New York, NY, January 25, 2013/Resource Newswire/ - Great Atlantic Resources Corp. (TSX-V:GR - "Great Atlantic" or the "Company"), a Canadian exploration company focused on the discovery and development of mineral deposits in Atlantic Canada, has distinguished itself from the pack and is receiving its fair share of media attention. Chris Anderson, CEO of Great Atlantic, was recently interviewed by Jeb Handwerger of goldstocktrades.com, giving an up-close perspective on the Company, Antimony and the significance of its Antimony projects. To hear the interview in its entirety, please click here.
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.
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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 all of which are past producing mines and surrounded by currently producing mines. Great Atlantic now holds the West Gore Antimony/Gold mine in Nova Scotia, the Rawdon Hills Antimony/Gold property (adjacent to the West Gore mine) and the Beaver Brook antimony property in Newfoundland. The significance of Great Atlantic's Beaver Brook property has increased dramatically of late due to the recent announcement that the Beaver Brook Antimony Mine (owned by a subsidiary of Hunan Nonferrous Metals Corporation ("Hunan"), the largest antimony company in the world) is shutting down due to ore depletion.
All of Great Atlantic's Antimony properties lie within the route to the port in Halifax utilized for shipping ore from the Beaver Brook Antimony Mine to China.
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 extremely intrigued by Great Atlantic's unique focus on critical metals and more specifically how it will move forth with its Antimony projects. With it's dwindling resources, Hunan will need to explore for more ore to feed its mill and Great Atlantic's property is conveniently situated along trend with Hunan's Beaver Brook Mine deposit and conveniently lies within its shipping route."
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.
For more information on Great Atlantic and its Antimony projects, please go to: http://www.miningreview.net/great-atlantic-resources-corp-2
SOURCE: Resource Newswire