DGAP-News

Great Atlantic Conducts Summer Work Program on its Keymet Base and Precious Metal Project near Bathurst New Brunswick Canada

DGAP-News: Great Atlantic Resources Corp. / Key word(s): Miscellaneous
Great Atlantic Conducts Summer Work Program on its Keymet Base and
Precious Metal Project near Bathurst New Brunswick Canada

30.06.2015 / 06:06

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Vancouver, British Columbia--(Newsfile Corp. - June 30, 2015) - GREAT
ATLANTIC RESOURCES CORP. (TSXV: GR) (the 'Company' or 'Great Atlantic ') is
pleased to announce that it has commenced its summer work program.

Great Atlantic is conducting a first phase VLF (Very Low Frequency)
Electromagnetic geophysics survey at the Keymet Project. This survey is
focused on the northwest region of the project to further define trench and
drill targets. The survey will cover an area of gold soil anomalies, gold
bearing boulders and gold in altered and sheared trench bedrock as
discovered by Great Atlantic during 2011 - 2013; and documented base metal
and silver bearing vein occurrences. Historical reports suggest the base
and silver bearing veins in this area to be northwest trending. A northwest
trending fault is reported in this area as per government maps. Great
Atlantic discovered gold and arsenopyrite bearing boulders and gold in
trench bedrock in this region during 2011 - 2013. Boulder samples from
these programs returned up to 51 grams per tonne gold. One trench exposed a
gold bearing sheared and altered zone of which channel samples graded 1.09
grams per tonne gold over 11.78 metres.

The VLF Electromagnetic survey is also covering an area of closed-spaced
1980s diamond drill holes (Brunswick Mining and Smelting Corporation
Limited and Aurtec Inc.) which were reported to intersect base metal and
silver bearing veins. This vein occurrence is referred to as the Elmtree 12
vein occurrence and is located approximately 1.4 kilometres northwest of
the former Keymet Mine. Reported drill intersections at the Elmtree 12 vein
occurrence included a 0.88 metre core length interval from a 1981 drill
hole, reported to grade 7.72% Cu, 11.36% Zn and 13.6 ounces per ton Ag. A
1.22 metre core length sample from a near-by 1989 drill hole was reported
to assay 16.4% Cu, 10.11% Zn and 31.0 ounces per ton Ag. A 1.22 metre core
length sample from another near-by 1989 drill hole was reported to assay
6.34% Cu, 3.94% Zn and 10.9 ounces per ton Ag. Readers are warned that
these historical records have been examined but not verified by a qualified
person. Further work is required to verify these historical assays are