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Great Atlantic (TSXV:GR) analytical results from second batch of rock samples from Pilley’s Island Property.

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This second batch of samples from the recently excavated Bull Road Trench consisted of eight channel samples and seven grab samples.

Additional Information:

Company: Great Atlantic Resources
Website: http://www.greatatlanticresources.com
Stock Symbol: TSXV: GR
Date Published: Dec 14, 2017
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

Great Atlantic Resources (TSXV:GR) (FSE:PH01) has released analytical results from a second batch of rock samples collected during a recent trench program at its Pilley’s Island Property.

Pilley’s Island Base Metal – Precious Metal Property, located in north-central Newfoundland, consists of 7 adjoining licenses covering a total area of 875 hectares, with excellent paved roads transecting the property.

This second batch of samples from the recently excavated Bull Road Trench consisted of eight channel samples and seven grab samples.

Results for channel samples collected in the southeastern region of the trench, within an approximate 22 metre section, included 15.4% zinc, 6.6% lead, 4.66% copper, 111.5 grams per tonne silver and 1.008 grams per tonne gold over 1.05 metres from sample #2.

Channel sample #3 returned 17.3% zinc, 0.1% lead, 2.97% copper, 31.2 grams per tonne silver and 0.449 grams per tonne gold over 0.7 metres.

The limited grab sampling extended into the northwest region of the trench, where samples of trench bedrock returned up to 40.8% zinc, 5.5% lead, 8.38% copper, 148.1 grams per tonne silver and 2.275 grams per tonne gold, within an approximate 100 metre long section.

Initial rock grab samples released on November 16th, included two samples of massive sulfide clasts, with one returning 27.5% zinc, 20.0% lead, 5.78% copper and 63.4 grams per tonne silver; with the second returning 16.4% zinc, 6.5% lead, 2.02% copper and 41.7 grams per tonne gold, while a sample of another sulfide clast returned 8.36% copper.
The property hosts an historic copper mine with several zinc, lead, copper, gold and silver occurrences, and reported historic estimated reserves of 1,159,000 tonnes grading 1.23% copper, or 627,373 tons at 2.34% copper and 0.01 ounce per ton gold.

Reported historic trench samples at Bull Road showing included 12.42% zinc, 3.87% copper, 0.95% lead, and 0.71 ounces per ton silver over 4.6 metres.

One historic drill hole at this showing reportedly intersected 22.2% zinc and 4.4% lead, 0.1% copper, and 0.96 ounces per ton silver over 0.65 metres of core, within an intersection of 7.85 metres grading 3.41% zinc, 0.51% lead, 0.66% copper, 0.34 ounces per ton silver.

The shares are trading at $0.105 and with 37.4 million shares outstanding, the company is capitalized at $3.9 million.

For more information, please visit the company’s website www.greatatlanticresources.com.

Investor Relations is handled by Kaye Wynn Consulting Inc. They can be reached at either 604-558-2630 or 888-280-8128, or email info@kayewynn.com

I’m Samantha Deutscher for Investmentpitch Media