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Great Atlantic Resources Corp. Profile

ker
July 10, 2012

www.greenlightresources.com

Symbol
TSX.V : GR

Great Atlantic Resources Corp. is focused on exploring Atlantic Canada, which is a sovereign risk-free, resource-rich domain. (New Brunswick was recently rated as the #1 region in the world to do mining in by the Fraser Institute in March of 2012.) Great Atlantic Resources Corp. is sourcing and advancing several projects under a Project Generation model, addressing a wide range of specialty and traditional commodities such as Graphite, Tungsten, Antimony, base metals and precious metals.

EXPLORATION PROJECTS UNDER DEVELOPMENT

Otter Lake / Shear Gold Mine – Tungsten & Gold

The  Company  holds  a  50%  option  agreement  on  the  Otter  Lake  property  in  New  Brunswick  with  Portage  Minerals  Inc.  and  Rockport  Mining  Corp.  The  4,160  acre  property  is  15  km  east  of  the  Mt  Pleasant  Zinc,  Indium,  Tungsten,  Molybdenum,  Bismuth  deposit.  Four  significant  Au,  Ag,  W,  Mo  and  Bi  showings subsequent further 100%  owned  lands  have  historical  assays  from  shafts  of  up  to  17.14  g/t  Au  and  subsequent  sampling  returned  9.6  g/t  Au  and  60  g/t  Ag.

MacDougall Road / Speerville Project – Antimony & Gold

The  7,800  acre  Speerville  property  was  acquired  by  staking  in  Carleton  County,  western  New  Brunswick.    The  lands  are    adjacent  to  the  Company’s  recently  acquired  600  acre  MacDougall  Road  Antimony  property.  Both  are  100%  owned  by  Great  Atlantic  Resources  Corp.    The  properties  follow  the  strike  of  the  Woodstock  fault  from  the  Gold-­Antimony  project  at  Golden  Ridge.  The  MacDougall  Road  portion  hosts  massive  stibnite  veins  cutting  highly  altered  basic  flows  with  assays  of  0.17%  Sb  in  barren  altered  basic  volcanics  and  12.2%  Sb  in  the  mineralized  zone.    The  Speerville  area  hosts  several  historic Survey  of  Canada  and  returned  0.57%  Cu,  0.96%  Pb,  0.18%  Zn  and  more  significantly,  1.96%  Sb  (antimony).    Great  Atlantic  Resources  Corp.  field  crews  recently  located  this  zone  and  have  extended  it  for  about  a  kilometre.

Christmas Island Project – Graphite & Gold

Graphite  samples  were  taken  from  graphite  showings  on  the  newly  optioned  lands  and  were  tested  in  2006.  Of  the  four  samples  taken  ,  three  samples  were  taken  from  graphite  schist  on  the  property  and  one  sample  was  taken  from  the  Georges  River  Marble  along  strike  from  the  property.  There  is  a  historic  graphite  mine  just  to  the  south,  dating  from  approximately  a  hundred  years  ago.  Graphite  mining  of  that  time  concentrated  on  the  high  grade,  vein  graphite,  often  found  at  sheared  lithologic  contacts  between  schist  and  carbonates.  There  is  a  good  possibility  that  the  more  economically  attractive  disseminated  flake  graphite  mineralization  will  be  found  within  the  George  River  Marbles  that  traverse  the  property.  Also  the  distinctive  geophysical  anomaly  occurring  the  property  may  indicate  the  presence  of  additional  graphite  or  other  conductive  minerals.  Great  Atlantic  Resources  Corp. commencing  a  phase  one  work  program  immediately.

Tomahawk Project – Manganese

The  Tomahawk  Ridge  manganese  prospect,  covering  52  claims  over  2,080  acres  in  NE  New  Brunswick,  was  discovered  in  1976  and  Noranda  subsequentlyproject  and  a  program  including  trenching  and  evntual  drilling  is  in  the  early  planning  stages.  9.67%  Mn,  9.33%  Fe.

PROJECTS UNDER JOINT VENTURE

Keymet Project – Silver & Base Metals

Great covers  6,400  acres  and  is  named  after  a  small  past  producing  mine  located  on  the  property  which  produced  a  total  of  56,000  tons  @  0.25%  Cu,  2.44%  Pb,  2.59%  Zn  and  0.99  opt  Ag  between  1954  and  1956.  a  shaft  was  sunk  to  the  366  meter  level  with  drifts  established  on  the  45,  91,  and  137  meter  levels.  A  series  of  three  and  possibly  four,  parallel  vein  systems  occur  on  the  property.  Exploration  planned  for  the  Keymet  claim  group  will  include  re-­establishment  of  the  geochemical/geophysical  grids  and  locating  the  historic  anomalies  on  the  ground.  Confirmation  of  the  soil  anomalies  with  follow  up.

Porcupine Project – Heavy Rare Earth Elements & Base Metals

The various reported Ytterbium with up  to  459  ppm  (g/t)  and  Lanthanum  (La)  with  grades  up  to  1,300  ppm  (g/t).  The  Company  is  currenlty  conducting  an  initial  mapping  and  prospecting  program  over  the  property.



888 Dunsmuir St Suite 888
Vancouver BC
Postal Code – V6C 3K4

Vancouver office: 604-488-3900 | Fax: 604-488-3910
New Brunswick office: 506-474-2465
Nova Scotia office: 902-482-6565


Discussion
2 Comments
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