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Great Bear Resources (GTBAF) announced significant progress in its ongoing $45 million exploration program at the flagship Dixie Project in Ontario. The expansion of the LP Fault's gold zone now extends to approximately 800 vertical metres. Recent deep drilling revealed high-grade gold with peak grades of 15.57 g/t over 3.05 metres, indicating improved mineralization at depth. A total of 270 drill holes have been completed, with plans for an additional 130 by year-end. This drilling campaign aims to enhance the understanding of the LP Fault's mineral resources.
Great Bear Resources announced results from its $45 million exploration program at the Dixie Project in Ontario. The company drilled seven new holes in the LP Fault zone, revealing high-grade gold mineralization and bulk tonnage intervals. Notable results include drill hole BR-271, which intersected 25.12 g/t gold over 4.25 meters and 1.11 g/t over 23.65 meters. With plans for at least 133 more drill holes this year, Great Bear continues to expand its exploration in this promising gold zone.
Great Bear Resources Ltd. (GTBAF) has reported results from its ongoing $45 million exploration program at the Dixie Project in Ontario. Highlights include results from 10 new LP Fault drill holes, showcasing high gold grades, such as 29.17 g/t over 15.50 metres. The company plans to complete at least 400 drill holes by year-end 2021. New high-grade vein zones and metallurgical drilling are in progress. Regional reconnaissance drilling confirms gold mineralization across over 2.0 km of strike length, with the best intercept at 8.29 g/t over 1.00 metre.
Great Bear Resources Ltd. (GTBAF) announced the addition of Mr. Gilbert Lawson to its Board of Directors. Mr. Lawson brings over 34 years of mining experience, including roles at TMAC Resources and Goldcorp. His expertise, particularly in managing significant gold operations in Ontario, is expected to benefit the company’s Dixie Project, known for its high-grade gold mineralization. The company also granted stock options to a director at $13.98 per share. The Dixie Project is 100% owned, covering over 9,140 hectares and located near Red Lake, Ontario.
Great Bear Resources Ltd. (TSX-V: GBR, OTCQX: GTBAF) announced an expansion of its 2021 exploration program at the Dixie Project in Ontario. The exploration budget has increased from $25 million to $45 million, enabling the completion of approximately 175,000 metres of drilling, totaling 400,000 metres by year-end. The program aims to target the LP Fault and surrounding zones for maiden resource delineation, with five drill rigs currently active and plans for further expansion. Expected cash balance by year-end is $60 million for continued exploration.
Great Bear Resources Ltd. (GTBAF) reported significant findings from its ongoing exploration program at the Dixie Project in Ontario. The latest results include 250 drill holes from the LP Fault, with high-grade gold values such as 13.07 g/t over 16.95 metres in drill hole BR-251. The company anticipates a total of 400 drill holes by year-end and expects to complete a $70 million financing, resulting in over $100 million in cash. An update on the exploration program is expected in early March 2021.
Great Bear Resources Ltd. has reported significant results from its ongoing 2021 exploration program at the Dixie Project in Ontario. The company has observed strong gold zone continuity with 13.38 g/t gold over 18.15 metres from drill hole BR-253 and 4.90 g/t gold over 16.50 metres from BR-250B. Great Bear plans to complete approximately 400 drill holes by the end of 2021, focusing on a continuous gold zone extending over 4 kilometres. The ongoing drilling aims to enhance understanding of the LP Fault gold zone, which remains open for extension.
Great Bear Resources Ltd. (OTCQX: GTBAF) reports significant progress in its $21 million exploration program at the Dixie Project, Ontario, with over 100,000 metres drilled across 180 holes. Key highlights include a drill hole (BR-167) that returned 18.58 g/t gold over 19.25 metres and a wider interval of 7.04 g/t over 54.55 metres, indicating high-grade gold continuity. The results emphasize the scale and consistency of the mineralized system, with 100% of the completed holes returning assays above 1 g/t gold. Further assay results are anticipated soon.
Great Bear Resources Ltd. announced significant results from its $21 million exploration program at the Dixie Project in Ontario. Key highlights include drill hole BR-166, which intersected 3.76 g/t gold over 103.4 meters, and BR-180, which recorded a remarkable 88.70 g/t gold over 1.35 meters. The ongoing drilling on the LP Fault confirms high-grade gold potential across 500 meters deep and 5 kilometers of strike length, with 100% success in intersecting gold mineralization in 172 holes completed.
Great Bear Resources Ltd. has announced updates on metallurgical testing for its flagship Dixie Project in Ontario, with Blue Coast Research Ltd. retained for expert consultation. The metallurgical tests are anticipated to yield estimates of gold recoveries and develop metallurgical flow sheets for various zones. The company reported over 7,465 occurrences of visible gold in drill cores, primarily free gold, suggesting high recovery potential similar to established mines in the Red Lake district. Ongoing sampling and analyses show lower trace elements compared to other local gold deposits.
