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Great Bear Resources drills 48.67 grams per tonne gold over 8.70 metres at Dixie project in Ontario

The results continue to support continuity of gold mineralization along more than 4 kilometres, which remains open along strike and at depth

Great Bear Resources - Great Bear Resources drills 48.67 grams per tonne gold over 8.70 metres at Dixie project in Ontario
Map of current drill results at the high potential Dixie property in Red Lake in Ontario

Great Bear Resources Ltd (CVE:GBR) released new results Monday from its fully financed 200,000-metre drill program at its wholly-owned Dixie project in the Red Lake district of Ontario.

The Dixie project consists of 9,140 hectares of contiguous claims that extend over 22 kilometres.

The explorer said the results were from the LP Fault target along the Gap, Auro and Bear-Rimini zones. Highlights of recent results include 16.80 grams per tonne (g/t) gold over 4.15 metres, and a separate interval of 1.25 g/t gold over 45.50 metres in the new Gap zone, located between the Bear-Rimini and Yuma zones.

READ: Great Bear Resources eyes "most exciting year to-date" as it expands Dixie drilling to 200,000m

They also include 48.67 g/t gold over 8.70 metres, and 241.88 g/t gold over 1.20 metres in the Auro zone. Separately, the explorer reported 1.13 g/t gold over 41.80 metres, which includes 6.69 g/t gold over 3.50 metres, and 1.13 g/t gold over 37.95 metres in the Bear-Rimini zone.

"With the discovery of high-grade gold mineralization in the new Gap area, the last significant undrilled segment of the LP Fault between the Bear-Rimini and Viggo zones is being successfully filled,” said Great Bear CEO Chris Taylor in a statement.

“Remarkably, all of the drill holes completed in the LP Fault structure to-date have intersected similar gold mineralization and host geology. Results continue to support continuity of gold mineralization along more than 4 kilometres, which remains open along strike and at depth,” he added.

Taylor also talked about the company’s threefold drilling strategy for 2020.

“We plan to continue the discovery process through drill-testing of new targets across the project. Secondly, we plan to continue significant step-out drilling over 12 kilometres of the 18 kilometre LP Fault. Thirdly, we will undertake concurrent closely spaced drilling in areas where we have already successfully intersected gold," said Taylor.

The company said it would share more details about a 2% net smelter royalty spinout in January 2020.

The New Gap Zone

• The company said hole BR-075 was completed between the Bear-Rimini and Yuma zones within a one-kilometre long previously undrilled gap in drilling and intersected 16.80 g/t gold over 4.15 metres, and 1.25 g/t gold over 45.5 metres. Gold was hosted by on-strike extensions of the felsic volcanic geology and quartz-sericite-albite alteration seen in the adjacent zones.

• BR-075 is located on a 200 metre step-out to the northwest from the nearest drilling in the Yuma zone, and a 750 metre step-out to the southeast from the nearest drilling with results in the Bear-Rimini zone. The northern boundary of the LP Fault zone has not yet been intersected, and additional drilling will be required to determine the thickness of gold mineralization in the area.

Auro Zone results

• One of the best holes drilled to-date at the Dixie project has been completed in the Auro zone. Drill hole BR-065 assayed 48.67 g/t gold over 8.70 metres, including 241.88 g/t gold over 1.20 metres.

• BR-065 is located 188 metres to the southeast of Auro zone drill hole BR-020 which yielded 10.65 g/t gold over 17.25 metres.

Bear-Rimini Zone results

• Drill holes BR-041 and BR-042 were completed within the Bear-Rimini zone. Mineralized intervals were intersected 200 metres and 75 metres, respectively, vertically above the mineralized interval in drill hole BR-043, which intersected 125.4 metres of 1.08 g/t gold as was originally reported by the company on October 10.

• Drill hole BR-042 intersected 1.13 g/t gold over 41.80 metres, including 6.69 g/t gold over 3.50 metres, and a second interval of 1.13 g/t gold over 37.95 metres.

• This drill section has defined a zone of continuous mineralization from the near surface to approximately 400 metres vertical depth.

• Additional drill holes have been completed further along the projected strike of the LP Fault zone and within the Gap zone from which assays are pending. Notably, the explorer plans to drill test 12 kilometres of the 18-kilometre long LP Fault target in 2020.

The Dixie property generally hosts two principle styles of gold mineralization. High-grade gold in quartz veins and silica-sulphide replacement zones, and high-grade disseminated gold with broad moderate to lower grade envelopes.

Contact the author Uttara Choudhury at [email protected]

Follow her on Twitter: @UttaraProactive 

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