Mr. Christopher Anderson reports

GREAT ATLANTIC ADVANCES GOLDEN PROMISE WITH SPRING 2026 TRENCHING ACROSS TWO HIGH-PRIORITY TARGET ZONES - CENTRAL NEWFOUNDLAND

Great Atlantic Resources Corp.'s wholly owned subsidiary, Golden Promise Mines Inc., is planning a program of excavator trenching during May and June at the company's 100-per-cent-owned Golden Promise property, located in central Newfoundland.

"Central Newfoundland continues to be one of the most compelling gold exploration addresses in Atlantic Canada, and Golden Promise sits right in the heart of it. We look forward to reporting results from both target zones as we execute this program in May and June," stated Christopher Anderson, chief executive officer of Great Atlantic.

Trenching is planned within the southwestern and eastern-central regions of the Golden Promise property. Golden Promise has received approvals from the Newfoundland and Labrador government for the planned trenches.

The company is planning three trenches in the southwestern region of the property (within mineral licence 036105M) in an area of multielement soil geochemical anomalies identified by the company along a 2024 northeastern-southwestern reconnaissance soil sampling traverse. Five consecutive soil samples along this traverse over a total length of approximately 150 metres returned anomalous gold values of seven parts per billion, 44 ppb, 53 ppb, 83 ppb and nine ppb gold. Some of these samples returned anomalous values for silver (up to 3.9 parts per million), copper (up to 121 ppm), molybdenum (up to 44 ppm), antimony (up to 28 ppm), zinc (up to 225 ppm), arsenic (up to 172 ppm) and/or vanadium (up to 920 ppm).

The 2024 soil samples were analyzed by Eastern Analytical Ltd. for gold by fire assay and multielements by four-acid digestion and ICP-OES analysis.

Trench lengths of up to approximately 90 to 125 metres are planned for these three northwestern-southeastern oriented trenches. The trenches are planned approximately perpendicular to the reported bedrock geology contacts in this area between the Lawrence Harbour formation and the Stanley Waters formation (Rogers et al., 2005), both part of the Victoria Lake supergroup. Some gold-bearing quartz veins/quartz vein systems within the Golden Promise property occur near the contacts of these two formations.

Five trenches are planned for the eastern-central region of the Golden Promise property (within licence 034704M) in an area of reported anomalous gold in rock and soil samples; reported magnetic geophysical anomalies; and reported contacts of the Lawrence Harbour formation and Stanley Waters formation (Rogers et al., 2005).

Some rock samples collected by Rubicon Mineral Corp. during 2002 to 2005 in this target area were reported to yield anomalous gold values, including two quartz vein float samples reported to return gold values of 168 ppb and 109 ppb and a siltstone float sample reported to return 431 ppb gold (0.431 gram per tonne) (Copeland and Newport, 2004, and Copeland and Newport, 2005). Anomalous soil samples from this target area included a sample reported to return 194 ppb gold (Copeland and Newport, 2005). Neither Great Atlantic nor Golden Promise has verified these anomalous samples.

These trenches will also be located within various parts of a zone of relatively higher resistivity (interpreted by company management to be the Stanley Waters formation) adjacent to areas of lower resistivity (interpreted by company management to be the Lawrence Harbour formation, which contains black shale). This is based on a reported 2003 airborne geophysical survey by Rubicon Mineral (Copeland and Newport, 2004). Some trenches will also be located within areas of magnetic anomalies based on the same 2003 geophysical survey.

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, reviewed and approved the technical information contained in this news release.

About Great Atlantic Resources Corp.

Great Atlantic 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.

We seek Safe Harbor.