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Great Bear Resources Ltd. GTBAF

Metals & Mining Gold
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

Great Bear Resources Ltd. > Why can't inferred resources be calculated instantaineously?
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Comment by Chad005on Oct 25, 2019 6:22pm
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Post# 30271565

RE:RE:Why can't inferred resources be calculated instantaineously?

RE:RE:Why can't inferred resources be calculated instantaineously?That’s why I got excited about the last drill results.

I think most people freaked out when McEwen Mining sold off 1 million shares and the share price pulled back.  The last drill results were showing continuity of mineralization.  The strike length of the LP fault is HUGE...  We aren’t close to inferred resource estimates yet, but break out a calculator and try even low ball estimates right now...

The disseminated gold they keep hitting is going to add up the oz’s quick.  This is exactly what a big gold company is looking for.  If they keep saying continuity of mineraliztion each time they drill...  Every time they step out and find disseminated gold we are closer to the godfather offer, which is why the royalty news came to hold that off.

I’m not looking for inferred estimates anytime soon, if they keep hitting the same mineralization on these step outs that’s good enough for me.




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