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Great Bear Resources Ltd.
Summary
| Project: | Dixie Lake | |
|---|---|---|
| Deposit: | Dixie Lake | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 5/11/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-5-2020: Great Bear Resources Ltd. announces an Exploration/Drilling Update report for its Dixie Lake deposit at the Dixie Lake project. Drilling results incl. 19m @ 10.19g/t Au from 1008.55m. VANCOUVER, May 11, 2020 /CNW/ - Great Bear Resources Ltd. (t | |
| Resources: | x | |
| CP/QP: | [Overall Report]: R. Bob Singh (Internal) | |
| ABSTRACT: | VANCOUVER, May 11, 2020 /CNW/ - Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR; OTCQX: GTBDF) today reported results from its ongoing fully funded $21 million exploration program at its 100% owned flagship Dixie Project in the Red Lake district of Ontario. LP Fault drill hole BR-085 (originally reported on April 9, 2020) was extended from 524 metres to a downhole depth of 1,509 metres to intersect the adjacent Dixie Limb zone at depth. It has approximately doubled the confirmed vertical depth of the Dixie Limb zone, intersecting the zone's deepest, widest, and highest-grade interval to date. The drill hole also intersected gold bearing quartz veins that may represent the lateral and vertical extension of the Hinge zone at depth. Results suggest the Dixie Limb and Hinge zones may coalesce at depth. Figures 1, 2 and 3. Chris Taylor, President and CEO of Great Bear said, "With our first deep drill hole, we have doubled the known vertical extent of the Dixie Limb and intersected new Hinge zone style veins that may represent extensions to the Hinge zone. Results also suggest the Dixie Limb and Hinge zone veins may merge at depth | |
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