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GOLD: Great Bear ramps up Dixie exploration



Fieldwork at Dixie Credit: Great Bear

Fieldwork at Dixie Credit: Great Bear

ONTARIO – Great Bear Resources has announced that there are now five drills working at its Dixie gold project, up from three previously, which returns the company’s drill rate to pre-pandemic levels.

“Great Bear has grown significantly since March, driven by our success with those three rigs,” Chris Taylor, the company’s president and CEO, said in a release. “This (increase in drilling) will accelerate our grid drill program at the LP fault, and allow ongoing simultaneous exploration of additional targets across the property.”

Taylor added that the company’s risk mitigation protocols will remain in place. Great Bear still needs to complete 180 of the 300 holes planned for the LP fault at Dixie this year. The company is drilling this structure on a 5-km-long by 500-metre-deep grid in 2020.

Last week, the company also released drill results from Dixie, which suggest expansions of the mineralization with depth and an additional new gold discovery around the LP fault. Hole BR-129 returned 31.3 metres of 10.06 g/t gold – according to the company, this assay result is the widest interval of high-grade gold from the LP fault to date and suggests growth of the mineralized zone with depth. Drill hole BR-140 also hit a new gold zone within the hangingwall rocks, returning 10 metres of 1.15 g/t gold.

At 91.4 sq. km, Dixie covers 22 km of strike and is 25 km southeast of Red Lake. There are two main styles of gold mineralization at the property:  high-grade gold in quartz veins and replacement zones at the Dixie Limb and Hinge zones as well as high-grade disseminated gold with broad envelopes at the LP fault. The latter is interpreted to cover up to 18 km of strike at Dixie.

For more information, visit www.GreatBearResources.ca.


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