For thousands of other reports visit RSC's Mineral Intellingence Map
Great Bear Resources Ltd.
Summary
| Project: | Red Lake | |
|---|---|---|
| Deposit: | Dixie Lake | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/2/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 2-11-2017: Great Bear Resources Ltd. announces an Exploration/Drilling Update report for its Dixie Lake deposit at the Red Lake project. Drilling results incl. 10.4m @ 16.84g/t Au from 162.6m. Vancouver, British Columbia--(Newsfile Corp. - November 2, 201 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: R. Bob Singh (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - November 2, 2017) - Great Bear Resources (TSXV: GBR) (the "Company" or "Great Bear"), today announced complete results of the summer 2017 drill program completed on the Dixie Lake project, located in the Red Lake district of Ontario. All 8 drill holes returned intervals of gold mineralization. Results are provided in Table 1. The Company has identified four steeply-plunging zones of high grade gold (containing intercepts with greater than 5 g/t gold, with a high of 163 g/t gold) within the 500 m by 300 m area of the main gold structure that has been drilled to-date. Mineralization displays excellent continuity, with 70 of 73 drill holes (96%) having intercepted at least 3 g/t gold, and 40 drill holes (55%) having intercepted greater than 5 g/t gold. Gold grades are positively correlated with 1) increasing depth, and 2) proximity to the centre of these high grade, steeply plunging gold zones. Results of a high resolution geophysical survey completed inOctober confirmed that the Dixie Lake gold zone occurs within a more than 20 kilometre long, major regional structure onGreat's Bear's claims. The area drilled byGreat Bear is one of several targets with similar geophysical expressions along this trend, suggesting capacity for multiple on-strike gold zones. Historical drilling has confirmed gold mineralization has been intersected along 2.5 kilometres of strike length of this structure to-date | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report