Great Bear Hits 7.04 G/T Gold Over 54.55 Metres At LP Fault Zone

Great Bear Resources (TSXV: GBR) this morning released additional assay results from its ongoing $21 million drill program at its flagship Red Lake, Ontario property. The highlighted figure from this mornings data includes 18.58 g/t gold over 19.25 metres, which comes from hole BR-167, located ner the middle of the LP fault zone.

The highlighted figure was intersected at a depth of 287.25 metres, within a wider interval measuring 7.04 g/t gold over 54.55 metres, while containing multiple sub-intervals. The result comes from section 20050, which is where the closest drilling to date has been completed, with eight holes spaced 30-75 vertical metres apart.

Included in this mornings announcement was the news that over 100,000 metres of drilling has now been completed along the 11 kilometre long LP fault zone, through 180 drill holes.

A total of eight drill holes saw data released this morning, coming from a range of sections on the LP fault zone. Full data can be seen below.

Great Bear Resources last traded at $15.35 on the TSX Venture.


Information for this briefing was found via Sedar, and Great Bear Resources. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

Video Articles

Silver @ $36 & We’re Still 200M Oz Short | Paul Andre Huet – Americas Gold and Silver

Gold’s Wild Bull Run: Are Markets About to Break? | Mike McGlone

First Majestic Silver: The Santa Elena Mine

Recommended

Goliath Resources Closes Out Funding Round With Total Gross Proceeds Of $27.1 Million

Silver47 Kickstarts 4,000 Metre Drill Campaign At Red Mountain Project

Related News

Battle North Gold’s Takeover Price Has Negative Read-Through For Pure Gold’s Valuation

On March 14, Evolution Mining Limited (ASX: EVN) reached an agreement to acquire Battle North...

Sunday, March 21, 2021, 09:00:00 AM

Gold Heist? US$15 Million Worth of ‘High-Value’ Cargo Stolen at Pearson Airport

An aircraft shipping container carrying US$15 million worth of precious cargo has gone missing at...

Friday, April 21, 2023, 10:19:00 AM

Equinox Gold Effectively Locked Out Of Los Filos Mine Complex Following Community Dispute

Equinox Gold Corp (TSX: EQX) (NYSE: EQX) this morning is learning first hand how important...

Friday, September 4, 2020, 08:39:49 AM

Fosterville South Reports Initial Assay From Reedy Creek: 31.34 G/T Gold Over 11 Metres

Fosterville South Exploration Ltd. (TSXV: FSX) reported this morning an update from the initial drilling...

Monday, August 9, 2021, 05:31:00 PM

Gold Overtakes Euro As Second Largest Global Reserve Asset, Driven by Central Bank Demand

Gold has surpassed the euro to become the world’s second-largest reserve asset by market value,...

Wednesday, June 11, 2025, 12:57:00 PM