Great Atlantic Commences Diamond Drilling At Golden Promise Gold Property 

VANCOUVER, BC – Great Atlantic Resources reported plans to initiate a Phase 1 diamond drill program at its Golden Promise Gold Property, located within the central Newfoundland gold belt. The diamond drill is scheduled to be mobilized to the property this month for drilling at the Jaclyn Zone, which hosts multiple gold-bearing quartz vein systems.

"Great Atlantic has been building value, currently we have a 100% interest in multiple projects in Atlantic Canada. The Golden Promise Gold Property is a prime example of Value add, in Great Atlantic. We have completed a current 43-101 with a resource of over a 100,000 Oz Gold, as well as multiple exploration programs defining multiple new target areas to be drilled.

We have watched as our neighbor Marthon Gold expand their resource to over 4, Million OZ Gold and become a 200 million dollar market cap company. It’s our belief that Value investing will soon be on the radar of investors as the shift out of momentum investing continues," said Anderson.

The Phase 1 drilling program will be a minimum of 1,000 meters, focusing on the Jaclyn Main Zone (JMZ) with some holes testing the Jaclyn North Zone (JNZ). Five gold bearing quartz vein systems are reported at the Jaclyn Zone, being the JMZ, JNZ, Jaclyn West Zone (JWZ), Jaclyn South Zone and Jaclyn East Zone. Majority of the historic drilling (2002-2010) was conducted at the JMZ. The Company confirmed gold bearing quartz vein bedrock and / or float at the JNZ (Company News Release dated August 31, 2017) during 2017 trenching. High grade quartz vein boulders were discovered during this program along the projected strike east of the JNZ, including samples returning 78, 163, 208 and 332 g/t gold. The 2017 trenching and sampling program was supervised by a Qualified Person. The 2019 Phase 1 drilling program is expected to test the area of these high-grade boulders.

The Golden Promise Property hosts multiple gold bearing quartz veins and is located within a region of recent significant gold discoveries. The property is located within the Exploits Sub-zone of the Newfoundland Dunnage Zone. Within the Exploits Sub-zone, the property lies along the north-northwestern fringe of the Victoria Lake Supergroup (VLSG), a volcano-sedimentary terrane. The northwestern margin of the Golden Promise Property occurs proximal to, and, in part, contiguous with a major (Appalachian-scale) collisional boundary, and suture zone, known as the Red Indian Line (RIL). The RIL forms the western boundary of the Exploits Sub-zone. Recent significant gold discoveries in this region of the Exploits Sub-zone include those of Sokoman Minerals Corp. (SIC) at the Moosehead Gold Project and Marathon Gold Corp. (MOZ) at the Valentine Lake Gold Camp.

The company’s address is 888 Dunsmuir Street, Suite 888, Vancouver, B.C., V6C 3K4, (604) 488-3900.