Mr. Christopher Anderson reports

GREAT ATLANTIC ROCK SAMPLES RETURNS HIGH GRADE ANTIMONY

Great Atlantic Resources Corp. has received analytical results for bedrock rock samples collected from a section of an antimony-bearing vein at its Glenelg vanadium-gold-antimony property, located in New Brunswick.

Antimony-bearing (stibnite) vein at Glenelg property

Two samples returned high-grade antimony values including 13.75 per cent (6.36 kilograms sample weight) and 13.70 per cent (4.94 kilograms sample weight). A third sample returned 2.98 per cent antimony (6.34 kilograms sample weight).

Vein material with stibnite (antimony sulphide)

The antimony-bearing vein (stibnite-quartz-carbonate) is located within the southern region of the Glenelg property. Great Atlantic discovered the vein during 2022 of which the first grab sample returned 23.4 per cent antimony (sample weight of 1.83 kilograms or 4.03 pounds) (see company news release of Aug. 16, 2022). The vein occurs in a highway-cut bedrock exposure. Massive stibnite (antimony sulphide) occurs locally within the vein at the highway exposure. The vein strikes northwest and is steeply dipping. The vein is up to 0.6 metre wide in this highway cut (where the original 2022 grab sample was collected). Great Atlantic revisited the vein during 2023. Four rock samples were collected, all from an approximately 0.4-metre-wide-by-0.6-metre-long part of the vein at the highway exposure, sampling throughout this part of the vein exposure. These were larger samples compared with the single 2022 sample. All samples contain significant amounts of antimony with two samples returning high-grade antimony. All samples returned weakly anomalous gold values. The four samples collected within this part of the vein and respective antimony (Sb) and gold (Au) analyses and sample weights are as follows:

• 534277: 13.75 weight per cent Sb and 0.024 part per million (ppm) Au (6.36 kilograms -- 14.02 pounds);
• 534277A: 13.70 per cent Sb and 0.033 ppm Au (4.94 kilograms -- 10.89 pounds);
• 534277B: 2.98 per cent Sb and 0.014 ppm Au (6.34 kilograms -- 13.98 pounds);
• 534277C: 0.36 per cent Sb and 0.010 ppm Au (6.81 kilograms - 15.01 pounds).

The weighted average of the four rock samples collected within this approximately 0.4-metre-by-0.6-metre area of the vein is 7.22 per cent antimony (24.45 kilograms (53.90 pounds) total weight).

The 2023 prospecting and rock geochemical sampling at the Glenelg property was supervised by a qualified person. The 2023 rock samples documented in this news release were analyzed by ALS Canada Ltd. for gold by fire assay -- atomic absorption and for antimony by X-ray fluorescence (following lithium borate fusion). ALS Canada, a certified laboratory, is independent of Great Atlantic.

Part of the northern boundary of the Glenelg property borders the Clarence Stream project of Galway Metals Inc. Galway reported a National Instrument 43-101 resource estimate for the project during 2022, reporting total indicated resources of 12,396,000 tonnes at 2.31 grams per tonne gold (contained 922,000 ounces of gold and 9,605 tonnes of antimony) and total inferred resources of 15,963,000 tonnes at 2.60 g/t gold (contained 1,334,000 ounces of gold and 2,145 tonnes of antimony). Readers are warned that mineralization at the Clarence Stream project is not necessarily indicative of mineralization within the Glenelg property. David Martin, PGeo (New Brunswick and Newfoundland and Labrador), a qualified person as defined by NI 43-101 and vice-president, exploration, for Great Atlantic, is responsible for the technical information contained in this News Release.

About Great Atlantic Resources Corp.

Great Atlantic Resources 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 No. 1 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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