Great Atlantic Receives $25,000 Exploration Grant for Glenelg Vanadium Property – Southwest New Brunswick

GREAT ATLANTIC RESOURCES CORP. (GR.V) (the “Company” or “Great Atlantic”) is pleased to announce it has been approved for funding in the amount of $25,000 from the New Brunswick Department of Energy and Resource Development for its 2019 exploration program on the Glenelg Vanadium Property, located in southwest New Brunswick. The grant is funded under the New Brunswick Junior Mining Assistance Program (NBJMAP).

Company and reported historic bedrock grab samples from within the Glenelg Property from the layered Bocabec Gabbro Complex returned significant levels of vanadium and titanium. Historic grab bedrock samples are reported to return significant levels for gold, cobalt and bismuth.

Vanadium, titanium & iron mineralization in layered Bocabec Gabbro Complex.
Company & historic bedrock grab samples of 0.33% & 0.42% V2O5 & 27.5% TiO2.
Historic bedrock grab samples of 14 g/t Au, 1.28% Bi & 0.65% Co.

Great Atlantic is currently conducting exploration within the Glenelg Property consisting of prospecting, rock geochemical sampling and geophysical surveying. The Company is planning trenching and diamond drilling this fall at the property, the focus being exploration for vanadium and titanium within the Silurian Bocabec Gabbro Complex. The program will be partially funded by the $25,000 NBJMAP funding. Great Atlantic must incur at least $50,000 in total exploration expenditures during 2019 on the property to qualify for the NBJMAP funding.

A 2018 grab sample collected by the Company from a magnetic layer in the Bocabec Gabbro Complex returned 0.188% vanadium (0.33% V2O5), 10.3% TiO2 and 25.71% iron. This sample was collected within the southeast region of the property within the original mineral claims acquired by the Company. It was collected by a qualified person. This sample was analyzed by ALS Canada Ltd. by XRF Fusion.

Layered Bocabec Gabbro Complex

Another 2018 bedrock grab sample from the same southeast region of the property was reported to return 0.234% vanadium (0.42% V2O5), 7.34% titanium (12.2%TiO2) and 28.8% iron. This sample was collected by one of the Company’s option partners for the property. A 2013 sample from this region was reported to return 16.5% titanium (27.5% TiO2). These samples have not been verified by a Qualified Person.