Explorer Reports Results for Holes Drilled Between Red Lake Project's Subzones

Also, a geochemical survey identifies four new exploration targets.

Great Bear Resources Ltd. (GBR:TSX.V; GTBDF:OTCQX) reported in a news release additional results from its ongoing drill program at its Dixie project in Ontario's Red Lake district.

Between the Bear-Rimini and Yuma subzones, hole BR-043 hit multiple gold intervals along 253.90 meters (253.9m) of core length, including 125m of 1.08 grams per ton (1.08 g/t) gold. Overall, assays demonstrated the gold mineralization there to be continuous, the company noted.

Between the Auro and Yuma subzones, hole BR-035 also intersected several gold intervals. Over 111.30m of core length, they included 15.02 g/t gold over 2.5m within a broader interval of 26m of 2.55 g/t gold.

"The gold mineralized system tends to increase in apparent width with increasing depth in most locations," the release noted.

Great Bear also reported developments concerning the LP fault. For one, the company has mapped, drilled and identified in historical drilling significant along-strike extensions of gold mineralization along 15 kilometers of the LP fault. As drill data from the LP fault become available, Great Bear updates its three-dimensional model of the area.

Also, four new drill targets on the LP fault were delineated through recently received results from the spaciotemporal geochemical hydrocarbon survey conducted along 4 km of the fault in the summer.

"We continue to intersect high-grade gold intervals with comparable widths and grades to what have been mined at the major high-grade deposits in Red Lake," President and CEO Chris Taylor said in the release. "However, these occur within wide envelopes of moderate to low grade gold mineralization, which we observe projecting to surface."

Disclosure:
1) Doresa Banning compiled this article for Streetwise Reports LLC and provides services to Streetwise Reports as an independent contractor. She or members of her household own securities of the following companies mentioned in the article: None. She or members of her household are paid by the following companies mentioned in this article: None.
2) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: Great Bear Resources. Click here for important disclosures about sponsor fees.
3) Comments and opinions expressed are those of the specific experts and not of Streetwise Reports or its officers. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security.
4) The article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports' terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
5) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article until three business days after the publication of the interview or article. The foregoing prohibition does not apply to articles that in substance only restate previously published company releases.