Great Bear Intersects 3.32 G/T Gold Over 43.80 Metres At LP Fault

Great Bear Resources (TSXV: GBR) this morning reported further results from the ongoing exploration of its Dixie Project in Red Lake. A total of 17 holes were released this morning, bringing the total amount of holes released to 300 in the LP Fault zone.

Notably, this mornings release contained the first data on bulk tonnage on the property, with further data set to be released “over the coming months.” The company has reportedly now entered the final months of near-surface maiden mineral resource drilling of the LP Fault, with the current model covering 17 high-grade domains within the larger system.

Highlights from this mornings release include:

  • BR-298: 3.32 g/t gold over 43.80 metres, including 22.79 g/t gold over 4.80 metres
  • BR-299: 2.30 g.t gold over 39.30 metres, including 13.27 g.t gold over 2.35 metres and 4.12 g/t gold over 10.35 metres
  • BR-320: 3.07 g/t gold over 35.60 metres
  • BR-285: 1.11 g/t gold over 91.60 metres
  • BR-286: 1.00 g/t gold over 91.40 metres

Drill results released this morning were reportedly focused on extending mineralization to surface, while drilling between 75 metre to 100 metre undrilled gaps. The holes released come from a 2.2 kilometre section of strike, and were drilled up to 500 metres of depth.

Full details from results released this morning can be found here.

Great Bear Resources last traded at $14.48 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

Why $50 Silver, $4000 Gold Might Be Closer Than Anyone Thinks | Bradley Langille – GoGold Resources

Why Silver’s True Price Could Be Much Higher | Joaquín Marias – Argenta Silver

Gold Enters A ‘Stronger For Longer’ Phase | Richard Young – i-80 Gold

Recommended

Emerita Resources Intersects Further Mineralization At El Cura, Expanding Deposit

ESGold Sees ANT Survey Reveal Vertically Continuous System To 1,200 Metres Depth

Related News

SKRR Exploration Acquires Manson Bay Properties In Trans Hudson Corridor

SKRR Exploration (TSXV: SKRR) has significantly increased its landholdings as of this morning within the...

Tuesday, September 1, 2020, 01:50:52 PM

373 g/t Gold: Highest Surface Grab Sample Ever Reported in Red Lake? | Koby Kushner – Athena Gold

In this interview from the Red Cloud 2025 Mining Conference, Athena Gold Corp. (TSXV: ATHA)...
Wednesday, March 5, 2025, 03:38:00 PM

i-80 Sees 15,752 Ounces Of Gold, 1,440 Ounces Of Silver Produced At South Arturo In Q1

i-80 Gold Corp. (TSX: IAU) provided an update for first quarter 2021 South Arturo production...

Wednesday, May 19, 2021, 08:20:36 AM

Caldas Gold Completes Transition To Aris Gold

Caldas Gold (TSXV: CGC) has completed its previously announced transition to that of Aris Gold....

Thursday, February 4, 2021, 08:37:50 AM

The Deep Dive Compiles Company Profile On AUX Resources

AUX Resources Corporation (TSXV: AUX) is a gold mining company focused on the Stewart Mining...

Saturday, September 12, 2020, 08:30:00 AM