Great Atlantic Confirms Cobalt Stream Sediment Anomalies Over 900 Meters Long Section of Stream at its 100% Owned Kagoot Brook Cobalt Property - Northern New Brunswick

The news release dated February 11, 2026, reports geochemical results from a 2024 stream sediment sampling program at the Kagoot Brook Cobalt Property in New Brunswick. The program identified anomalous cobalt values ranging from 149 to 610 parts per million (ppm) over a 900-meter section of a stream. A specific 390-meter sub-section returned higher values between 360-610 ppm cobalt. Additional results included up to 336 ppm zinc and 196 ppm nickel. The company plans follow-up prospecting and geophysical surveys for 2025 and 2026.

• Exploration Stage: These results are early-stage surface geochemical anomalies. While they confirm historical data, they do not represent a resource estimate or a proven discovery.
• Operational Pivot: This news shifts focus to secondary assets following the catastrophic failure of the bulk sampling program at the flagship Golden Promise property in late 2025.
• Financial Context: The most recent financial statements (November 30, 2025) reveal a cash balance of just $179. Any exploration plans for 2026 are purely theoretical until a significant capital injection occurs.
• Sentiment: Given the recent halt of operations at the main gold project due to technical issues and partner insolvency, early-stage sediment results are unlikely to restore long-term investor confidence.

Great Atlantic Resources is a "Project Generator" focused on Atlantic Canada (New Brunswick and Newfoundland). Its flagship is the Golden Promise Gold Property in central Newfoundland. The project hosts an inferred resource of 119,900 ounces of gold (uncapped) at 10.4 g/t Au. However, a bulk sampling program intended to prove the "Surgical Mining" concept was halted in November 2025 after only 40 meters of drilling due to equipment failure and the financial collapse of the technology partner, Novamera Inc.