GREAT ATLANTIC RESOURCES CORP. announced it has received gold assays for prospecting rock samples and drill core samples from its Golden Promise Property, located within the central Newfoundland gold belt. All three drill holes from the 2020 program intersected gold bearing veins, extending the Jaclyn North Zone (JNZ) quartz vein system approximately 260 meters east of historic drilling. Rock samples were collected during late 2020 from quartz float boulders east of the JNZ. This quartz boulder field is at least 300 meters long and 25-75 meters wide. Three quartz float samples from this boulder field returned 157.5, 26.7 and 17.4 grams /tonne (g/t) gold while seven float samples returned 1.49 to 6.72 g/t gold. The JNZ is part of the Jaclyn Zone, located in the north region of the property. The drill core samples were collected from three drill holes completed during the 2020 fall diamond drilling program. Drill holes GP20-146, GP20-147 and GP20-148 tested the extension of the JNZ along its projected strike. Drill hole GP20-148, the eastern-most of the three drill holes, also tested the quartz boulder field discussed in the preceding paragraph. A 0.37-meter core length drill core sample from GP20-148 returned 3.88 g/t gold. Thirty-eight rock samples were collected throughout the northeast-southwest trending quartz boulder field. Visible gold is present in two samples (430367 and 430398). The samples were assayed by Eastern Analytical Ltd. by the Total Pulp Metallics method. Ten quartz vein float samples exceeded 1 g/t gold, while 21 samples returned anomalous values of 13 - 543 parts per billion (ppb) gold (weighted average of +150 mesh and -150 mesh fraction fire assays). Samples exceeding 1 g/t gold are listed in the table below. Blank and gold standard samples were assayed for gold by Eastern Analytical. The drill core samples were also assayed by Eastern Analytical Ltd. using the Total Pulp Metallics method. The gold assays in the preceding table are weighted averages of +150 mesh and -150 mesh fraction fire assays. Blank and standard samples were inserted with the drill core sample submission to Eastern Analytical, which is independent from Great Atlantic. A Qualified Person supervised the 2020 exploration program.