Vancouver, British Columbia (FSCwire) - GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the “Company” or “Great Atlantic”) is pleased to announce it has received initial analytical results for rock samples collected during a recent trenching program at its Pilley’s Island Base Metal – Precious Metal Property, located in north-central Newfoundland. The exploration program was jointly operated with option partner Unity Resources. Rock grab samples collected from the trenches returned up to 27.5% Zn, 20.0% Pb, 8.36% Cu and 63.4 g/t Ag. Great Atlantic and Unity Resources are planning a diamond drilling program on the property to commence in late November. The property hosts an historic copper mine along with several zinc, lead, copper (+ / - gold, silver) occurrences.
One area of recent trenching was the Bull Road showing. Previous historic work included trenching and drilling with 7 holes sunk on the showing. Reported historic trench samples at Bull Road include 12.42% Zn, 3.87% Cu, 0.95% Pb and 0.71 oz./ton Ag over 4.6m. One historic drill hole at this showing was reported to intersect 22.2% Zn, 4.4% Pb, 0.1% Cu and 0.96 oz./ton Ag over 0.65m core length within an intersection of 7.85m grading 0.66% Cu, 0.51% Pb, 3.41% Zn and 0.34 oz./ton Ag. The recent trenching program included re-opening and re-evaluating the historic Bull Road Showing.
Trenching along the trace of the Bull Road Showing exposed mineralization over a length of 130m with a width varying between 1-7m. The Bull Road Showing is a polylithic slump breccia of volcanogenic massive sulphide mineralization containing massive sulphide clasts up to greater than a metre in length.
Rock grab samples taken from selected styles of mineralization during the current program are presented in the table below.
| SAMPLE | Cu | Pb | Zn | Ag | Sb | |
| NUMBER | % | % | % | g/t | % | Description |
| 254513 | 8.36 | 0.01 | 0.14 | 15.5 | --- | High Cu massive sulphide clast |
| 254514 | 5.78 | 20.00 | 27.50 | 63.4 | 0.30 | Zn-Pb rich massive sulphide clast |
| 254515 | 0.48 | 0.01 | 0.05 | 4.7 | --- | Massive Py-Quartz clast |
| 254516 | 0.51 | 0.55 | 1.15 | 6.5 | --- | Matrix mineralization |
| 254517 | 2.02 | 6.50 | 16.40 | 41.7 | --- | Massive Sulphide clast |
Massive sulfide mineralization at Bull Road Trench.
Massive sulfide mineralization at Bull Road Trench
Massive sulfide mineralization at Bull Road Trench
Bull Road Trench
The Bull Road showing will be targeted during the upcoming diamond drill program.
The Pilley’s Island Property hosts an historic mine with reported historic estimated reserves of 1.159 million tonnes grading 1.23% Cu or 627,373 tons at 2.34% Cu and 0.01 oz./ton Au. This volcanogenic massive sulphide deposit is analogous to Kuroko/Buchans style mineralization. The Property also hosts other base metal – precious metals occurrences including the Bull Road showing and Fragmental Zone.
The Pilley’s Island Property consists of 7 adjoining licences covering a total are of 875 hectares. Access to and infrastructure at the property is excellent. The property is serviced with power mains and government maintained roads and is within 2 km of tide water. The property is located within a mining friendly district.
Readers are warned that historical records referred to in this News Release have been examined but not verified by a qualified person. Further work is required to verify that historical assays referred to in this News Release are accurate.
Paul Delaney, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the technical information contained in this News Release.
About Great Atlantic Resources Corp.: Great Atlantic Resources Corp. 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 number one 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, Antimony, Tungsten and Gold.
