Mr. Christopher Anderson reports
GREAT ATLANTIC COMMENCES 2025 EXPLORATION PROGRAM
AT ITS GLENELG GOLD-ANTIMONY-VANADIUM PROPERTY
Great Atlantic Resources Corp. has begun the 2025 exploration program at its Glenelg gold-antimony-vanadium property, located in southwestern New Brunswick.
Prospecting and rock geochemical sampling are now under way within the Glenelg property, including areas of gold, antimony and vanadium mineralization in bedrock and areas of anomalous lithium in bedrock and glacial float boulders.
Gold-bearing outcrop -- 2023 and 2024 samples yielding 0.5 gram per tonne and 0.46 g/t gold
One area of 2025 focus is the Johnson Lake gold-silver mineral occurrence, reported in the south-central region of the Glenelg property (New Brunswick Department of Natural Resources and Energy Development, mineral occurrence database, reference No. 1304). Great Atlantic confirmed highly anomalous levels of gold during 2023 in an outcrop in this area, with a grab sample returning 0.501 g/t gold (see news release dated Nov. 30, 2023). Great Atlantic collected another grab sample from this outcrop during 2024, which returned a highly anomalous value of 0.462 g/t gold. This outcrop is altered and pyrite-bearing.
A second area of 2025 focus in within the south-central region of the property in the area of an antimony-bearing vein (quartz-carbonate-stibnite) discovered during 2022 with high-grade antimony. The vein occurs in a highway-cut bedrock exposure. Massive stibnite (antimony sulphide) occurs locally within the vein at the exposure. An initial 2022 grab sample (1.83 kilograms sample weight) returned a high-grade antimony value of 23.4 per cent (see news release dated Aug. 16, 2022). The northwest-striking and steeply dipping vein is up to 0.6 metre wide, where the 2022 grab sample was collected. Four samples were collected from the same section of the vein during 2023 (within an approximately 0.6 m by 0.4 m area), including two samples returning high-grade antimony values of 13.75 per cent (6.36-kilogram sample weight) and 13.7 per cent (4.94-kilogram sample weight) (see news release dated April 30, 2024).
Antimony-bearing (stibnite) vein at Glenelg
A third area of 2025 focus is within the northern region of the property, where 2023 rock samples returned anomalous lithium values (see news release dated March 14, 2024). An outcrop grab sample from a highly oxidized and locally faulted outcrop returned an anomalous value of 820 parts per million lithium. A grab sample from a granite boulder with quartz veins returned an anomalous value of 920 ppm lithium. The distance between these two rock sample locations is approximately 320 metres in a northwest-southeast direction.
Local sampling of the Bocabec gabbro is also planned during 2025 to analyze for vanadium. A 2018 outcrop grab sample from the Bocabec gabbro (southeastern region of the property) returned 0.33 per cent vanadium pentoxide (see news release dated May 6, 2019).
Prospecting and rock geochemical sampling, as well as soil geochemical sampling and geophysical surveys, are currently planned during 2025 within the Glenelg property to define trenching and diamond drilling targets. Rock and soil samples collected during 2025 will be submitted to an independent, certified laboratory for gold and multielement analysis.
Gold analysis of the 2023 and 2024 rock samples discussed in this news release was by fire assay/atomic absorption, while antimony analysis of 2022 and 2023 rock samples discussed in this news release was by XRF (X-ray fluorescence), following lithium borate fusion. The 2023 rock samples yielding anomalous lithium values were analyzed by four-acid digestion/ICP-AES analysis. Vanadium analysis of the 2018 rock sample discussed in this news release was by XRF fusion. ALS Canada Ltd., a certified laboratory independent of Great Atlantic, conducted the analysis of these rock samples.
The 2018-to-2024 exploration programs at the Glenelg property were supervised by a qualified person, while the 2025 exploration program is being supervised by a qualified person.
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 g/t 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/Newfoundland and Labrador), a qualified person as defined by NI 43-101, vice-president of exploration, 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. 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.
We seek Safe Harbor.
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