Great Bear Resources, today provided an update on Phase 2 drilling at its Dixie Lake gold project, located in the Red Lake district of Ontario. Drilling commenced on March 14, 2018 and is ongoing. Seven drill holes have been completed at this time, while an estimated eight holes remain to be drilled. The first two of the seven completed drill holes [...]
Great Bear Resources today announced that crews are being mobilized for the Phase 2 drill program at its Dixie Lake gold project, located in the Red Lake district of Ontario. The 3,000 metre Phase 2 drilling program is designed to test four zones on the property: Dixie, Hinge, South Limb and NW zones. The Dixie zone was drilled by GBR in the summer [...]
Great Bear Resources today announced completion of drill hole planning and preparation for a Phase 2 drill program at the Dixie Lake gold project, located in the Red Lake district of Ontario. The drill program will focus on: Extending the strike length of known gold mineralization within the main gold-bearing structure, Testing high-grade gold [...]
Great Bear Resources, today announced it has closed a fully-subscribed private placement, previously announced December 13, 2017, for gross proceeds of $1,018,650. The Company also reports it has received a mineral exploration grant from the Government of Ontario in the amount of $100,000. The 2017 Junior Exploration Assistance Program provides [...]
Great Bear Resources will be issued at a price of $0.30 and will consist of one common share and one-half-of-one common share purchase warrant entitling the holder to acquire one additional common share at a price $0.42 per share for a period of twenty-four months. The common share purchase warrants will be subject to acceleration at the Company's [...]
Great Bear Resources, today announced results of a high resolution airborne magnetic survey completed by the Company in October, and gold exploration results from its West Madsen properties. Gold samples collected at West Madsen occur within prominent geophysically-defined extensions of the gold-hosting geology at Pure Gold Mining's Madsen property [...]
Great Bear Resources , today announced complete results of the summer 2017 drill program completed on the Dixie Lake project, located in the Red Lake district of Ontario. All 8 drill holes returned intervals of gold mineralization. Results are provided in Table 1. The Company has identified four steeply-plunging zones of high grade gold within the [...]
Great Bear Resources today provided an update on geophysical survey progress across its Red Lake gold district projects. The survey is now complete. In total, 2,676 line kilometres of high resolution airborne magnetic data were collected at 50 metre line spacing across all of the Company's Red Lake properties. Results are expected to be received by [...]
Great Bear Resources today announced the commencement of a detailed geophysical survey over its Red Lake District, Ontario properties, and also reported that it has received the first $150,000 payment related to the option of its Golden Triangle, B.C. area projects. Under the terms of the agreement, Great Bear will receive $1,300,000 in cash [...]
Great Bear Resources today announced results from the first 5 holes of an 8-hole drill program completed on the Dixie Lake Project, located in the Red Lake District of Ontario. Highlights of drilling include: Hole DL-005 intersected 10.40 m of 16.84 g/t gold including 1.05 m of 130.10 g/t gold Hole DL-004 intersected 6.30 m of 5.56 g/t gold [...]
Great Bear Resources today announced the expansion of its Dixie Lake gold property, through the staking of an additional 26 mineral claims totalling 5358 hectares. The Dixie Lake property now covers 7106 hectares in the Red Lake district of Ontario. Figure 1: Expanded Dixie Lake Gold property. Total area is now 7106 hectares. To view an enhanced [...]
Great Bear Resources today announced that it has received final approval of the TSX Venture Exchange to grant the option to its joint venture partner, Mountain Boy Minerals, to acquire the Company's 50 percent interest in and to each of the "BA" and "Surprise Creek" joint ventures and associated properties. The option agreement was originally [...]
