Great Bear Resources today announced the signing of a purchase agreement to acquire 100 percent ownership of additional claims expanding the West Madsen gold project in the Red Lake Gold District of Ontario. The Company is also purchasing all Net Smelter Royalties on the West Madsen project. Key details of the Company's recent acquisitions are [...]
Great Bear Resources today announced that it has extended the terms of certain share purchase warrants exercisable at $0.40. A total of 252,500 Warrants are exercisable until September 8, 2017, each exercisable into one common share of the Company at an exercise price of $0.40 per common share. These Warrants represent share purchase warrants [...]
Great Bear Resources, today announced it has completed Phase 1 drilling at the Dixie Lake gold project in the Red Lake district of Ontario. The Company completed 1047 metres of drilling with eight diamond drill holes along 450 metres of strike of the main mineralized zone on the project. Drill holes tested mineralization between approximately 30 [...]
Great Bear Resources today announced it has closed a non-brokered private placement for gross proceeds of $420,000. The Company has issued 1,680,000 units at a price of $0.25, with each unit consisting 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 $0.35 [...]
Great Bear Resources today announced it has entered into a Purchase Agreement with Newmont Canada Holdings, ULC, a subsidiary of Newmont Mining to acquire Newmont's 33% interest in the Dixie Lake project, located in the Red Lake district of Ontario. The Agreement advances Great Bear's goal of obtaining a 100% ownership interest in the project, and [...]
Great Bear Resources today announced that it has granted an 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. Currently, each of the Company and Mountain Boy hold 50 percent interests in the B.A. and [...]
Great Bear Resources today announced the start of exploration work and diamond drilling in the Red Lake Gold District of Ontario. Great Bear is purchasing a 67% interest in the Dixie Lake project, a from-surface gold system that includes high grade gold intercepts open along strike and at depth. Newmont Mining has a 33% participating interest in [...]
Great Bear Resources today announced drill results from its 50% owned Surprise Creek project in the Golden Triangle region of British Columbia. Results were reported by Mountain Boy Minerals, Great Bear's joint venture partner and operator of the Surprise Creek exploration program. Drilling tested the Ataman zone, a polymetallic VMS-related [...]
Great Bear Resources today announced that it has identified high grade polymetallic mineralization to be targeted in 2017, and has expanded its 50% owned BA property through staking of an additional 469 hectares. The project now spans 25 claims totalling 10,247 hectares and includes strategic ground between the BA zone and highway 37A that is [...]
Great Bear Resources today announced that it has identified high grade polymetallic mineralization to be targeted in 2017, and has expanded its 50% owned BA property through staking of an additional 469 hectares. The project now spans 25 claims totalling 10,247 hectares and includes strategic ground between the BA zone and highway 37A that is [...]
Great Bear Resources is pleased to announce additional trench sampling results from its 50 percent owned BA project in the Golden Triangle district of British Columbia. At the BA project, the BA zone represents the surface exposure of a large VMS system that has been previously drilled-tested over 1.5 kilometres of strike. The zone is located [...]
Great Bear Resources today reported results released by Mountain Boy Minerals from the Ataman VMS zone at the Surprise Creek project in Golden Triangle district of British Columbia. The Surprise Creek property is owned 50% by Great Bear and 50% by Mountain Boy, with Mountain Boy acting as operator. The Ataman zone is located 12 kilometres north of [...]