Great Atlantic Resources Corp.

12:39 PM EST - Great Atlantic Resources Corp. : Has completed the Phase 1 diamond drilling program on its Glenelg Vanadium Property, located in southwest New Brunswick. The program consisted of three holes (308 total meters) which tested magnetic geophysical anomalies within the Bocabec Gabbro Complex. The program was stopped prematurely. A target area with vanadium - titanium bearing outcrops could not be accessed during the program due to very wet fall conditions. The program was partially funded through the New Brunswick Junior Mining Assistance Program. Great Atlantic Resources Corp. shares V.GR are trading down $0.01 at $0.50.