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Bullboard - Stock Discussion Forum 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... see more

OTCQX:GTBAF - Post Discussion

Great Bear Resources Ltd. > Deeper Holes!
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Post by diabase1 on Jun 08, 2020 8:40pm

Deeper Holes!

They are not as good as I expected, especially holes 107 and 108.
Comment by flashcash on Jun 09, 2020 5:06am
107 is not good but 108 is not bad at all, i think the 107 has gone into the surround envelop of lower grade mineralisation. TAKE NOTE: Other drill results: Additional drilling continues to successfully intersect gold mineralization along -----all points----- of the LP Fault. Note all !!!!
Comment by lechmeir on Jun 09, 2020 9:21am
I don't think it's that worrying. There's an area where mineralization seems to thin out towards the southeast. The deep holes at the inflection point near the limb and hinge zones are promising, and the new holes in the northwest section are really impressive.
Comment by Yoda1955 on Jun 09, 2020 1:26pm
You need to understand statistics play a huge part in the evaluation of an ore body, especially vein type deposits where ther is a 100% probability of drilling a bad hole in a good zone. Importantly, Hole 107 did encounter gold, implying CONTINUITY. Yoda
Comment by Goaweigh on Jun 09, 2020 4:02pm
So statistically what would be the probability that you would hit gold on every hole drilled over 5000 meters ?  If there are blank spots in every orebody meaning that the probability of missing every once in awhile is 100 % then hitting 100 % of the time over such a large are must be extremely unlikely. Similiar odds to winning the lottery maybe . Heyyyyyyy, do ya think it's possible ???
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