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Great Bear Resources Ltd.
Summary
| Project: | Dixie Lake | |
|---|---|---|
| Deposit: | LP Fault Target | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 4/9/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 9-4-2020: Great Bear Resources Ltd. announces an Exploration/Drilling Update report for its LP Fault Target deposit at the Dixie Lake project. Drilling results incl. 63.25m @ 3.61g/t Au from 169.85m. April 9, 2020 – Vancouver, British Columbia, Canada – G | |
| Resources: | x | |
| CP/QP: | [Overall Report]: R. Bob Singh, Andrea Diakow (Internal) | |
| ABSTRACT: | April 9, 2020 – Vancouver, British Columbia, Canada – Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR) 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. The Company has completed 83 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. Gold mineralization has been intersected in all (100%) of the drill holes for which assays have been returned to-date. Current drill results are provided by area, as shown on Figure 1, and in Table 1. Chris Taylor, President and CEO of Great Bear said, “We continue to observe excellent lateral and vertical continuity of mineralization within the LP Fault gold system. Despite the ongoing COVID-19 pandemic, we have been able to maintain drill operations while continuing to protect our work crews with strict risk mitigation protocols. All geologists and geotechnical staff on site are Red Lake residents, which gives us sufficient staff for three of our five drill rigs to remain active. | |
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