Great Atlantic Resources 8th Drill Hole Intersects High Grade Gold in Two Veins at Golden Promise

VANCOUVER, British Columbia - Jan. 20, 2025 - PRLog -- GREAT ATLANTIC RESOURCES CORP. (TSXV.GR) (the "Company" or "Great Atlantic") is pleased to announce its wholly owned subsidiary, Golden Promise Mines Inc., has received gold analyses for the eighth hole (GP-24-164) of the 2024 diamond drilling program at its Golden Promise Gold Property, located in central Newfoundland. The drilling was completed at the Jaclyn Main Zone (JMZ).

GP-24-164 intersected two quartz veins with visible gold, the samples returning 42.70 grams / tonne (g/t) gold over 0.82 meters core length from the first vein and 39.18 g/t gold over 0.52 meters core length from the second vein. Golden Promise Mines Inc., along with partner Novamera Inc., is planning to extract a bulk sample during 2025 from this area of the JMZ.

Drill hole GP-24-164 was the last of eight cross cutting drill holes (716.5 total meters) at the JMZ completed during September – October of 2024, the program being fully funded. These holes were drilled in the west region of the JMZ within the planned (2025) bulk sample area. All eight holes were drilled on the same northwest - southeast trend to intersect the steeply dipping, east to slightly northeast trending JMZ. The eight holes were designed to target the JMZ between surface and approximately 100 meters vertical depth.

Drill hole GP-24-164 tested the JMZ between holes GP-24-158 and GP-24-160.  GP-24-164 was drilled slightly northwest (approximately 344 degrees azimuth) at a dip of approximately 64 degrees to a length of 71.5 meters. Two quartz veins with visible gold were intersected at 54.53 – 55.35 meters and 64.13 – 64.65 meters. A quartz veined zone was intersected at 61.30 – 63.34 meters with base metal sulfides. The sample intervals (core length) and gold analytical results are:

• Sample E534864: 54.53 – 55.35 meters (0.82 meters): 42.708 g/t gold
• Sample E534865: 61.30 – 61.80 meters (0.50 meters): 0.190 g/t gold
• Sample E534866: 61.80 – 62.77 meters (0.97 meters): 1.461 g/t gold, >2200 parts per million (ppm) zinc, 1706 ppm lead and 930 ppm copper.
• Sample E534867: 62.83 – 63.34 meters (0.51 meters): 0.160 g/t gold
• Sample E534868: 64.13 – 64.65 meters (0.52 meters): 39.180 g/t gold

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