Great Bear Resources Ltd
CVE:GBR) is a mineral exploration stage company, engages in the acquisition and exploration of mineral properties in Ontario’s Red Lake district, historic home of 28 mines and 28 million ounce of gold. Great Bear significantly increased its road-accessible land position in the Red Lake District by 5-fold with its acquisition of the West Madsen gold project announced November 2016 and expansion in August 2017 to 2725 hectares. Together with the Dixie Lake Project to the east, recently expanded in September 2017 to 7106 hectares, Great Bear now has agreements in place to control 9,831 hectares of prospective greenstone belts. On September 7, after completing 1,0000 metres of drilling testing a new geological model at Dixie Lake, the company announced the widest – highest grade intercept on the property to date: 10.4 metres of 16.84 grams per tonne gold. All five the holes reported to date were mineralized with gold. The Company anticipates a fall-winter exploration program consisting of mapping, geophysical investigations, and additional drilling.