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Great Bear Resources Ltd.
Summary
| Project: | Dixie Lake | |
|---|---|---|
| Deposit: | LP Fault | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 6/11/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 11-6-2020: Great Bear Resources Ltd. announces an Exploration/Drilling Update report for its LP Fault deposit at the Dixie Lake project. Drilling results incl. 45.1m @ 14.56g/t Au from 178m. June 11, 2020 – Vancouver, British Columbia, Canada – Great Bear | |
| Resources: | x | |
| CP/QP: | [Overall Report] R. Bob Singh (Internal) | |
| ABSTRACT: | June 11, 2020 – Vancouver, British Columbia, Canada – Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR; OTCQX: GTBAF) today reported results from its ongoing fully funded $21 million exploration program at its 100% owned flagship Dixie Project in the Red Lake district of Ontario. Chris Taylor, President and CEO of Great Bear said, “Drill hole BR-137 has intersected the highest grade, widest gold interval at the LP Fault to date. It was completed in a 90 metre long previously undrilled segment of the LP Fault. Results include up to 18.5 ounces per tonne (576 g/t) gold over a metre, within a broader interval of approximately one ounce per tonne (31.33 g/t) gold over 20.55 metres. More importantly, all adjacent drill holes, both vertically on the same section and laterally along strike, are also strongly mineralized over significant widths, suggesting excellent continuity of high-grade gold mineralization.” The Company has completed 115 of approximately 300 planned drill holes into the LP Fault target, as part of its 5 kilometre long by 500 metre deep grid drill program. Current drill hole locations and results are provided in Figure 1, and in Table 1, respectively. An updated long section of the LP Fault drilling is provided in Figure 2. | |
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