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Great Bear Resources reveals new high-grade gold zone at Dixie property in Red Lake

The new shallow high-grade gold zone is located west of the Hinge Zone, where Great Bear made a large discovery one year ago

Great Bear Resources - Great Bear Resources reveals new high-grade gold zone at Dixie property in Red Lake
Drill results showed high-grade gold within a new steeply-plunging zone

Great Bear Resources Ltd (CVE:GBR) celebrated the one-year anniversary of its Hinge Zone discovery at the Dixie project by uncovering a new high-grade gold zone at the Red Lake project.

New drill results revealed 30.8 grams per ton of gold over 2.5 metres within a broader zone of 7.4 grams per ton gold over 13.2 metres, at a vertical depth of 68 metres, indicating a new steeply-plunging zone.

The new sub-zone also returned assay results of 20.4 grams per ton gold over 2.2 metres within a wider interval of 2.1 grams per ton gold over 29.8 metres.

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

“It would have been difficult to imagine last summer just how much progress we would make in only one year,” said Chris Taylor, Great Bear’s CEO in a statement.

“The most exciting aspect of the Dixie project is that the pace of discovery has continued to accelerate, and we look forward to what our fully-funded drill campaign will continue to yield through 2019 and 2020."

Drilling at Dixie Limb on the property also returned results including 21.5 grams per ton gold over 2.4 metres within a broader interval of 9.7 grams per ton over 5.6 metres. Drilling continues to encounter high-grade gold intervals near the predicted intersections of Hinge-Zone style gold-bearing veins with the Dixie Limb contact, according to Great Bear.

Vancouver-based Great Bear is undertaking a 90,000 metre drill program that is expected to continue through 2019 and 2020.  Approximately 45,000 metres of drilling remain in the current program.

Contact Angela at [email protected]

Follow her on Twitter @AHarmantas

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Price: 16.01 CAD

Market: TSX-V
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Great Bear Resources find more high-grade gold in previously undrilled area...

Great Bear Resources (CVE: GBR- OTCQX: GTBAF) President and CEO Chris Taylor joined Steve Darling from Proactive Vancouver with news the company has again released impressive drill results from their Dixie Project in Red Lake Ontario. Taylor telling Proactive these results were from a...

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