Great Atlantic Resources Corp. is pleased to announce that is has closed the non-brokeredprivate placement previously announced on October 3, 2018 for gross proceeds of$386,400. The units of the financing are comprised of one common share at aprice of $0.07 and a full share purchase warrant, which may be exercised for aperiod of two years at a price of 10 cents per share. The hold expiry date forthis financing is February [...]
Great Atlantic Resources Corp. is pleased to announce it has received analytical results for rock and soil samples collected during the 2018 program at its Mascarene Property in southwest New Brunswick. Highlights from 2018 sampling in areas of historic workings include: Rubble grab samples return 12.65 and 12.30% zinc. Rubble grab samples return up to 2.01 grams / tonne gold, 5.02% copper, 0.22% nickel and 0.14% cobalt [...]
Vancouver, British Columbia - Great Atlantic Resources Corp. is pleased to announce that is has arranged a non-brokered private placement of 5,000,000 units at a price of $0.07 cents per unit for gross proceeds of $350,000. The units of the financing will comprise of one common share and a full share purchase warrant, which may be exercised for a period of two years at a price of $0.10 per share. The proceeds of the [...]
Great Atlantic Resources is pleased to announce it has received the first analytical results from the 2018 exploration program at its Golden Promise Gold Project, located approximately 55 kilometers northeast of the Valentine Lake Gold Camp of Marathon Gold Corp. and 40 Km west of Moose Head project of Sokoman Iron Corp. , Central Newfoundland. Highlights: Soil sample assayed as high as 77 PPB Gold. 570 Meter soil line [...]
Vancouver, British Columbia - Great Atlantic Resources Corp. is pleased to provide this update in regard to its Kagoot Brook Cobalt project. To view the graphic in its original size, please click here Kagoot Brook Co-Mn-Base Metal Project, New Brunswick Historical work at Kagoot Brook has delineated two drainages, two kilometres apart, that exhibit remarkably high cobalt values up to 6,000 ppm in the silts . The recent [...]
Great Atlantic Resources is pleased to announce it has completed the 2018 diamond drilling program at its Keymet Precious - Base Metal Property, located near Bathurst, northeast New Brunswick. The program was conducted in the northwest region of the property exploring the area of the Elmtree 12 polymetallic vein system and an adjacent polymetallic vein. A total of 13 holes were completed totalling 1,484 meters. The drill [...]
Great Atlantic Resources is pleased to announce it has made a $125,000 cash payment for its Golden Promise Gold Property. In addition, the Company made a $50,000 share payment totalling 666,667 shares at $.075 per share. The Property is located in central Newfoundland in a region of recent significant gold discoveries. The Golden Promise Property is located approximately 40 kilometers west-southwest of the Moosehead [...]
Vancouver, British Columbia - Great Atlantic Resources Corp. is pleased to announce its optionee Fort St. James Nickel Corp. has commenced the 2018 diamond drilling program at the Porcupine Base Metal - Precious Metal - Rare Earth Element Property, located in central New Brunswick. The drilling program is being conducted in the central region of the property targeting an area of base metal and silver mineralization [...]
Vancouver, British Columbia - Great Atlantic Resources Corp. is pleased to announce it has commenced the 2018 exploration program at its Pilley’s Island Base - Precious Metal Property, located in north-central Newfoundland, Newfoundland and Labrador. The property was expanded in 2018 to 4,600 hectares, covering most of Pilley’s Island. The current work program consists of prospecting and rock and soil geochemical sampling [...]
Great Atlantic Resources is pleased to announce it has begun the 2018 diamond drilling program at its Keymet Precious - Base Metal Property, located near Bathurst, northeast New Brunswick. The program is being conducted in the northwest region of the property with the objective of defining polymetallic veins and exploring a gold bearing zone discovered during 2017 drilling. Great Atlantic’s 2017 drilling highlights from [...]
Vancouver, British Columbia - Great Atlantic Resources Corp. is pleased to announce that its Optionee Explorex Resources Inc. is in receipt of a Work Permit from the New Brunswick Dept. of Energy and Resource Development to conduct an exploration program consisting of a detailed geophysical survey, possible trenching and drilling. The Kagoot Brook project consists of 3 mineral claims, totalling 4,233 hectares located in [...]
Vancouver, British Columbia - Great Atlantic Resources Corp. is pleased to announce it has conducted preliminary work at its Mascarene Cobalt-Copper-Nickel-Gold Property, locating historic workings and collecting rock and soil samples for multi-element analysis. The Mascarene Property is located in southwest New Brunswick. Great Atlantic entered into an option agreement early in 2018 to acquire 100-per-cent interest in [...]