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Great Bear Resources Ltd. GTBDF


Primary Symbol: 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

Post by Goaweighon Nov 03, 2019 3:57pm
272 Views
Post# 30302707

I'm predicting Yauro will be our first multi million Oz.

I'm predicting Yauro will be our first multi million Oz.zone.
Some suggest that Hinge/Limb is probably at 1,000,000 oz. already but I suspect we still need dozens of holes before we can make that claim, just the nature of that type of ore.
The Yauro is completely differant and the best zone we've found to date and I'm a bit surprised the market hasn't reacted a bit more positively to it.
However, the flow through and warrants probably play a big part in that, and maybe McEwan too. 
All of those might prove to be a gift that we just aren't recognizing and we'll regret not taking advantage of this brief pause in our upward movement.

Looking at the Yauro and giving it dimensions of only 200 meters along strike by 200 meters wide by 500 meters deep and using 2.5 gravity @ only 1 gram I get 1,666,666 Oz.
Those dimensions are easy to imagine given what we've seen so far so will we average 1 gram in that zone ?
I think that's very doable too, and with so many high grade hits it's not unreasonable to think we could average 2 grams or maybe more.

It won't take a lot of holes in this zone before the market has it's next Ah Ha moment and we break out of this $ 7.00 rut we're stuck in.

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