Great Atlantic Resources Goes Full Speed Ahead on West Gore Antimony Project
(via Thenewswire.ca)
New York, NY, November 30, 2012/Resource Newswire/ - Great Atlantic Resources Corp. (TSX-V:GR - "Great Atlantic" or the "Company"), is a Canadian exploration company focused on the discovery and development of mineral deposits in Atlantic Canada, focusing on the #1 high risk commodities on the planet as ranked by the British Geological Survey in 2012 - Antimony, Tungsten and Gold. The majority of the Company's projects are located in New Brunswick, which was recently announced by the Fraser Institute as the number one mining region in the world. For a full copy of the Fraser Institute's news release dated February 23, 2012 please click here.
Great Atlantic has been extremely active in acquiring key antimony projects in Atlantic Canada. Great Atlantic now holds the West Gore Antimony/Gold mine in Nova Scotia, the Beaver Brook antimony property in Newfoundland and just last week acquired the Rawdon Hills Antimony/Gold property (adjacent to the West Gore mine) - all of which are past producing mines and surrounded by currently producing mines. The Company's Beaver Brook project, which is comprised of 5,562 contiguous acres lies adjacent to the Beaver Brook Antimony Mine owned by a subsidiary of Hunan Nonferrous Metals Corporation (the largest antimony company in the world) and is currently the only producing antimony mine in North America.
The Editors of Mining Review Online, an online periodical that provides news, updates and industry insights on undervalued and high growth potential resource companies, have stated: "We are very impressed at Great Atlantic's continued pursuit of key Antimony opportunities. The price of Antimony has risen significantly in recent years and will continue to rise if China continues to reduce exports." The full review on Great Atlantic can be found at: http://www.miningreview.net/great-atlantic-resources-corp-2
As Great Atlantic continues to position itself in Atlantic Canada, a politically stable and sovereign region with a rich history of producing gold mines and eager to promote its resource industry, Great Atlantic is well situated to build shareholder value over the long term.
TO VIEW MAP COPY AND PASTE URL BELOW TO NEW BROWSER WINDOW
http://thenewswire.ca/client_files/2012-11-30-0.pdf
For more information on Great Atlantic and its Antimony projects, please go to: http://www.miningreview.net/great-atlantic-resources-corp-2
This release may contain forward-looking statements regarding future events that involve risk and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual events or results. Articles, excerpts, commentary and reviews herein are for information purposes and are not solicitations to buy or sell any of the securities mentioned. Readers are referred to the terms of use, disclaimer and disclosure located at the above referenced URLs.
SOURCE: Resource Newswire
Editor@Resourcenewswire.net
Copyright (c) 2012 Thenewswire.ca - All rights reserved.
