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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 Ivorygullon Dec 02, 2020 3:16pm
198 Views
Post# 32019725

RE:RE:RE:RE:RE:Rights

RE:RE:RE:RE:RE:Rights
diabase1 wrote: Another takeaway from the video is that there is the potential that both the Hinge and Limb zones merge at depth. A deeper drill hole will have to prove that up. 


I heard that as well. I believe they said around 3.5 kms. What was interesting in regards to these, is that when Dave Talbot asked a question, Chris talked of the fact that he (Dave), had noticed that the high grade purple areas weren't just in the LP Fault zone, but were also lining up outside of it. And that could mean that the zones like the H,L,A are being fed from this high grade that is also in the LP Fault. If so, there could be more of them along the fault.

For those of us interested in the North Fault, someone asked a question about it, and Chris or Bob did say that it could quite likely host gold, but due to the Geology, it would be more like the Hinge and Limb high grade style rather than the diseminted LP Fault style.

As for the rights (sorry leichmeir) at the 11:50 mark, Chris said that they were overly subscribed. I take that to mean that a lot of us who could, not only wanted to take advantage of the rights we were offered, but we also wanted a lot more. Hopefully they will let everyone have what they asked for. Afterall they were trying to raise money through us the shareholder and we obviously were willing to help out.



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