Great Atlantic Makes New GOLD DISCOVERY New Rock Samples & Soil Samples Define New Gold Target Zone, 1.5 KM Long Samples Up To 1.8 G/T Au - Seite 2

E534258 (outcrop sample): 0.344 g/t gold and 3,370 ppm arsenic

Samples E534257 and E534258 were collected within ten meters of each other from outcrops of siliceous meta-sediment (meta-sandstone) with disseminated sulfides and quartz veining. Great Atlantic is treating this as a new gold discovery in bedrock. A gold occurrence known as the Alcida East Gold Occurrence is reported in this area (New Brunswick Department of Natural Resources and Energy Development, Mineral Occurrence Database).

Foto: Accesswire

Great Atlantic collected soil geochemical samples and additional rock geochemical samples in the west-central region of the property during 2022 of which analytical results are pending. The company is optimistic that this will further extend the New Gold Target Zone.

"This New emerging Gold Target is now becoming a primary focus for the possibility of the next major discovery within our suit of properties in New Brunswick that Great Atlantic Owns" States Anderson CEO

Foto: Accesswire

Photo from 2018 Drill Core - 9.19% Copper 9.09% Zinc & 1158 G/T Silver Over 3 Meters

Company management believe the west-central region of the Keymet Property has potential to host gold deposits given the presence of gold soil anomalies, highly anomalous gold in float and bedrock, its location along the reported northeast-southwest contact between Middle Ordovician - Early Silurian Fournier Group rocks and Silurian Chaleurs Group rocks. Gold deposits occur southwest of this survey area and west of the Company's Keymet Property close to this geological contact. Three gold deposits occur west of the Keymet Property, referred to as the West Gabbro Zone, Discovery Zone and South Gold Zone. These deposits are reported within 2 kilometers of the Keymet Property southwest boundary. Great Atlantic has no interest in these three deposits.

Great Atlantic is planning additional prospecting and rock geochemical sampling; soil geochemical sampling; geophysical surveys; and trenching and / or diamond drilling in the west-central region of the Keymet Property during 2023.

Readers are warned that mineralization at the West Gabbro Zone, South Gold Zone and Discovery Zone is not necessarily indicative of mineralization on the Keymet Property. Readers are also 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 records referred to in this News Release are accurate.