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Great Bear Resources Ltd.
Summary
| Project: | Dixie Lake | |
|---|---|---|
| Deposit: | Dixie Limb Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/24/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 24-7-2019: Great Bear Resources Ltd. announces an Exploration/Drilling Update report for its Dixie Limb Zone deposit at the Dixie Lake project. Drilling results incl. 12.10m @ 5.87g/t Au from 205.9m. VANCOUVER, July 24, 2019 /CNW/ - Great Bear Resources L | |
| Resources: | x | |
| CP/QP: | [Overall Report]: R. Bob Singh, Andrea Diakow (Internal) | |
| ABSTRACT: | VANCOUVER, July 24, 2019 /CNW/ - Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR) today reported ongoing drill confirmation of recently predicted high-grade structural gold controls in the Dixie Limb Zone at its 100% owned Dixie Project in the Red Lake District of Ontario. The most recent drill highlights are provided in Table 1. Chris Taylor, President and CEO of Great Bear said, "When I first heard of the Dixie project almost 10 years ago, what we now call the Dixie Limb was the only known significant gold zone on the property. At the time, I was told it was a 4 g/t average gold occurrence. We now know that there are also higher grade gold zones developed along the 600 metre strike length of the target. When we began defining a significant swarm of gold-bearing quartz veins at the adjacent Hinge Zone, we analysed drill data at the Dixie Limb and predicted that veins parallel to the Hinge Zone could also intersect it. Our drilling has confirmed that steeply plunging high-grade gold occurs at and near these intersections, and that these intersections are priority drill targets within the Limb. We will continue to drill these zones to define their number, size, gold endowment, and extent to depth. | |
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