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Great Atlantic Resources Reports Diamond Drilling Underway at Optioned Pilley's Island Project
North-Central Newfoundland Vancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - GREAT ATLANTIC RESOURCES CORP. (TSXV: GR) (the "Company" or "Great
About this update from Great Atlantic Resources Corp.
[{"type":"text","content":" North-Central Newfoundland Vancouver, British Columbia--(Newsfile Corp. - May 13, 2026) - GREAT ATLANTIC RESOURCES CORP. (TSXV: GR) (the \"Company\" or \"Great Atlantic\") is pleased to provide an update regarding exploration progress at the Company's Pilley's Island Project in Pilley's Island, north-central Newfoundland, where HM Exploration Corp. holds an option to earn a 100% interest in the project through a combination of common share issuances and incurrence of exploration expenditures on the property, see Great Atlantic's September 29, 2025 news release for details. HM Exploration Corp. (\"HM Exploration\") has commenced diamond drilling at the project at the Clifford Jones (Bull Road) Trench Zone (the \"Zone\"). HM Exploration refers to their project area as the Lewis Pilley's Project (the \"Project\"). The drilling program (the \"Program\") is designed to test high-grade copper mineralization directly beneath surface samples collected by HM Exploration in 2025 that returned up to 16.6% copper*. HM Exploration's 2025 Sample No. 181002 - 16.56% copper \"The massive sulfide exposed at surface at the Zone exhibits high grade copper content and is extensive,\" said Nicholas Rodway, CEO of HM Exploration. \"The Zone we are currently drilling has not been historically tested. A 2016 trench uncovered the massive sulfide mineralization immediately southwest of prior drill holes, suggesting this zone was overlooked in earlier exploration campaigns. A high-grade, copper-rich intercept here would be transformative for the Company, particularly at this early stage of exploration. With recent exploration success in Newfoundland and increasing global focus on high-grade copper systems, we believe this represents a compelling opportunity for HM shareholders.\" Figure 1: Outcrop samples collected at the Zone in 2025 displayed impressive mineralization including both massive and disseminated chalcopyrite ± sphalerite, silver, gold, and lead*. Highlights: HM Exploration's diamond drilling program currently underway will be a two thousand five hundred (2,500) meters minimum. Drilling targeting high-grade mineralization beneath HM Exploration's surface samples grading up to 16.56% Cu*. 2025 outcrop grab samples taken by HM Exploration at the Zone returned*: Sample 181000 returned 6.79% Cu, 2.99% Zn, 22.50 g/t Ag, and 0.64 g/t Au Samp...