Thursday, July 31, 2025

Great Bear Hits 8.08 G/T Gold Over 37.70 Metres At Dixie

Great Bear Resources (TSXV: GBR) this morning released additional drill results from its ongoing $21 million exploration program being conducted this year at its flagship Dixie project in the Red Lake camp of Ontario. The latest drilling has been conducted on 50 metre centres, with the highlight from the latest drilling being 8.08 g/t gold over 37.70 metres, which was near the centre of the LP fault zone and labelled as hole BR-156.

The company is also quick to highlight that all drill holes conducted along the LP Fault zone, of which there are 161, have successfully intersected both the structure as well as mineralization. A total of nine additional drill holes were reported this morning, with the lowest grade coming from drill hole BR-162, reporting 0.65 g/t gold over 3.50 metres.

50 metres to the northwest of the highlighted hole, drill hole BR-164 hit further strong mineralization, reporting 5.23 g/t gold over 78.75 metres, along with an additional interval of 11.08 g/t gold over 3.85 metres.

Great Bear has indicated that it continues to model the high strain and deformed quartz vein zones, with results of this work expected to be released in the “coming weeks.” This is being stated as being an important step as the company moves towards completing its maiden resource.

The company has also indicated that it is continuing to explore its other properties within the Red Lake, Ontario region. The Sobel property, which the company purchased to control prospective stratigraphy within the Red Lake Greenstone Belt, recently saw a spaciotemporal geochemical hydrocarbon survey completed.

Two targets were discovered from this survey, meauring 800 metres by 500 metres and 900 metres by 450 metres. Exploration will continue at the project as a result, with preliminary drilling potentially occurring this winter.

Great Bear Resources last traded at $17.81 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

Why Gold’s Bull Run May Just Be Getting Started! | Peter Grandich

Tariffs Spark New Race for Critical Metals | Rob McEwen

Antimony Resources: The Bald Hill Project

Recommended

Tsunami Warnings Spread As Largest Quake Since 2011 Hits Russia

Northern Superior Intersects 1.75 g/t Gold Over 65.0 Metres At Philibert

Related News

Blackrock Gold Conducts $7.0 Million Bought Deal Financing

Blackrock Gold (TSXV: BRC) is the latest firm to announce a financing this morning. The...

Friday, January 29, 2021, 08:42:25 AM

Exploits Discovery Extends Length Of Jonathan’s Pond Project Gold Vein

Initial exploration results were released by Exploits Discovery Corp (CSE: NFLD) related to its wholly...

Thursday, November 19, 2020, 08:22:24 AM

Equinox Gold Sees Measured & Indicated Resource Of 1.4 Million Gold Ounces At Mesquite Mine

Equinox Gold Corp. (TSX: EQX) shared today the updated mineral reserve and mineral resource estimate...

Wednesday, September 8, 2021, 09:45:00 AM

Rockland Resources Begins Drill Program At Flagship Property

Rockland Resources (CSE: RKL) has begun drilling. The firm this morning announced the commencement of...

Wednesday, July 7, 2021, 08:48:39 AM

Goldman Sachs Upgrades Gold Price Forecast in Light of Growing Demand

Goldman Sachs has upgraded its gold price forecast for the current year, citing a shift...

Wednesday, March 9, 2022, 03:09:00 PM