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Great Bear Resources Ltd.
Summary
| Project: | Dixie Lake | |
|---|---|---|
| Deposit: | Dixie Lake | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/30/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-4-2019: Great Bear Resources Ltd. announces an Exploration/Drilling Update report for its Dixie Lake deposit at the Dixie Lake project. Drilling results incl. 11.30m @ 4.67g/t Au from 130.80m. Vancouver, British Columbia--(Newsfile Corp. - April 30, 20 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: R. Bob Singh, Andrea Diakow (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - April 30, 2019) - Great Bear Resources Ltd. (TSXV:GBR) (the "Company" or "Great Bear") today reported the discovery of a new gold control within its Dixie Limb Zone ("DL") target which is associated with thickened and higher-grade gold mineralization. The new discovery enhances the DL as a significant potential host of high-grade gold. The DL is the original gold discovery at the Dixie project, made by Teck Resources. It is located approximately 200 metres to the north of, and is sub-parallel to, Great Bear's 2018 high-grade gold discovery at the Hinge Zone ("DHZ"). Nine additional drill holes have also been completed into the Hinge Zone for which assays are pending; these results will be released when available. Continued drilling of the DHZ remains a top priority through 2019 and 2020, as part of the Company's fully-funded 60,000 metre drill program. The Company also reports it has entered into a binding Letter of Intent ("LOI") withGoldON Resources Ltd. (TSX-V: GLD, "GoldON") whereinGoldON has the option to earn an initial 60% interest, and a subsequent 100% interest inGreat Bear's West Madsen property | |
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