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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 10, 2020 12:08pm
173 Views
Post# 31008986

RE:More drilling

RE:More drillingI believe Chris said 75 meter spacings, but I'm thinking that's sortof a rule of thumb, exploration spacings vs. resource modeling.
Just my theory here :
If you're drilling out into the wild blue yonder, somewhere in the middle of the LP and you hit something that looks like 100 meters of .5 grams your next hole will continue to be 75 meters along the grid however once you tag into a sweet spot like BR -118  ( 104 meters @ 2.67 grams including 13 meters @ 18.57 grams ) Then you say HEEELLLOOO and you tighten up your spacings.
As per my previous post you can pack a lot of Oz. into a very small space when your grades are 2.67 grams, or better yet 18.57 grams. You don't want to miss any of that because that's your orebody, your fast pay back rock, the other is just stuff you throw on the pile for the next 50 years. Hmmm, guess that's our NSR dough, for the Grandkids, so I shouldn't be too dissmissive of that, but anyway.
Do you want me to do that calculation again ? Oh go on I know you do. OK
150 meter gap ( strike ) X 200 meters deep X 100 meters thick X 2.5 gravity X 2.67 grams = 
667,500 OZ. @ US $ 1700 = US $ 1,134,750,000 or C $ 1,588,650,000. 
Freekin Hell !
So I think we drill wide until we find a sweet spot and then we narrow it up when we do. 
Maybe 50 meter spacings or maybe even 25 depending. Think much closer spacing on the
Hinge/Limb for instance but it's a differant animal too. 

Anyway if they'd let me spot a few holes I'd be drilling that bad boy at 10 meter spacings and we'd be releasing 10 holes a week and boom boom boom , $ 50 a share by next month !

Gotta goaweigh now fellas, it's Mothers day, the wretched Kids are still sleeping and I'm on pancake duty as usual. 

Have a good one ! 
 

     
 


skiesthelimit wrote: If we calculate 400 meters wide by 4000 meters long, with a 50 meter grid pattern across that whole area we need 640 holes drilled 500 meters deep. With a 200,000 meter drill program at 500 meters deep we are drilling a total of 400 holes. Not sure if we need 25 meter grid pattern to make sure it’s put into measured and indicated catagory. If that’s the case we need a lot more drilling to be done!!!  Looking forward to more drill results and eventually the resource estimate. But I think we may need a lot more drilling yet.... 

any my insight on what grid pattern is needed to make sure we get all the resource in the measured category would be appreciated. 


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