Great Bear Resources Ltd. GTBAF

After looking at the two blobs on the presentation I was

[Goaweigh]

 wondering how many Oz. those two blobs might contain and so here's my thinking on that.

North Blob:  I'm giving dimensions of 750 meters strike x 200 meters thick x 200 meters deep and using gravity of 2.5 @ 1 gram. 
Multiply that all up and you get 2,500,000 Oz. in the North Blob

South Blob: I'm giving dimensions of 1500 meters strike x 200 meters thick x 200 meters deep and using gravity of 2.5 @ 1 gram.
Multiply that all up and you get 5,000,000 Oz. in the South Blob.

So there we have 7,500,000 Oz.

It's impossible to accurately calculate the dimensions of those two blobs but I think mine are on the low side and we don't have any idea about average grades, they could be 2 grams or even 3 grams when you factor in the higher grades and then we haven't done any drilling to connect the 2 blobs yet so that's a factor too.

Any way you care to calculate it, looks like there could be plenty of gold in just those two blobs !

 

[captainpooby1]

While you have your pen and napkin out, can you do a quick estimate of the “gap” between the blobs and the hinge zone? Assume the “gap” is mineralized the same as the blobs. Thanks!

[Goaweigh]

The strike length we know of so far is 4,000 meters and I'm using 2250 of that (  North @ 750 meters + South @ 1500 meters ) So using all 4,000 would get us to 13,000,000 Oz. + The gaps yet to be filled are in between the two blobs running along the fault North/South. The Hinge is an entirely differant beast in my view so I don't think the two necessarily have much to do with each

[captainpooby1]

And you only used 200 meters depth for the blobs and gap. The bottom of the blobs is 500 meters and it goes to near surface. You could use 3 or 4 hundred meters and no one would fault you either. We are beyond millions of ounces. We are at metric f**k tons of gold. For anyone reading who doesn’t understand what the term “blobs” refers to, it’s from a new graphic Chris Taylor used in yesterday’s

[Canuck11]

Can you provide a link to the webinar please. Thanks

[Goaweigh]

Just to add to the craziness the LP fault runs to 14000 meters deep. The deepest open pit is Bingham Canyon at 1200 meters and depending on our grades we could do the same and then go underground but we'd be chasing the high grade only at that point.  Still, unless everyone associated with this project is a crook or has Royalty screwed it up,  it's difficult to see how we couldn&

[kirk15]

its not like Red Lake is a secret.

[Goaweigh]

I enjoyed the part of Chris's presentation where he lays our Blobs over known ore bodies like Malartic and Hemlo and ours is still only scratching the surface. Even my calculations are choked back from what we can see in our own presentation, the grade being the only unknown. Without actually saying it he made the case that this one area could contain 20 Million + Oz. and from what he was

[Goaweigh]

Here are some earlier calculations on the tonnage and Oz.'s contained in the two Blobs. Now I suspect our drilling is filling in the gap between the two blobs and maybe even deepening it in preparation for our " Maiden Resource" estimate.  But I don't think we will actually be able to come up with a 43-101 compliant resource covering the entire extent of the 4 Km's or

[flashcash]

Red lake mine goes down 2600m ! Imagine a resource 10m x 23 000 m x 2600 m ! The mind boggles. GLA