VANCOUVER, British Columbia, Dec. 22, 2014 (GLOBE NEWSWIRE) -- GREAT ATLANTIC RESOURCES CORP. (TSX-V:GR) is pleased to announce that Mr. Dave Martin will be joining the company as VP of Exploration beginning in January of 2015.
Mr. Martin has over twenty years involvement in mineral exploration, with a vast array of experience specifically in Atlantic Canada, which includes over ten years with Geodex Minerals Ltd. as an Exploration Geologist - Regional Manager - VP New Brunswick Operations, as well as Exploration Geologist positions with Adex Minerals, Lac Minerals, Noranda, Inco and Acadia Mineral Ventures.
Mr. Martin holds a Bachelor of Science Degree (B.Sc.) from the University of New Brunswick. He is a Professional Geologist (P.Geo.) and currently a member of the Association of Professional Engineers and Geoscientists of New Brunswick.
Dave Martin ..."I very much look forward to this opportunity to join the Great Atlantic team. I see tremendous opportunities to acquire quality projects now in the resource sector. We will be working diligently to identify and pursue such projects. There is also a need to re-evaluate the current Great Atlantic projects such as Keymet and South Quarry Tungsten and plan next phases of exploration."
Previous exploration experience included commodities such as tin, tungsten, molybdenum and indium as well as precious metals. Mr. Martin played a key role in tungsten – molybdenum discoveries and resource definition at the Sisson Tungsten-Molybdenum Project located in New Brunswick, which is now operated by Northcliff Resources and positioned to become only the second Canadian producer of tungsten. Mr. Martin was also involved in other New Brunswick discoveries including discoveries of tin-indium resources at Mount Pleasant and gold occurrences at Armstrong Brook and Annidale.
Chris Anderson, Great Atlantic's chief executive officer, stated: "Mr. Martin's vast experience in Atlantic Canada and abroad will be a vital asset for Great Atlantic as it re-evaluates its two key assets, the Keymet Project located in the heart of the world class Bathurst Mining camp New Brunswick and the South Quarry Tungsten asset located in central Newfoundland."
The company will also grant options to purchase 100,000 shares to certain officers, consultants and directors of the company. The options shall be exercisable at a price of $ 00.25 cents per share and shall have a term of two years.
On Behalf of the board of directors
Mr Chris Anderson,
Director 604 488-3900
This press release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, that address future exploration drilling, exploration activities and events or developments that the Company expects, are forward looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include exploitation and exploration successes, continued availability of financing, and general economic, market or business conditions.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Source:Great Atlantic Resources Corp.