Great Bear Resources (TSXV: GBR) this morning released additional drill results from the ongoing drill program at the LP Fault of the flagship Dixie Project. A total of seven additional drill holes were released this morning, with the highlight value reported being 10.01 g/t gold over 34.85 metres, which was intersected at a depth of 50.50 metres within hole BR-218.
The results released this morning were that of bear-surface holes conducted on 25 metre centres along a strike of 200 metres. The drilling was focused on demonstrating continuity of gold mineralization that extended to bedrock surface.
In particular, the company highlighted the results from bedrock surface to roughly 70 metres of depth. Those highlights include:
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- BR-218: 10.01 g/t gold over 34.85 metres beginning at 50.50 metres
- BR-243: 5.09 g/t gold over 36.40 metres beginning at 37.40 metres
- BR-241: 16.69 g/t gold over 8.60 metres beginning at 30.40 metres
- BR-242: 15.68 g/t gold over 11.75 metres beginning at 75.75 metres
- BR-240: 4.94 g/t gold over 36.20 metres beginning at 40.30 metres
The company also noted this morning that it expects to receive results from over 50 drill holes between now and the end of February 2021. Full results from this mornings release can be found here.
Great Bear Resources last traded at $14.05 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.
