Great Bear reports wide, shallow gold intervals from the LP fault
Drillhole BR-180 returned 1.4 metres of 88.7 g/t gold from 238 metres, within an 18-metre long section of 6.92 g/t gold. The 1.4-metre intercept, from the eastern kilometre of the current 5-km long grid drill program is “the best gold interval to date” from this section of the LP fault. Only 17 holes have been completed along this eastern zone to date.
“These results again demonstrate the exceptional grade potential and predictability of the LP fault’s near-surface bulk tonnage gold mineralization,” Chris Taylor, Great Bear’s president and CEO, said in a release.
A C$21-million, 110,000-metre exploration program is ongoing at Dixie. All of the 172 drill holes completed into the LP fault to date have returned gold mineralization.
There are two exploration targets at the 91.4-sq.-km Dixie property: mafic-rock hosted high-grade gold in quartz veins and replacement zones at the Dixie Limb and Hinge and Arrow zones as well as felsic sediment and volcanic-hosted high-grade disseminated gold with broad envelopes at the LP fault.
(This article first appeared in the Canadian Mining Journal)