licences covering an area of 2,550 hectares, located

in south-central Newfoundland. Access to the property is excellent with a paved road transecting the

property.

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, verified beryl crystals during 2015 and 2024 field

work at the South Quarry Property.

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

[email protected]

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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,

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 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

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/216231