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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

Comment by allenbowon Feb 22, 2020 1:56pm
207 Views
Post# 30721342

RE:RE:RE:RE:RE:I wish Bob would stop dumbing down his stuff for the sake

RE:RE:RE:RE:RE:I wish Bob would stop dumbing down his stuff for the sake "So, what is the average grade?"   It is still too early to make calculations on average grade that would be considered compliant IMHO - lots more infill drilling to do. However, the thrust of the latest news releases is that very high grade, and high grade, gold mineralisation occurs within low grade halos that extend from depth to near surface and the strike length has increased to an astounding 11 Kilometers along the LP fault, now characterised as one continuous discovery. Thus at least portions of the strike would be amenable to open pit operations to start with which cuts down AISC considerably. 

CT noted that it is usually an accepted 'rule of thumb' that depth of discovery is equal to length of discovery and that deposits widen as the veins and sheets extend deeper.  Deep drilling results will come. This has all the makings of an historic, generational, monster, gold discovery.  In my opinion, but not investment advice, and to quote one source that I fully agree with:  "If this discovery contains half of what we think it does, the SP could be multiples of today's price."


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