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
