Great Bear Resources unveils yet more positive drill assays from flagship Dixie gold project in Red Lake

Great Bear Resources Ltd (CVE:GBR) (OTCQX:GTBAF) (FRA:0G6A) continues to provide the market with positive drill results from its flagship Dixie project in Red Lake.

The latest assays "again demonstrate the exceptional grade potential and predictability of the LP Fault's near surface bulk tonnage gold mineralization", the firm's CEO Chris Taylor said in a statement on Monday.

Great Bear is in the midst of a C$21 million exploration program and it continues to define gold along five kilometres of strike at the LP Fault, to a depth of around 500 metres (m).

All of the 172 LP Fault holes completed so far have successfully hit the structure and gold mineralization, the firm noted.

"Notably, drill hole BR-166 intersected two wide zones of higher-grade gold mineralization, which combined averaged 3.76 g/t over a total of 103.4 metres at a vertical depth of 95 - 210 metres," added Taylor.

"Additionally, the best interval drilled along the eastern portion of the LP Fault grid to date was intersected in drill hole BR-180, which assayed 88.70 g/t gold over 1.35 metres."