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Project: | Dixie Lake | |
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Deposit: | LP Fault Target | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 9/3/2019 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 3-9-2019: Great Bear Resources Ltd. announces an Exploration/Drilling Update report for its LP Fault Target deposit at the Dixie Lake project. Drilling results incl. 53.70m @ 4.20g/t Au from 81.00m. VANCOUVER, Sept. 3, 2019 /CNW/ - Great Bear Resources Lt | |
Resources: | x | |
CP/QP: | [Overall Report]: R. Bob Singh, Andrea Diakow (Internal) | |
ABSTRACT: | VANCOUVER, Sept. 3, 2019 /CNW/ - Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR) today reported multiple gold discoveries along 3.2 kilometres strike length of the approximately 18 kilometre long LP Fault target at its 100% owned Dixie project in the Red Lake district of Ontario. Chris Taylor, President and CEO of Great Bear said, "Our first month of reconnaissance drilling along the LP Fault has been highly successful. To place the scope of our program in context, the combined strike length of significant mine properties in the Red Lake district from the Starratt-Olsen deposit in the southwest, through the central Red Lake Mine Complex, to the Phoenix deposit in the North, is approximately 23 kilometres. This is roughly the same as the strike length as the LP Fault target at Dixie. While the total extent of gold mineralization along the LP Fault is unknown, we have now confirmed gold in all drill holes that intersected the fault along 3.2 kilometres, and will continue aggressive step-out and step-down drilling until we find the system's limits. We plan to have drilled along most of the LP structure by this time next year, and, are already fully funded for this work." | |
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