Wide Shallow Gold Intervals At LP Fault
VANCOUVER - Great Bear Resources Ltd. reported results from its ongoing fully funded $21 million exploration program at its 100% owned flagship Dixie Project, in the Red Lake district of Ontario. Chris Taylor, President and CEO of Great Bear said, "These results again demonstrate the exceptional grade potential and predictability of the LP Fault's near surface bulk tonnage gold mineralization. Notably, drill hole BR-166 intersected two wide zones of higher-grade gold mineralization, which combined averaged 3.76 g/t over a total of 103.4 meters at a vertical depth of 95 - 210 meters. Additionally, the best interval drilled along the eastern portion of the LP Fault grid to date was intersected in drill hole BR-180, which assayed 88.70 g/t gold over 1.35 meters."
The Dixie Project is 100% owned, comprised of 9,140 hectares of contiguous claims that extend over 22 kilometers, and is located approximately 25 kilometers southeast of the town of Red Lake, Ontario. The project is accessible year-round via a 15 minute drive on a paved highway which runs the length of the northern claim boundary and a network of well-maintained logging roads.