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Great Bear Resources Ltd.
Summary
| Project: | Dixie Lake | |
|---|---|---|
| Deposit: | Hinge Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 7/10/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 10-7-2019: Great Bear Resources Ltd. announces an Exploration/Drilling Update report for its Hinge Zone deposit at the Dixie Lake project. Drilling results incl. 3.90m @ 18.09g/t Au from 416.30m. VANCOUVER, July 10, 2019 /CNW/ - Great Bear Resources Ltd. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: R. Bob Singh, Andrea Diakow (Internal) | |
| ABSTRACT: | VANCOUVER, July 10, 2019 /CNW/ - Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR) today reported a significant expansion of the Hinge Zone high-grade gold discovery at its 100% owned Dixie Project in the Red Lake District of Ontario. Chris Taylor, President and CEO of Great Bear said, "Our strong results drove us to fast track our exploration process with aggressive new step-down drilling. We have now hit more high-grade gold mineralization 440 metres down-plunge from surface and 150 metres down-plunge from the nearest previously reported high-grade intercept. Results suggest the Hinge Zone projects from near-surface with significant depth potential, and contains a high degree of continuity of gold mineralization within its extensive vein network. During 2019, we plan to test its continuity down to increasing depths, and will also drill deeper and along strike into what we interpret as at least 6 additional gold zones with similar plunges along the 500 metre strike length of the Hinge Zone vein swarm we have drilled so far." New 3D sections of the Hinge Zone and Dixie Limb, showing multiple steeply-plunging gold zones, are provided in Figure 1, Figure 2 and Figure 3. The most recent assay results are provided in Table 1. | |
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