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Great Bear Resources Ltd.
Summary
| Project: | Dixie Lake | |
|---|---|---|
| Deposit: | LP Fault Target | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 12/30/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-12-2019: Great Bear Resources Ltd. announces an Exploration/Drilling Update report for its LP Fault Target deposit at the Dixie Lake project. Drilling results incl. 8.70m @ 48.67g/t Au from 251.60m. VANCOUVER, Dec. 16, 2019 /CNW/ - Great Bear Resources | |
| Resources: | x | |
| CP/QP: | [Overall Report]: R. Bob Singh, Andrea Diakow (Internal) | |
| ABSTRACT: | VANCOUVER, Dec. 16, 2019 /CNW/ - Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR) today reported new results from its fully-funded 200,000 metre drill program at its 100% owned Dixie project in the Red Lake district of Ontario. Results are from the following zones along the LP Fault target: "Gap" (new), Auro and Bear-Rimini. Chris Taylor, President and CEO of Great Bear said, "With the discovery of high-grade gold mineralization in the new Gap area, the last significant undrilled segment of the LP Fault between the Bear-Rimini and Viggo zones is being successfully filled. Remarkably, all (100%) of the drill holes completed into the LP Fault structure to-date have intersected similar gold mineralization and host geology. Results continue to support continuity of gold mineralization along more than 4 kilometres, which remains open along strike and at depth. Our drilling strategy for 2020 is threefold: 1) We plan to continue the discovery process through drill-testing of new targets across the project, 2) we plan to continue significant step-out drilling over 12 kilometres of the 18 kilometre LP Fault, and 3) we will undertake concurrent closely spaced drilling in areas where we have already successfully intersected gold." | |
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