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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

Post by goindeeperon Jul 06, 2020 3:16pm
184 Views
Post# 31230129

LP Fault will likely be mined by block cave method

LP Fault will likely be mined by block cave methodeventually, which means a 1 g/t gold grade cutoff could be feasible based on current gold prices.  Therefore we can include any contained ounces above that 1 g/t cut-off in our estimates of resource potential.


cut-off grades of open pit and block cave mining methods are not dramatically different, because the mining costs associated with them are not dramatically different

https://www.researchgate.net/publication/269397396_Open_pit_or_block_caving_A_numerical_ranking_method_for_selection
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