Great Bear Intersects 25.12 G/T Gold Over 4.25 Metres

Great Bear Resources (TSXV: GBR) this morning released further results from its ongoing drill program at its Dixie Project in Red Lake. Highlights from the latest round of assay results come from the northwest portion of the LP Fault zone, where the company encountered 25.12 g/t gold over 4.25 metres in hole BR-271.

Drill results from a total of seven holes were released this morning, all of which come from this northwestern portion of the LP Fault. Four of the holes were along a 200 metre long previously undrilled segment, where the company encountered new high grade mineralization in addition to the bulk tonnage expected. All seven holes meanwhile were from a 250 metre strike length segment of the fault.

The region being drilled was previously referred to as the Bear-Rimini or Discovery Zone, which is where the LP Fault discovery drill hole was first drilled in 2019 when the company first found the fault.

Great Bear Resources last traded at $16.85 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

Gold Could Easily Double Again in This Run!? | Dan Wilton – First Mining Gold

$3300 GOLD: Every $100 Rise in Gold Means Pure Profit |  Ross Beaty – Equinox Gold

First Majestic Silver: The Santo Nino Discovery

Recommended

Emerita Resources Intends To Appeal Exploitation License Granted To Minera Los Frailes

First Majestic Silver: The Santo Nino Discovery

Related News

SSR Mining: Canaccord Reiterates $35 Price Target, Buy Rating

Yesterday, SSR Mining (TSX: SSRM) reported its third quarter results. SSR Mining reported revenue of...

Friday, November 13, 2020, 02:32:00 PM

German Lawmakers Call for Gold Stored in the US to Be Verified, Repatriated

German politicians questioned the security of billions of euros worth of gold reserves stored in...

Tuesday, April 1, 2025, 11:19:00 AM

Kenorland Minerals Drills 17.96 G/T Gold Over 15.40 Metres At Frotet Project

Kenorland Minerals Ltd. (TSXV: KLD) has released the initial drill results from the completed diamond drill...

Tuesday, December 21, 2021, 11:31:00 AM

Caldas Announces US$110 Million Streaming Arrangement With Wheaton, Subsequent Financings

Caldas Gold Corp (TSXV: CGC) this morning announced that it has managed to secure a...

Monday, June 22, 2020, 08:50:23 AM

Starr Peaks Assays Grab Samples At 157 G/T Gold At Turgeon Lake Property

Starr Peak Exploration (TSXV: STE) has finally received assay results from sampling that was conducted...

Wednesday, December 9, 2020, 09:03:50 AM