Vancouver, British Columbia--(Newsfile Corp. - September 20, 2018) - Great Atlantic Resources (TSXV: GR) (FSE: PH01) has
completed its 2018 diamond drill program at its 100% owned Keymet Precious — Base Metal Property. The 3,400 hectare property,
located approximately 20 kilometres northwest of Bathurst, in northeastern New Brunswick, Canada, has excellent access with paved
roads, including a provincial highway, transecting the property.
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The program was conducted in the northwest region of the property exploring the area of the Elmtree 12 polymetallic vein system
and an adjacent polymetallic vein, where 13 holes were completed totalling 1,484 meters. The 2018 drilling program focussed on the
Elmtree 12 vein system, where eleven holes tested this zone as in-fill drilling and along strike and deeper than previous
intersections. Two holes tested the continuation of another base metal and silver bearing vein southwest of the Elmtree 12 vein
system, which was discovered during 2017 drilling, where hole Ky-17-8 returned 18.8% zinc, 3.5% copper and 576 grams per tonne
silver over 1.27 meters.
Prior to the 2018 program, Great Atlantic had drilled six holes in the Elmtree 12 veins system during 2015 and 2017. The company
also discovered a new gold bearing zone of 0.64 grams per tonne gold over a 19.96 meter core length adjacent to the Elmtree 12 vein
system during 2017 drilling, hosted in arsenopyrite bearing meta-sedimentary rocks.
This table includes highlights from earlier drill holes, with the zinc equivalency calculations based on September 14th metal
prices.
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Drill core from the current program is being geologically logged and sampled at a secure location in Miramichi, New Brunswick.
Sampling includes intervals containing base metal sulfide bearing veins and intervals with arsenopyrite which are being sampled for
gold analysis.
At least 7 vein occurrences with lead, zinc, frequently with copper, silver and gold have been reported in this region of the
property in addition to the polymetallic veins reported at the historic Keymet Mine. Great Atlantic has explored 2 of these vein
occurrences, the Elmtree Silver Mine veins and adjacent areas, northwest of the historic Keymet Mine, which operated during the
mid-1950s, producing copper, lead, zinc and silver, until production was terminated due to a fire. Significant precious metal —
base metals deposits are reported within 4 kilometres of the Keymet Property, with the Elmtree gold deposits located within 3
kilometres of the Keymet Property.
The historic Nigadoo River Mine is located approximately 4 kilometres south of the Keymet Property, where polymetallic massive
sulfide veins were mined during the 1960s and 1970s with copper, lead, zinc and silver being produced. The New Brunswick Department
of Energy and Resource Development Database reports shaft depth of 470 metres and production totals at this historic mine.
Production during 1967 — 1971 is reported as 1.126 million tonnes at 2.2% lead, 2.1% zinc, 0.24% copper and 92.57 grams per tonne
silver. Following a 2 year closure, production during 1973 — 1977 is reported to be 0.733 million tonnes, with only partial metal
grades reported.
Callinex Mines recently filed a NI 43-101 for its Nash Creek Project located approximately 15 kilometers northwest of Great
Atlantic's Keymet Property. Using a 1.5% zinc equivalent cut-off, Callinex reported approximately 13.6 million tonnes indicated
resources at 2.68% zinc, .58% lead and 17.8 grams per tonne silver, and 5.9 million tonnes inferred resources at 2.68% zinc, .47%
lead and 13.9 grams per tonne silver.
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
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