Great Atlantic Identifies Gold Mineralization Along 135 Metre Corridor at Its 100% Owned Golden Promise Property

Great Atlantic Resources Corp. announced gold assay results from its 2025 trenching program at the 100% owned Golden Promise Property in central Newfoundland. Five grab samples from Trench No. 2 returned gold values ranging from 0.531 g/t to 1.004 g/t, confirming sporadic mineralization along a 135-meter corridor.

Additional anomalous values were reported from Trenches 1, 3, and 4, with management planning further geophysical surveys and trenching to prepare for a future diamond drilling program. This release follows a series of exploration updates throughout 2026, including the commencement of Phase II trenching in June and completion of Phase I in early June.

Great Atlantic Resources Corp. (GR) reported gold grades ranging from 0.5 to 1.0 g/t, figures that are sub-economic for bulk mining and typical of early-stage vein exploration requiring further definition. The news represents incremental, expected exploration progress rather than a transformative discovery. The release does not alter the company's financial trajectory or near-term operational outlook. While positive for the exploration narrative, it does not constitute a market-moving event given the company's broader financial constraints and the incremental nature of the assay results.

Great Atlantic Resources Corp. operates a project generation model across Atlantic Canada, holding a 100% portfolio of approximately 30,000 hectares. Its flagship asset is the Golden Promise Gold Property, a 16,525-hectare site in central Newfoundland that hosts an inferred resource of 119,900 oz Au at 10.4 g/t, based on a 2018 NI 43-101 report.

Other key assets include Pilley's Island, a VMS Cu-Zn-Ag-Au property optioned to HM Exploration; Keymet, which hosts Ag-Zn-Cu; South Quarry, which contains tungsten (W); and Glenelg, which hosts Sb-Au-V. The company is currently in the exploration and development phase and generates no revenue.