Great Bear Resources (TSXV: GBR) this morning published additional results from its ongoing drill program at its flagship Dixie Project. The massive $21 million program has returned consistent results for the company, with the latest highlight being an intersection of 3.22 grams per tonne gold over 63.60 metres, along with 4.61 grams per tonne gold over 39.80 metres from the same hole, BR-166.
This notable hole intersected two separate zones of gold mineraliztion, at depths from 95 metres to 210 metres. This result is said to have come from near the middle of the LP Fault zone. Sub intervals on the hole include 28.26 g/t gold over 5.10 metres, and 19.78 g/t gold over 8.90 metres.
The drilling continues to be placed every 50 to 75 metres along the total strike length of 5 kilometres of the LP fault, with drills going to a depth of 500 metres. Further, all holes drilled to date, which total out at 172, have hit gold mineralization. The best results to date have come from hole BR-180, which assayed 88.70 g/t gold over 1.35 metres.
A total of ten drill hole assays were released this morning as has become common by Great Bear. The full details of which can be seen here.
Great Bear Resources last traded at $15.20 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.
