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Great Bear Resources Ltd. GTBAF

Great Bear Resources Ltd. is a Vancouver-based gold exploration company focused on advancing its 100% owned Dixie project in Northwestern Ontario, Canada. A significant exploration drill program is currently underway to define the mineralization within a large-scale, high-grade disseminated gold discovery made in 2019, the LP Fault. Additional exploration drilling is also in progress to expand and infill nearby high-grade gold zones, as well as to test new regional targets.


OTCQX:GTBAF - Post by User

Comment by lumpy13on Jul 25, 2019 2:16pm
117 Views
Post# 29960360

RE:RE:RE:RE:The efficiency of GBR projects

RE:RE:RE:RE:The efficiency of GBR projectsStrongly suggest watching the June Corporate Update webinair, which can be found on the link below.  

Chris starts speaking at the 15 minute mark and it goes for over an hour, with him discussing their different deposits, their drilling strategy and then taking questions from analysts.  

Apologies if this was posted previously (as it was done in June) but it is quite revealing in understanding Chris's approach to developing Great Bear.  Bottom line, given that their drilling keeps finding gold bearing ore (and different types of gold bearing ore) over such a wide area, the company's strategy (at least at this point) is to just keep drilling over the next few years.  Until there is a better sense of how many areas on the property have gold ore, he's in no hurry to come up with with reserve and resource numbers as he believes it would understate GBR's potential.  As shareholders, we'll need to be patient and in for a long ride (unless, someone jumps in with an acquisition offer.)

https://greatbearresources.ca/media/
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