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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 Goaweighon May 05, 2020 10:29am
164 Views
Post# 30987470

RE:Merging?

RE:Merging?Yes and I've always thought there must be a feeder zone or maybe multiple feader zones along the LP that have pushed fluids up and on one side of the LP fault you have the Hinge and Limb zones which are a certain rock type that's been fractured so the gold was deposited in veins however on the other side of the fault we have a differant rock type, mafics, which are more sponge like, porous, and the gold there was more widely disseminated. As we know we also have cracks in that porous rock that are like sheets that come up from beneath but also follow the contours of the LP and those are where the higher grades are, the Hemlo type stuff. At least my interpretation of what's happening here. 
What's intriguing to me is that Chris has said we have zones on the LP that are 500 meters wide which I presume must mean they're mineralized otherwise who would give a rats arze  so I'm looking forward to seeing what those may hold.
If we like the last hole @ 100 meters then we should like the same @ 500 meters. 
But for now I want to see 20 holes filling in the 150 meter gap and going down to 500 meters. As I mentioned earlier , I figure we could have 1.5 million Oz. of good grade in that one panel and if it continues at depth then we just add to that. 
That one panel of 150 meters is only roughly 4 % of the 4000 meters of strike so we could have 25 of those panels with 1.5 million Oz. each. Now nothing is that homogeneous and we know the LP pinches and swells but that's fine, we don't need 25 panels, just knock off one after the other and I suspect we will get offers coming in long before we ever finnish drilling off 25 panels. 
Or maybe we tap into a 500 meter zone and we start drilling that off. 
Chris is going to have to play this to maximum effect and of course he knows that and I can't complain about the job his team is doing so far. 
I think the fun has just begun !  




diabase1 wrote: Goaweigh and Excel: If you look at Section 20600 (Figure 5 on today's news release) does it not look like two 'horizons' may be merging at depth, creating a potential extremely wide zone a little deeper. In fact, GBR geologists have indicated such a possibility on their section map with dotted lines. Check it out. Maybe others (insitutions) saw this too, and were buying up shares like mad today.


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