Great Bear Intersects 13.38 G/T Gold over 18.15 Metres At LP Fault

Great Bear Resources (TSXV: GBR) this morning issued a brief news release, revealing further drilling assays from a total of three holes drilled on the same section of the LP Fault at its flagship Dixie Project. The highlight from this mornings results consists of 13.38 g/t gold over 18.15 metres.

The highlight result comes from hole BR0253, with mineralization being intersected at a depth of 29.85 metres. Also highlighted by the company was hole BR-250B, which saw several intervals of mineralization, including 4.90 g/t gold over 16.50 metres and 4.25 g/t gold over 57.00 metres.

The latest drill results come from holes drilled on 25 metre spacing, as the company works to conduct a tighter drill pattern on the property. The company intends to drill a total of 100 drill sections by the end of the year in this manner along a total of 4 kilometres of strike

Great Bear Resources last traded at $15.01 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.

Leave a Reply

Video Articles

Endeavour Mining Q1 Earnings: Cash Flow Is King

G Mining Oko West Feasibility: Move Fast, Break.. Nothing?

New Gold Q1 Earnings: What’s Behind The Market’s Surprising Reaction?

Recommended

First Majestic Posts Record Cash Flows In Q1 As Production Costs Fall

Brazil Potash Secures Funding In Support Of US$2.5 Billion Autozales Project

Related News

Great Bear Resources Sees Canaccord Bump Price Target To Buyout Figure Of $29

On December 8th, Kinross (TSX: K) announced it would be acquiring Great Bear Resources (TSXV:...

Sunday, December 19, 2021, 11:14:00 AM

Great Bear Sees Work Suspension Due To Forest Fire Lifted, Starts Phase 2 Drilling At Dixie Project

Great Bear Resources (TSXV: GBR) this morning announced that it will be resuming its $45 million...

Thursday, August 19, 2021, 12:01:00 PM

Canaccord Increases Price Target On Great Bear Resources To $15

After yesterdays morning news release, Canaccord Genuity increased their price target from C$12 to C$15...

Tuesday, June 9, 2020, 04:08:03 PM

Great Bear: Canaccord Model Is Based On “Initial Applied Resource Of 4 Million Gold Ounces”

Yesterday, Great Bear Resources (TSXV: GBR) reported results from its ongoing exploration program at their...

Thursday, December 10, 2020, 11:21:00 AM

Falcon Gold: Hunting In The Shadows Of Headframes

Its well known in the mining world that the best place to find a mine...

Wednesday, May 27, 2020, 11:00:00 AM