Great Atlantic Resources Catches the Critical Metal Wave
(via Thenewswire.ca)
New York, NY, January 11, 2013/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. What sets Great Atlantic apart from other junior resource companies is its focus on lesser-known yet critical metals including Graphite, Tungsten and in particular Antimony.
Antimony naturally occurs in the Earth's crust. In its pure metallic form it is soft, brittle and toxic to humans. It is used in computer screens, batteries and to make heat sensitive products flame retardant. For an infographic on Antimony by Visual Capitalist, please click here.
http://www.visualcapitalist.com/portfolio/antimony-fireproof-and-supply-critical
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China currently supplies about 77% of the world's antimony. China also has the ability to restrict exports, as it has done with rare earths and other strategic metals which makes the world highly dependent on the security of its supplies. According to the British Geological Survey, of the 52 elements, minerals and metals most at risk of supply disruption because global production is concentrated in a few countries, many with unstable governments, Antimony is #1 on the list.
To capitalize on future demand, 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 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 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: "With known world wide reserves of only eight years, we are very interested in Antimony opportunities and in Great Atlantic's continued pursuit of key Antimony projects in Atlantic Canada. If China's cuts exports, sources other than the problematic regions of Russia, Bolivia and Tajikistan will be in high demand." More information on Great Atlantic and its Antimony and other critical metal projects 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 mines and eager to promote its resource industry, Great Atlantic is well situated to build shareholder value over the long term.
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For more information on Great Atlantic and its Antimony projects, please go to: http://www.miningreview.net/great-atlantic-resources-corp-2
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SOURCE: Resource Newswire
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