Great Bear Resources Ltd. has released results from its continuing fully financed $21-million exploration program at its 100-per-cent-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 five-kilometre-long-by-500-metre-deep grid drill program. Gold mineralization has been intersected in all (100 per cent) of the drill holes for which assays have been returned to date. Current drill results are provided by area in the associated table.
Drill results highlights:
- New lateral and vertical drill spacing on 25-to-100-metre centres has confirmed apparent continuity of gold mineralization on multiple drill sections.
- Drill hole BR-101 intersected multiple shallow mineralized intervals along 110 metres of core length. Assays include 42.70 grams per tonne gold over 3.00 metres, including 118.00 g/t gold over 0.50 metre, within a broader interval of 4.24 g/t gold over 52.15 metres.
- Drill hole BR-102 intersected the on-strike continuation of the same shallow mineralization and is collared 143 metres to the southeast of BR-101. Assays include 23.17 g/t gold over 3.50 metres, within a broader interval of 3.10 g/t gold over 48.00 metres.
- Previously reported drill hole BR-020 (Sept. 3, 2019), which assayed 10.65 g/t gold over 17.25 metres, within a broader interval of 5.28 g/t gold over 42.0 metres, is the continuation of the same shallow mineralization and is collared 84 metres south of BR-101.
- The high-grade gold mineralization intersected in BR-020, BR-101 and BR-102 is apparently continuous and projects to within metres of the surface, below shallow gravel cover. Mineralization remains open to extension in all directions.
- A series of nine drill holes were completed within a previously undrilled gap in the LP fault system (formerly, the Gap zone). Highlights include drill hole BR-120 which intersected 9.35 g/t gold over 6.50 metres, which included 97.50 g/t gold over 0.50 metre, within a broader interval of 1.66 g/t gold over 46.10 metres.
- Drill hole BR-121, completed on the same section as BR-120, intersected 4.91 g/t gold over 6.40 metres, which included 18.10 g/t gold over 1.00 metre, within a broader interval of 1.07 g/t gold over 73.85 metres.
- BR-120 and 121 transect the same gold zone 130 and 240 vertical metres below previously disclosed drill hole BR-075 (Dec. 16, 2019), which assayed 16.80 g/t gold over 4.15 metres, within a broader interval of 1.25 g/t gold over 45.50 metres.
- Results show apparent continuity of gold mineralization over approximately 400 vertical metres from surface in this area, which remains open to extension in all directions.
Chris Taylor, president and chief executive officer 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. We plan to return to full drill capacity once pandemic-related work restrictions are lifted, and it is safe to do so. However, even with three active drill rigs the full estimated 300 drill hole program remains on track to be completed by December, 2020.”
CURRENT DRILL RESULTS
Hole ID From To Width* Gold
(m) (m) (m) (g/t)
BR-090 492.00 501.00 9.00 0.69
BR-102 92.00 140.00 48.00 3.10
including 104.00 135.50 31.50 4.42
and including 106.40 107.40 1.00 17.89
and including 126.15 135.50 9.35 9.87
and including 129.15 135.50 6.35 13.99
and including 132.00 135.50 3.50 23.17
BR-101 108.30 108.80 0.50 7.47
and 120.30 133.00 12.70 0.51
including 127.85 128.85 1.00 2.42
and 143.00 160.00 17.00 0.17
and 169.85 233.10 63.25 3.61
including 169.85 222.00 52.15 4.24
and including 195.00 198.00 3.00 42.70
and including 195.50 197.50 2.00 61.73
and including 197.00 197.50 0.50 118.00
and including 211.90 222.00 10.10 5.91
and including 211.90 221.00 9.10 6.50
and including 211.90 217.00 5.10 7.68
and including 212.45 218.00 5.55 7.82
and including 216.00 218.00 2.00 8.21
BR-100 358.00 384.80 26.80 1.41
including 369.20 376.55 7.35 2.97
and including 375.50 376.55 1.05 9.52
and 392.80 400.20 7.40 1.15
BR-069 250.70 286.50 35.80 0.18
and 412.25 415.50 3.25 1.01
including 414.00 414.50 0.50 4.50
BR-085 73.30 105.50 32.20 0.42
including 101.60 102.10 0.50 9.50
BR-086 36.20 47.00 10.80 1.05
including 36.20 43.00 6.80 1.59
and 99.70 111.00 11.30 1.04
and 179.40 228.80 49.40 0.36
including 193.10 207.85 14.75 0.65
and including 199.20 201.95 2.75 1.77
BR-087 205.50 209.10 3.60 3.85
including 207.10 209.10 2.00 6.54
and including 207.10 207.60 0.50 19.20
and 217.00 324.00 107.00 0.61
including 234.50 261.00 26.50 1.02
and including 234.50 237.50 3.00 4.27
BR-121 399.00 472.85 73.85 1.07
including 420.00 433.00 13.00 2.26
and including 451.00 465.40 14.40 2.81
and including 459.00 465.40 6.40 4.91
and including 459.00 460.00 1.00 18.10
BR-120 309.50 355.60 46.10 1.66
including 309.50 322.00 12.50 5.06
and including 315.50 322.00 6.50 9.35
and including 321.50 322.00 0.50 97.90
BR-077 61.50 65.00 3.50 3.16
including 64.00 64.50 0.50 18.80
and 82.00 158.10 76.10 0.34
including 104.00 104.50 0.50 4.32
BR-076 79.50 80.00 0.50 7.50
BR-078 176.00 212.90 36.90 0.42
BR-096 383.00 421.50 38.50 0.28
BR-095 202.00 205.75 3.75 0.27
BR-093 458.00 480.00 22.00 0.63
including 463.60 474.00 10.40 1.00
and 507.05 508.50 1.45 2.00
BR-080 anomalous
BR-081 172.50 175.50 3.00 1.10
BR-092 178.80 191.00 12.20 0.22
and 284.00 311.75 27.75 0.46
including 303.00 304.00 1.00 5.83
and 333.00 343.00 10.00 0.29
BR-079 42.50 56.00 13.50 0.21
BR-083 163.80 164.20 0.40 4.18
and 197.55 216.40 18.85 0.36
and 233.00 251.00 18.00 1.15
including 235.00 238.35 3.35 4.78
and including 237.85 238.35 0.50 24.90
and 295.40 343.60 48.20 0.52
including 320.00 333.00 13.00 1.01
including 325.20 325.90 0.70 6.57
BR-094 458.00 482.50 24.50 0.58
including 476.70 482.50 5.80 2.01
and 491.70 511.70 20.00 1.21
including 494.20 507.00 12.80 1.77
and including 494.20 495.00 0.80 12.10
and including 505.50 507.00 1.50 4.55
BR-082 103.00 116.75 13.75 0.30
BR-084 189.50 191.00 1.50 3.15
and 307.70 333.20 25.50 0.74
including 327.75 328.50 0.75 15.70
and 405.60 435.50 29.90 0.34
including 415.50 416.50 1.00 3.44
Drill sections are arranged from southeast (top of table)
to northwest (bottom of table), corresponding to the map
provided on the company's website.
* Widths are drill-indicated core length, as insufficient
drilling has been undertaken to determine true widths at
this time. Average grades are calculated with uncapped
gold assays, as insufficient drilling has been completed
to determine capping levels for higher-grade gold
intercepts. Average widths are calculated using a 0.10
g/t gold cut-off grade with less than three m of internal dilution
of zero grade.
Other findings from the most recent drilling include:
- Two drill holes, BR-113 and 114, testing the North fault target, returned anomalous gold values within iron formation and metasediments. More follow-up exploration of the North fault target will be undertaken once regional exploration recommences.
- Drill hole BR-091 on Section 18350 is located outside of the eastern limit of planned grid drilling and is the most southeasterly drill hole trace shown in an image on the company’s website along the LP fault. It intersected anomalous gold values of up to 0.82 g/t over 1.6 metres in metasedimentary rocks. Future drilling in this area will focus on identifying favourable felsic volcanic stratigraphy, which typically hosts gold mineralization along the LP fault.
Approximately 220 drill holes remain to be completed as part of the company’s continuing 2020 LP fault drill program. Additional drill holes are also planned into the Dixie Limb and Hinge zones, in additional to other regional targets. The company remains fully financed for this work and does not anticipate requiring further financing in 2020.
About the Dixie project
The Dixie project is 100 per cent owned, comprising 9,140 hectares of contiguous claims that extend over 22 kilometres, and is located approximately 25 kilometres southeast of the town of Red Lake, Ont. The project is accessible year-round via a 15-minute drive on a paved highway which runs the length of the northern claim boundary and a network of well-maintained logging roads.
The Dixie project hosts two principal styles of gold mineralization:
- High-grade gold in quartz veins and silica-sulphide replacement zones (Dixie Limb and Hinge). Hosted by mafic volcanic rocks and localized near regional-scale D2 fold axes. These mineralization styles are also typical of the significant mined deposits of the Red Lake district.
- High-grade disseminated gold with broad moderate to lower-grade envelopes (LP fault). The LP fault is a significant gold-hosting structure, which has been seismically imaged to extend to 14 kilometres depth (Zeng and Calvert, 2006), and has been interpreted by Great Bear to have up to 18 kilometres of strike length on the Dixie property. High-grade gold mineralization is controlled by structural and geological contacts, and moderate to lower-grade disseminated gold surrounds and flanks the high-grade intervals. The dominant gold-hosting stratigraphy consists of felsic sediments and volcanic units.
About Great Bear Resources Ltd.
Great Bear Resources is a well-financed gold exploration company managed by a team with a record of success in mineral exploration. Great Bear is focused in the prolific Red Lake gold district in Northwest Ontario, where the company controls over 300 square km of highly prospective tenure across four projects: the flagship Dixie project (100 per cent owned), the Pakwash property (earning a 100-per-cent interest), the Dedee property (earning a 100-per-cent interest) and the Sobel property (earning a 100-per-cent interest), all of which are accessible year-round through existing roads.
Quality assurance/quality control and core sampling protocols
Drill core is logged and sampled in a secure core storage facility located in Red Lake, Ont. Core samples from the program are cut in half, using a diamond cutting saw, and are sent to SGS Canada Inc. in Red Lake, Ont., and Activation Laboratories in Ontario, both of which are accredited mineral analysis laboratories, for analysis. All samples are analyzed for gold using standard fire assay-AA techniques. Samples returning over 10.0 g/t gold are analysed utilizing standard fire assay-gravimetric methods. Pulps from approximately 5 per cent of the gold mineralized samples are submitted for check analysis to a second lab. Selected samples are also chosen for duplicate assay from the coarse reject of the original sample. Selected samples with visible gold are also analyzed with a standard one-kilogram metallic screen fire assay. Certified gold reference standards, blanks and field duplicates are routinely inserted into the sample stream, as part of Great Bear’s quality control/quality assurance program (QA/QC). No QA/QC issues were noted with the results reported herein.
Qualified person and National Instrument 43-101 disclosure
R. Bob Singh, PGeo, director and vice-president of exploration, and Andrea Diakow, PGeo, exploration manager for Great Bear, are the qualified persons as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.
We seek Safe Harbor.
