21:36:11 EST Wed 03 Dec 2025
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Great Atlantic Resources Corp (3)
Symbol GR
Shares Issued 64,860,075
Close 2025-12-03 C$ 0.08
Market Cap C$ 5,188,806
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Great Atlantic expands Nashwaak Lake property

2025-12-03 18:46 ET - News Release

Mr. Christopher Anderson reports

GREAT ATLANTIC EXPANDS NASHWAAK LAKE TUNGSTEN PROJECT NEAR SISSON, A STRATEGIC CANADIAN INFRASTRUCTURE ASSET - WESTERN NEW BRUNSWICK

Great Atlantic Resources Corp. has expanded, though mineral claim staking, its 100-per-cent-owned Nashwaak Lake tungsten property, located in western New Brunswick. The expansion has approximately tripled the size of the property, expanding it from approximately 222 hectares to approximately 645 hectares. Tungsten mineralization is reported at the property in bedrock and glacial float.

The company's Nashwaak Lake property is located approximately 2.5 kilometres northwest of the Sisson project (tungsten and molybdenum project) of Northcliff Resources Ltd. Canadian Prime Minister Mark Carney recently announced that the Sisson project is one of the projects that will be referred to the Major Projects Office (in Canada's Nation Building Projects List).

The Nashwaak Lake property comprises two mineral claims (claim No. 6811 and No. 12120). Claim No. 6811 was acquired by Great Atlantic during 2024 by means of a purchase agreement. Claim No. 12120 was staked by Great Atlantic during November, 2025, expanding the Nashwaak Lake property in various directions to the current area of approximately 645 hectares.

Great Atlantic's management have compiled historical exploration information for the area of the Nashwaak Lake property from reports of work on file with the New Brunswick Department of Natural Resources and Energy Development. These reports document soil and prospecting rock samples anomalous for tungsten and diamond drill holes intersecting tungsten mineralization within the area of the Nashwaak Lake property. Reported highlights include:

  • Two 2009 diamond drill holes by Geodex Minerals Ltd. were reported to intersect 3,064 parts per million tungsten (0.306 per cent W or 0.385 per cent WO3) over 1.55 metres core length and 4,330 ppm tungsten (0.433 per cent W or 0.545 per cent WO3) over 0.96 metre core length (Martin, 2010). These near-surface intercepts are reported to be within altered granite.
  • Four 2009 rock samples (from glacial float) collected by Geodex Minerals were reported to exceed 2,000 parts per million (ppm) tungsten with up to 2,830 ppm tungsten (0.283 per cent W or 0.356 per cent WO3) (Gallagher, 2009, and Martin, 2010).
  • A 2017 rock sample collected by the late Dave Stevens was reported to return 8,030 ppm tungsten (0.803 per cent W or 1.01 per cent WO3) (Stevens, 2018). The report of work indicates this sample to have been collected from glacial float.
  • Great Atlantic obtained sample data for rock samples collected by Mr. Stevens during 2022. A rock sample reported to have been collected from the area of the Nashwaak Lake property returned 20,300 ppm tungsten (2.03 per cent W or 2.55 per cent WO3). Great Atlantic's management are assuming this sample was collected from glacial float.
  • A 2016 soil sample collected by Dave Stevens was reported to return a highly anomalous value of 214 ppm tungsten (Steven, 2016).

The November expansion of the Nashwaak Lake property (staking of claim No. 12120) included areas of additional reported tungsten soil anomalies including a sample reported to return 85 ppm tungsten in the northern region of the property (Martin, 2010).

The Sisson project of Northcliff Resources Ltd. is located approximately 2.5 kilometres southeast of the Nashwaak Lake property. The Sisson project hosts the Sisson tungsten-molybdenum deposit. Northcliff reported mineral reserves at the Sisson deposit of 334.4 million tonnes of proven and probable reserves at 0.066 per cent WO3 and 0.021 per cent Mo and an NSR of $24.15/tonne (January, 2013, at $8.83/tonne NSR (net smelter return) cut-off).

Readers are warned that mineralization at the Sisson project is not necessarily indicative of mineralization at the Nashwaak Lake property.

Readers are warned that Great Atlantic has not verified tungsten soil anomalies or tungsten-bearing rock samples at the Nashwaak Lake property as stated in this news release.

David Martin, PGeo (New Brunswick and Newfoundland and Labrador), a qualified person as defined by National Instrument 43-101 and vice-president, exploration, for Great Atlantic, approved 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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