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Great Bear Resources Ltd.
Summary
| Project: | Dixie Lake | |
|---|---|---|
| Deposit: | Dixie Limb | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/29/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-11-2018: Great Bear Resources Ltd. announces an Exploration/Drilling Update report for its Dixie Limb deposit at the Dixie Lake project. Drilling results incl. 20.80m @ 1.60g/t Au from 382.70m. Vancouver, British Columbia--(Newsfile Corp. - November 29 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: R. Bob Singh (Internal) | |
| ABSTRACT: | Vancouver, British Columbia--(Newsfile Corp. - November 29, 2018) - Great Bear Resources (TSXV: GBR) (the "Company" or "Great Bear", TSX-V: GBR) today reported results from drilling of the Dixie Limb Zone ("DLZ") completed during the Company's summer 2018 drill program, and designed to test continuity of gold mineralization to depth. The DLZ is a multikilometre gold-mineralized contact that is located north of Great Bear's recent high grade gold discoveries at the Hinge and South Limb Zones, and was the target of most historical drilling. Great Bear also reports that 15 additional drill holes have now been completed in the Hinge and South Limb Zones ("SLZ"). Results are expected in one to two weeks and are not included in this news release. Great Bear has systematically surveyed 108 historical drill collars and completed gyroscopic downhole surveys of 66 historical drill holes within the DLZ to-date. Results indicate many historical holes were mis-located, with maximum deviations approaching 100 metres, and historical drill directions deviated significantly from plan due to magnetic host rocks. These errors led to incorrect historical interpretations including that gold mineralization in the DLZ occurred in en-echelon lens-like zones lacking vertical continuity. The Company tested vertical continuity of the DLZ's gold mineralization with a series of 9 drill holes from 26 metres to 365 metres depth. All holes tested areas previously interpreted as unmineralized and cited as lacking geological continuity. All holes successfully intersected gold mineralization. | |
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