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Great Bear Resources Ltd. (GBR.V)

TSXV - TSXV Real Time Price. Currency in CAD
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14.33-0.29 (-1.98%)
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  • s
    scott
    What is the restatement of drill results????
  • J
    JrSr
    VANCOUVER, BC, March 29, 2021 /CNW/ - Great Bear Resources Ltd. (the "Company" or "Great Bear", (TSXV: GBR) (OTCQX: GTBAF) today reported results from its ongoing fully funded $45 million 2021 exploration program at its 100% owned flagship Dixie Project in the Red Lake district of Ontario.
    Expansion of the LP Fault

    • Deep drilling has doubled the drill-confirmed vertical extent of the LP Fault gold zone, which begins at bedrock surface, to approximately 800 vertical metres. The area of ongoing grid drilling extends along 4 kilometres of strike length. Figure 1 and Figure 2.
    • Three new 400 – 450 metre step-down holes drilled along 500 metres of strike length all successfully intersected the continuation of the LP Fault host rocks and gold mineralization at depths of 700 – 820 vertical metres.
    • Gold grades and mineralized zone thickness were better at depth on two of three tested drill sections.
    • Initial deep drilling tested below the most weakly mineralized segment of the LP Fault, formerly referred to as the "Gap" zone (February 13, 2020).
    • Large scale step-out drilling at depth, including below areas of high-grade gold mineralization, will continue throughout 2021.
    High-Grade Gold in the First Deep LP Fault Drill Holes
    • High-grade gold was intersected at depth in two of the three deep drill holes, with better grades and thickness than previously observed in the near surface. All three deep drill holes contained multiple intervals of gold mineralization. Table 1 and Table 2.
    • BR-260 is the deepest LP Fault drill hole to date. It assayed 15.57 g/t gold over 3.05 metres from 942.20 to 945.25 metres, within a broader interval of 1.08 g/t gold over 70.25 metres from 906.15 to 976.40 metres. Figure 3 and Figure 4.
    • While high-grade intervals are the primary drill targets at these depths, the dual high-grade and bulk-tonnage character of the LP Fault gold zone remains strongly developed at depth.
    • Oriented core data collected from these initial deep holes will assist with determining controls to higher grade panels within the broad envelope of gold mineralization.
  • C
    Colin
    Unbelievable great drill results today. Do you're own DD but this story is still under the radar of most investors. Majors are under NDA and cant buy it out early.
  • J
    JrSr
    Great Bear Drills New High-Grade Gold at Northwest LP Fault: 25.12 g/t Gold Over 4.25 m
    March 16, 2021
    March 16, 2021 – Vancouver, British Columbia, Canada – Great Bear Resources Ltd. (the “Company” or “Great Bear”, TSX-V: GBR; OTCQX: GTBAF) today reported results from its ongoing fully funded $45 million 2021 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, “We returned to the northwestern kilometre of the LP Fault zone after more than a year drilling elsewhere along strike, and completed seven new drill holes, four of which are located within a 200 metre long previously undrilled segment of the zone.  We encountered new high-grade gold mineralization in addition to the expected bulk tonnage intervals, and will undertake additional drilling in this area over the coming months.”
    Note the drill holes in this release are located 1.93 – 2.40 kilometres northwest of the drill holes provided in the Company’s news release of March 11, 2021, within the same multi-kilometre continuously mineralized gold zone, the LP Fault.
    This news release provides results from 7 new LP Fault drill holes completed along 250 metres of strike length.  Great Bear has now published results from 267 LP Fault drill holes and anticipates at least 133 additional LP Fault drill holes will be completed by the end of 2021, for a total of at least 400 drill holes.
    New LP Fault drill results from this release are provided in Table 1,  Figure 1, Figure 2 and Figure 3.  Table 2 contains highlighted drill results from initial drilling completed from May 2019 to March 2020.
  • E
    Eniornigan
    Some of that gold you could almost dig with a backhoe...
    Means early start for some mining and generate cash for further exploration.
  • S
    Satariga
    Amazing.. no Reserves declared so far and +$1B market cap already!
    Neutral
  • G
    Giacomo
    Tantalex Resources TTX is your next lithium runner! Huge volume lately including 24mil traded today. Huge PR just released a deal for Tantalum Refinery, drill on their DRC Lithium property and acquisition of a new Niobium-Tantalum asset in Quebec. By tomorrow morning this will be ready for a huge day!
  • F
    FredY
    Gold mining sensation Great Bear talks stellar growth and what’s next after 200% growth
    Gold mining sensation Great Bear talks stellar growth and what’s next after 200% growth
    www.kitco.com
    Bullish
  • A
    Andy
    what is happening?
  • C
    Colin
    Geological model to be released Monday Nov 30th. First real peak for a blind man to see just how large this deposit will be. And its only scratching the surface. Story just gets stronger.
  • P
    Pete
    Geez - hard to move the needle on this one......great news released today and the stock barely moves, with little volume traded. Not to mention little to no action on this board.
    We need some love!!!
  • f
    fred
    This is still just a retail stock. Tires will not buy until resource report is available. Then, an appropriate valuation will emerge. I am looking for 8-12 million oz in that report and a $20-25 stock price. Bigger drill program in 2021 will add to that resource.
  • B
    Bill
    Great Bear has an 11+ km long high-grade gold system, sheets of gold to surface, that it has not yet quantified, the stock has gone up 3800% in the last 3 years. The market cap (shares outstanding relative to gustimated resource I calculate should rise substantially more), the Company is should hit several billion $ market cap with little dilution and thus rise at least 5x within next year imo. One good stock to look at is neighbour Straightup Resources CSE: ST -- Last year Great Bear looked at where they could best replicate success and acquired new land to the noth of Dixie on the same D2 fault like structures and wanted the land Straightup now has but the vendor did not sell to Great Bear as Great Bear offered a deal with no NSR, so he vended into a new company (CSE: ST) that recently started trading , see https://miningmarketwatch.net/st.htm Mining MarketWatch Journal review online about opportunity.
    Mining MarketWatch Journal review of Straightup Resources Inc. CSE: ST
    Mining MarketWatch Journal review of Straightup Resources Inc. CSE: ST
    miningmarketwatch.net
    Bullish
  • J
    John
    What makes a world-class gold deposit? We've put together a list of various factors that investors should consider in their research.
    What makes a world-class gold deposit? We've put together a list of various factors that investors should consider in their research.
    investingnews.com
  • C
    Colin
    With today's announcement even a blind man can connect the dots.
  • f
    fred
    This was the best drill report in months. Au g/m over 100 in every hole and at open pit depth.
  • J
    John
    GTBAF is the only miner I own now. Can't count on foreign governments.

    My guess is they will continue to provide excellent reports and wait.
    From what I read, precious metal price manipulation may be hamstrung by the surge in demand for gold and paper contracts calling for delivery of the product.

    I'm surprised so few people know this stock exists.
    Bullish
  • R
    RJ
    2.58 ounces a ton over 35 feet from bedrock surface and the market sells it down with $2050 gold. I added 500 shares to hold 3000. GLTA
  • R
    Ramon
    We could use another big NR. the public still doesn't seem to understand what potential GBR actually has