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Great Bear Resources set to drill potential major gold structure at Dixie project

Published: 09:00 01 Aug 2019 EDT

Mining camp
The resource group said it had also tested a new survey method at its project in Ontario

Great Bear Resources Ltd (CVE:GBR) updated on exploration at its exciting Dixie property in Red Lake, Ontario, where attention has now turned to the LP fault.

The firm has moved its three drill rigs to the structure, believed to be a major gold control which runs for 18km of strike through the Dixie claims.

READ: Great Bear Resources hails more drilling success at Dixie project, Red Lake

There are four near surface gold zones at Dixie, including two new discoveries - the Bear-Rimini and Yuma zones - which are both hosted within and adjacent to the LP fault.

The firm also revealed it has deployed a new geochemical survey method called SGH over 4km of strike at the LP fault - where it has taken 2,100 samples - which is the same technique it used to successfully find bedrock gold below glacial till in the Hinge and Dixie Limb areas.

Results from the LP fault work are expected in between four and six weeks.

The company continues its re-logging, surveying and sampling of historical drill core, collecting lithogeochemical samples and completing petrographic analysis.

"While the Hinge and Dixie Limb Zones continue to generate excellent high-grade gold results and will remain priority drill targets, early drilling of the LP Fault has also been very encouraging, and we plan to move all three of our drills to various targets along the structure as we await backlogged assays from the Hinge and Limb," Chris Taylor, the chief executive of Great Bear said.

District-scale target

Taylor added: "The area of the LP Fault and North Fault that is prospective for gold mineralization covers a district-scale target of approximately 50 square kilometers that is simply too large to explore through drilling alone. The area's bedrock is also 99% covered by a thin, 2 to 10 meter deep glacial till blanket, and hence cannot be directly mapped."

He noted that Great Bear has successfully tested a new geochemical method that is potentially capable of locating bedrock gold drill targets beneath the till cover, and "could accelerate our exploration of this exciting new discovery".

Great Bear continues on its fully funded, 90,000 meter drill program, which is expected to continue through 2019 and 2020. To accelerate the program, a second drill rig was added in February, and a third drill rig arrived in June of 2019.  Around 50,000 meters of drilling remain.

Contact the author at giles@proactiveinvestors.com

Follow him on Twitter@Gile74

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