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.

Video Articles

Goliath Resources Hits 10.60 g/t Gold Over 22.82 Metres, Highest Grade Results In Third Distinct Rock Package At Surebet Discovery

Four Countries Control the Fertilizer That Feeds the World | Sage Potash

$10,000 Gold Is Just A Question of Time | Florian Grummes

Recommended

ESGold Outlines $24.3 Million NPV For Tailings Reprocessing Project

First Majestic Encounters 711 g/t Silver Equivalent Over 8.0 Metres In Ongoing Exploration At Los Gatos

Related News

K92 Mining Releases Assays From Twelve Drill Holes At Kora Deposit

K92 Mining (TSXV: KNT) this morning released results from drilling that is ongoing at its...

Thursday, August 27, 2020, 08:38:02 AM

Marathon Gold Announces Additional 8,000 Metre Infill Drilling Campaign At Berry Zone

Marathon Gold (TSX: MOZ) this morning announced the expansion of ongoing drilling at its flagship...

Monday, August 24, 2020, 08:15:23 AM

Elevation Gold Sees Q3 2021 Revenue Decline To US$12.1 Million

Elevation Gold Corp. (TSXV: ELVT) announced on Friday its financial results for the quarter ending...

Monday, November 29, 2021, 11:33:00 AM

Retail Turns To Silver: Metal Has Several Positive Attributes Versus Gold

In the stock market frenzy around stocks such as GameStop, AMC Entertainment, and Blackberry, numerous...

Monday, February 1, 2021, 10:34:00 AM

Saudi Arabia Mulls Building Gold Refineries to Cut Down on Foreign Processing Costs

Saudi Arabia is considering building its own gold refineries in an effort to reduce costs...

Sunday, June 12, 2022, 01:04:00 PM