GREAT BEAR RESOURCES

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Great Bear Resources Ltd is a precious metals exploration company. It explores for mineral properties in British Columbia and Quebec, Canada. Its property portfolio includes Great Bear's Red Lake Properties (two claim blocks) and Dixie Lake Project.

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GREAT BEAR RESOURCES

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Great Bear Resources Ltd is a precious metals exploration company. It explores for mineral properties in British Colu......

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8020 Admin posted a press release Great Bear Announces Upsized Bought Deal Private Placement of Flow-Through Common Shares to C$8.2 Million in GREAT BEAR RESOURCES


/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TSX-V:  GBR                                                                             


VANCOUVER, June 13, 2019 /CNW/ - Great Bear Resources Ltd. (TSXV:GBR) ("Great Bear" or the "Company") is pleased to announce that in connection with its previously announced bought deal financing, the Company and a syndicate of underwriters led by Cormark Securities Inc. ("Cormark") and including Canaccord Genuity Corp. (collectively, the "Underwriters") have agreed to increase the size of the previously announced financing. The Company will now issue 1,500,000 common shares that qualify as "flow-through shares" of the Company for the purposes of the Income Tax Act (Canada) ("Flow-Through Common Shares") at a price of $5.45 per Flow-Through Common Share, on a "bought deal" private placement basis, for aggregate gross proceeds to the Company of approximately C$8.2 million (the "Offering"). The Company has also granted the Underwriters an option to sell up to an additional 500,000 Flow-Through Common Shares at the offering price up to the closing date.


The proceeds from the Offering will be used to incur "Canadian exploration expenses" (within the meaning of the Income Tax Act (Canada)) related to Great Bear's projects in Ontario. The Company will renounce these expenses to the purchasers with an effective date of no later than December 31, 2019.


The Offering is scheduled to close on or about July 3, 2019 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange.


Chris Taylor, President and CEO of Great Bear said, "Interest in this placement from top tier investors whom we are pleased to include as shareholders has exceeded our capacity to accommodate within the terms announced on Wednesday.  We are therefore pleased to announce expansion of the placement, and know that we will benefit from the added flexibility this additional funding will provide at the exploration level at Dixie."


This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.


About Great Bear
Great Bear Resources Ltd. (TSX-V: GBR) is a well financed company based in Vancouver, Canada, managed by a team with a track record of success in the mineral exploration sector. Great Bear holds a 100% interest, royalty free, in its flagship Dixie property, which is road accessible year-round via Highway 105, a 15 minute drive from downtown Red Lake, Ontario.  The Red Lake mining district is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Newmont Goldcorp Corp., plus modern infrastructure and a skilled workforce. Gold production from the Red Lake district does not necessarily reflect the mineralization that may, or may not be, hosted on the Company's Dixie property.  The Dixie property covers a drill and geophysically defined multi-kilometre gold mineralized structure similar to that associated with other producing gold mines in the district.  In addition, Great Bear is also earning a 100% royalty-free interest in the Pakwash, Dedee and Sobel properties, which cover regionally significant gold-controlling structures and prospective geology elsewhere in the Red Lake district.  All of Great Bear's Red Lake projects are accessible year-round through existing roads.


ON BEHALF OF THE BOARD


"Chris Taylor"                                


Chris Taylor, President and CEO


Inquiries:
Tel: 604-646-8354
Fax: 604-646-4526
info@greatbearresources.ca
www.greatbearresources.ca


Forward-Looking Information


This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE Great Bear Resources Ltd.


View original content: http://www.newswire.ca/en/releases/archive/June2019/13/c4349.html



Mr. Chris Taylor, P.Geo, President and CEO at 604-646-8354, or Mr. Knox Henderson, Investor Relations, at 604-551-2360.

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8020 Admin posted a press release Great Bear Announces C$5.5 Million Bought Deal Private Placement of Flow-Through Common Shares and Expansion of Drill Program to 90,000 m in GREAT BEAR RESOURCES


/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TSX-V:  GBR

VANCOUVER, June 12, 2019 /CNW/ - Great Bear Resources Ltd. (TSXV:GBR) ("Great Bear" or the "Company") is pleased to announce that it has entered into an agreement with Cormark Securities Inc. ("Cormark") to act as lead underwriter of a syndicate of underwriters that includes Canaccord Genuity Corp. (collectively, the "Underwriters"), pursuant to which the Underwriters shall purchase 1,000,000 common shares that qualify as "flow-through shares" of the Company for the purposes of the Income Tax Act (Canada) ("Flow-Through Common Shares") at a price of $5.45 per Flow-Through Common Share, on a "bought deal" private placement basis, for aggregate gross proceeds to the Company of approximately C$5.45 million (the "Offering"). The Company has also granted the Underwriters an option to sell up to an additional 150,000 Flow-Through Common Shares at the offering price up to the Closing Date.


The proceeds from the Offering will be used to incur "Canadian exploration expenses" (within the meaning of the Income Tax Act (Canada)) related to Great Bear's projects in Ontario. The Company will renounce these expenses to the purchasers with an effective date of no later than December 31, 2019.


The Offering is scheduled to close on or about July 3, 2019 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange.


Chris Taylor, President and CEO of Great Bear said, "By raising an additional $5.5 million, we will have over $15 million in cash on hand and will have funded the expansion of our ongoing drill program by an additional 30,000 metres, for a new total of 90,000 metres of drilling.  Coupled with the potential for an additional $7.8 million from warrant exercise, Great Bear will remain very well funded with the flexibility to significantly expand and extend our drilling as required. We are strongly positioned to benefit from one of our industry's most significant exploration drill campaigns through 2019 and 2020."


This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.


About Great Bear


Great Bear Resources Ltd. (TSX-V: GBR) is a well financed company based in Vancouver, Canada, managed by a team with a track record of success in the mineral exploration sector. Great Bear holds a 100% interest, royalty free, in its flagship Dixie property, which is road accessible year-round via Highway 105, a 15 minute drive from downtown Red Lake, Ontario.  The Red Lake mining district is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Newmont Goldcorp Corp., plus modern infrastructure and a skilled workforce.  Gold production from the Red Lake district does not necessarily reflect the mineralization that may, or may not be, hosted on the Company's Dixie property.  The Dixie property covers a drill and geophysically defined multi-kilometre gold mineralized structure similar to that associated with other producing gold mines in the district.  In addition, Great Bear is also earning a 100% royalty-free interest in the Pakwash, Dedee and Sobel properties, which cover regionally significant gold-controlling structures and prospective geology elsewhere in the Red Lake district.  All of Great Bear's Red Lake projects are accessible year-round through existing roads.


ON BEHALF OF THE BOARD


"Chris Taylor"                                  


Chris Taylor, President and CEO


Inquiries:
Tel: 604-646-8354
Fax: 604-646-4526
info@greatbearresources.ca
www.greatbearresources.ca


Forward-Looking Information


This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE Great Bear Resources Ltd.


View original content: http://www.newswire.ca/en/releases/archive/June2019/12/c0534.html

Mr. Chris Taylor, P.Geo, President and CEO at 604-646-8354, or Mr. Knox Henderson, Investor Relations, at 604-551-2360.

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8020 Admin posted a press release Great Bear Mobilizes Third Drill Rig to Bear-Rimini Discovery at Dixie in GREAT BEAR RESOURCES





TSX-V:  GBR     

VANCOUVER, June 11, 2019 /CNW/ - Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR) today reported mobilization of a third drill rig to its 100% owned Dixie Project in the Red Lake District of Ontario, as part of its ongoing fully-funded 60,000 metre drill program.


The third drill will target the new Bear-Rimini Zone and the "LP Fault", which is the 18 kilometre long structural target that is adjacent to, and partially hosts, the discovery as shown on Figure 1.  Drilling is expected to begin at the Bear-Rimini Zone using the third drill rig within a few days.


The Bear-Rimini discovery consists of multiple zones of shallow high-grade gold mineralization in drill hole DNW-011.  Highlight intervals include 14.00 metres of 12.33 g/t gold including 4.60 metres of 30.90 g/t gold, and 2.00 metres of 194.21 g/t gold including 0.50 metres of 759.38 g/t gold (see Great Bear news release of May 28, 2019).  The high-grade gold intervals were intersected at less that 100 metres vertical depth in the footwall of the LP Fault.  Mineralization within the fault zone itself returned a separate interval of 50.60 metres of 0.74 g/t gold.  15 additional historical drill holes have also cut the LP Fault along 2.5 kilometres of strike length and intercepted similar lower-grade mineralization to that observed within the fault in DNW-011.


Chris Taylor, President and CEO of Great Bear said, "Approximately 30,000 metres of our fully-funded 60,000 metre drill program remain to be drilled this year.  Two drill rigs are currently on site at Dixie and will continue to drill the Hinge and Dixie Limb Zones.  The third drill rig is expected to be dedicated to ongoing drilling of the Bear-Rimini Zone and LP Fault.  The Company will continue to systematically and rapidly explore the high-grade gold zones discovered to date, plus several additional high priority targets that have also been identified across the property."


About Great Bear


Great Bear Resources Ltd. (TSX-V: GBR) is a well financed company based in Vancouver, Canada, managed by a team with a track record of success in the mineral exploration sector. Great Bear holds a 100% interest, royalty free, in its flagship Dixie property, which is road accessible year-round via Highway 105, a 15 minute drive from downtown Red Lake, Ontario.  The Red Lake mining district is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Newmont Goldcorp Corp., plus modern infrastructure and a skilled workforce.  Gold production from the Red Lake district does not necessarily reflect the mineralization that may, or may not be, hosted on the Company's Dixie property.  The Dixie property covers a drill and geophysically defined multi-kilometre gold mineralized structure similar to that associated with other producing gold mines in the district.  In addition, Great Bear is also earning a 100% royalty-free interest in the Pakwash, Dedee and Sobel properties, which cover regionally significant gold-controlling structures and prospective geology elsewhere in the Red Lake district.  All of Great Bear's Red Lake projects are accessible year-round through existing roads.



Figure 1: Map of the Dixie project showing the location of known gold zones (DHZ, DL, DNW and DNE) and current drill results.  The location of the LP Fault drilled in DNW-011 is shown in red dashes.  The Bear-Rimini Zone is labelled “BR”. (CNW Group/Great Bear Resources Ltd.)



Mr. R. Bob Singh, P.Geo, Director and VP Exploration, and Ms. Andrea Diakow P.Geo, Exploration Manager for Great Bear are the Qualified Persons as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.


ON BEHALF OF THE BOARD


"Chris Taylor"                                  


Chris Taylor, President and CEO


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.


We seek safe harbor


View original content to download multimedia:http://www.prnewswire.com/news-releases/great-bear-mobilizes-third-drill-rig-to-bear-rimini-discovery-at-dixie-300865161.html


SOURCE Great Bear Resources Ltd.


View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2019/11/c2260.html



please contact Mr. Chris Taylor, P.Geo, President and CEO at 604-646-8354, or Mr. Knox Henderson, Investor Relations, at 604-551-2360. Inquiries: Tel: 604-646-8354, Fax: 604-646-4526, info@greatbearresources.ca , www.greatbearresources.ca 

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8020 Admin

28 days

8020 Admin posted a press release Great Bear to Host a Webinar on Wednesday May 29th @ 8:00am PDT/11:00pm EDT to Provide Update on Dixie Drill Program in GREAT BEAR RESOURCES


VANCOUVER, May 21, 2019 /CNW/ - Great Bear Resources (the "Company" or "Great Bear", TSX-V: GBR) would like to invite interested shareholders to join Mr. Chris Taylor, President and CEO and Mr. R. Bob Singh, Vice President, Exploration for a webinar detailing recent progress in the Company's ongoing fully-funded 60,000 metre drill program at it's 100% owned Dixie property in the Red Lake district of Ontario.



The webinar will take place on Wednesday, May 29th at 8:00am PST/11:00pm EST. Management will be available to answer questions following the presentation. Online registration and participation details may be found at the following link:



https://attendee.gotowebinar.com/register/2772753219913889281?source=GBR


For those unable to participate, a recording of the webinar will be posted to the Company's web site following the live broadcast.


About Great Bear


The Dixie property is located approximately 15 minutes' drive along Highway 105 from downtown Red Lake, Ontario.  The Red Lake mining district has produced over 30,000,000 ounces of gold and is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Newmont Goldcorp Corp., plus modern infrastructure and a skilled workforce.  The Dixie property covers a drill and geophysically defined multi-kilometre gold mineralized system similar to that hosting other producing gold mines in the district.  Gold is frequently associated with high-grade veins that occur along major structural trends, including the axes of regional-scale folds, and in association with a deep-seated crustal structure that runs along the property for approximately 20 kilometres of strike length.  In addition, Great Bear is also earning a 100% royalty-free interest in the Pakwash, Dedee and Sobel properties, which cover regionally significant gold-controlling structures and prospective geology.  All of Great Bear's Red Lake projects are accessible year-round through existing roads.


Mr. R. Bob Singh, P.Geo, Director and VP Exploration, and Ms. Andrea Diakow P.Geo, Exploration Manager for Great Bear are the Qualified Persons as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.


ON BEHALF OF THE BOARD


"Chris Taylor"                                  


Chris Taylor, President and CEO


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.


We seek safe harbor


View original content to download multimedia:http://www.prnewswire.com/news-releases/great-bear-to-host-a-webinar-on-wednesday-may-29th--800am-pdt1100pm-edt-to-provide-update-on-dixie-drill-program-300853735.html


SOURCE Great Bear Resources Ltd.


View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2019/21/c7150.html

For further information please contact Mr. Chris Taylor, P.Geo, President and CEO at 604-646-8354, or Mr. Knox Henderson, Investor Relations, at 604-551-2360; Inquiries: Tel: 604-646-8354, Fax: 604-646-4526, info@greatbearresources.ca, www.greatbearresources.caCopyright CNW Group 2019

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8020 Admin

1 month

8020 Admin posted a press release Great Bear Drills Deeper in the Hinge Zone - 28.37 g/t Gold Over 3.70 m Including 200 g/t Gold Over 0.5 m; New Gold Zones Drilled Across Property in GREAT BEAR RESOURCES

Vancouver, British Columbia--(Newsfile Corp. - May 7, 2019) - Great Bear Resources (TSXV: GBR) (the "Company" or "Great Bear") today reported drill results from the Dixie Hinge Zone ("DHZ") and other new gold zones at its 100% owned Dixie Project in the Red Lake District of Ontario.


The Company recently completed 30 metre and 100 metre step-down drill holes along the projected plunge and dip of two high-grade gold trends within the DHZ. Both hit identical styles of high-grade gold mineralization as above. The Hinge Zone appears to have significant high-grade depth potential.


Hinge Zone drill results are provided in Table 1. An updated DHZ long section is shown on Figure 1. An updated cross section is provided in Figure 2. Highlights of current DHZ drilling include:



  • Drill hole DHZ-039 intersected 3.70 metres of 28.37 g/t gold, including a very high grade interval of 0.5 metres of 200.25 g/t gold (1.64 feet of 6.44 oz/t). This is the deepest high grade intercept in the DHZ to date.


  • DHZ-039 is a 28 metre step-down along the down-plunge projection of the gold intercept in drill hole DHZ-029, which had returned 1.30 metres of 21.02 g/t gold as disclosed on March 21, 2019.


  • Drill hole DHZ-033 intercepted multiple high-grade gold-bearing veins. Vein 1: 13.58 g/t gold over 3.10 metres, including 0.80 metres of 29.30 g/t gold. Vein 2: 4.10 metres of 8.22 g/t gold, including 0.55 metres of 46.57 g/t gold. Vein 3: 5.80 metres of 2.46 g/t gold, including 1.70 metres of 7.49 g/t gold.


  • Drill hole DL-043 was drilled across the adjacent Dixie Limb Zone and into the Hinge Zone approximately 100 metres down-dip of previous DHZ drilling.


  • DL-043 returned 1.50 metres of 11.65 g/t gold, including 0.50 metres of 34.07 g/t gold.


  • 32 of 51 drill holes (63%) completed by Great Bear within the DHZ to date have intersected intervals containing greater than 15 g/t gold.


Chris Taylor, President and CEO of Great Bear said, "With 28 metre and 100 metre step-downs continuing to hit high grade gold mineralization, the DHZ discovery yields something exceedingly rare in our industry: the more Great Bear drills it, the more compelling the target becomes."


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=GBR%3ACC&qmodStoryID=5291834173359022 

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8020 Admin

2 months

8020 Admin posted a press release New Gold Control at Dixie Limb Zone Yields High Grades Including 17.55 g/t Gold Over 2.55 m within 9.15 g/t Gold Over 5.30 m - West Madsen Property Optioned to GoldON Resources in GREAT BEAR RESOURCES

Vancouver, British Columbia--(Newsfile Corp. - April 30, 2019) - Great Bear Resources Ltd. (TSXV: GBR) (the "Company" or "Great Bear") today reported the discovery of a new gold control within its Dixie Limb Zone ("DL") target which is associated with thickened and higher-grade gold mineralization. The new discovery enhances the DL as a significant potential host of high-grade gold. The DL is the original gold discovery at the Dixie project, made by Teck Resources. It is located approximately 200 metres to the north of, and is sub-parallel to, Great Bear's 2018 high-grade gold discovery at the Hinge Zone ("DHZ").


Nine additional drill holes have also been completed into the Hinge Zone for which assays are pending; these results will be released when available. Continued drilling of the DHZ remains a top priority through 2019 and 2020, as part of the Company's fully-funded 60,000 metre drill program.


The Company also reports it has entered into a binding Letter of Intent ("LOI") with GoldON Resources Ltd. (TSX-V: GLD, "GoldON") wherein GoldON has the option to earn an initial 60% interest, and a subsequent 100% interest in Great Bear's West Madsen property.


New High-Grade Drill Strategy in the Dixie Limb


The Dixie Limb zone is a major gold target at the Dixie project, second only to the Hinge Zone in exploration importance. This is due to its potential size, strong continuity of grade, and the presence of gold extending to within a few metres of surface. Great Bear's recent drilling successfully tested newly interpreted high-grade gold controls in the zone. Results include:



  • New drilling has intersected a "Hinge Zone style" east-west trending high grade gold vein which intersects the DL and is associated with increased grades and widths of mineralization at the intersection, as shown in Figure 1.


  • The newly discovered gold control allows Great Bear to prioritize drill targeting of high-grade zones within the broader mineralized system in the DL.


  • New drill results include 17.55 g/t gold over 2.55 metres within a broader interval of 9.15 g/t gold over 5.30 metres, and 24.21 g/t gold over 1.30 metres within a broader interval of 5.05 g/t gold over 15.85 metres.


  • The DL has been drill defined along a 600-metre strike length where all (100%) of more than 100 drill holes have encountered gold mineralization at a geological contact between various basalt and metasediments units. 


  • The DL has considerable depth potential based on geological and structural modeling. The deepest drill hole intersects the zone at approximately 450 metres vertical depth, and the zone remains open to extension in all directions. 


  • The newly defined intersection provides a predictable plunge of high-grade gold mineralization which Great Bear successfully targeted during recent drilling. Great Bear has also used a similar predictive plunge technique to define high-grade gold mineralization in the Hinge Zone.


Current DL drill results are shown in Table 1. All drill results which intersect the DL within 50 metres along strike to either side of the predicted intersection are shown in Table 2.


 


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=GBR%3ACA&qmodStoryID=8729097967402204 

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8020 Admin

2 months

8020 Admin posted a press release Great Bear Exploration Team Recognized with "Bernie Schnieders Discovery of the Year Award" Presented by NWOPA in GREAT BEAR RESOURCES

Vancouver, British Columbia--(Newsfile Corp. - April 9, 2019) - Great Bear Resources (TSXV: GBR) (the "Company" or "Great Bear") is pleased to announce that the Company's exploration team have been awarded the 2018 "Bernie Schnieders Discovery of the Year Award" for the discovery of high-grade gold zones at its 100% owned Dixie Property in Red Lake, Ontario, Canada.


The award, presented by the Northwestern Ontario Prospectors Association (NWOPA), recognizes an exceptional discovery in Northwestern Ontario during the previous calendar year. It was presented on April 2 to Great Bear Resources at the annual awards banquet hosted during the 2019 Ontario Prospectors Exploration Showcase in Thunder Bay, Ontario (http://www.nwopa.net/2019-exploration-showcase.html).


Chris Taylor, President and CEO of Great Bear, said, "We would like to sincerely thank the NWOPA for receiving this honour, and look forward to expanding on our exciting discoveries at the Dixie property through 2019 and 2020. We have been fortunate to receive strong industry support for our exploration work over recent years, including an exploration grant during 2017/2018 in the amount of $100,000, as part of the Ontario Prospector Association's Junior Exploration Assistance Program ("JEAP"), which partially funded our discovery drill program."


About Great Bear


The Dixie property is located approximately 15 minutes' drive along Highway 105 from downtown Red Lake, Ontario. The Red Lake mining district has produced over 30,000,000 ounces of gold and is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Goldcorp Inc., plus modern infrastructure and a skilled workforce. The Dixie property covers a drill and geophysically defined 10-kilometre gold mineralized structure similar to that hosting other producing gold mines in the district. In addition, Great Bear is also earning a 100% royalty-free interest in its West Madsen properties which total 3,860 hectares and are contiguous with Pure Gold Mining Inc.'s Madsen property. All of Great Bear's Red Lake projects are accessible year-round through existing roads.


Mr. R. Bob Singh, P.Geo, Director and VP Exploration, and Ms. Andrea Diakow P.Geo, Exploration Manager for Great Bear are the Qualified Persons as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.


For further information please contact Mr. Chris Taylor, P.Geo, President and CEO at 604-646-8354, or Mr. Knox Henderson, Investor Relations, at 604-551-2360.


ON BEHALF OF THE BOARD


"Chris Taylor"


Chris Taylor, President and CEO


Inquiries:
Tel: 604-646-8354
Fax: 604-646-4526
info@greatbearresources.ca
www.greatbearresources.ca


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.


We seek safe harbor


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43953

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8020 Admin

3 months

8020 Admin posted a press release Great Bear Doubles Fully Funded Drill Program From 30,000 m to 60,000 m - Will Add Third Drill Rig in GREAT BEAR RESOURCES

Vancouver, British Columbia--(Newsfile Corp. - April 1, 2019) - Great Bear Resources Ltd. (TSXV: GBR) (the "Company" or "Great Bear"), today reported that the Company's board of directors has approved doubling of the current 30,000 metre drill program to 60,000 metres. The Company remains fully funded for this expanded drilling.


Approximately 12,000 metres of the original 30,000 metre drill program remain to be drilled (see Great Bear news release of September 20, 2018), with expected completion of the original program by July 2019. The extended program will continue through 2019.


The Company also announces that it plans to add a third drill rig during the extended program. The two drill rigs currently on site will concentrate on defining and expanding the Hinge (DHZ) and Dixie Limb (DL) zones along strike and at depth. The third rig will explore regional targets and also assist with the DHZ and DL drilling as required. Timing of deployment of the third drill rig is subject to completion of regional target definition.


The fully funded expansion of the drill program by an additional 30,000 metres has an all-inclusive budget of approximately $5,600,000. The program will continue year-round. The Company currently has a cash treasury of approximately $12,000,000, and approximately $7,800,000 of in-the-money warrants priced from $0.20 to $1.75 expiring during 2019 and 2020, for approximately $20,000,000 on a partially diluted cash basis.


Chris Taylor, President and CEO of Great Bear said, "Great Bear is in a very strong position, with funding in hand to aggressively expand our drill program, and results to-date certainly warrant this expansion. One of the two drill rigs currently on site has been drilling regional step-outs and has successfully discovered new mineralized zones and potential extensions to the Hinge zone. However, beginning in April both drill rigs will focus on drilling along strike and at depth of the DHZ and DL. Bringing in a third rig that can accomplish both regional exploration and additional DHZ/DL drilling will allow us to retain a high rate of core production as we begin to follow the DHZ and DL gold zones to the greater depths typical of other major Red Lake district gold discoveries."


The Company has posted a video showing expansion of Hinge Zone drilling over the past eight months since its discovery to its web site at www.greatbearresources.ca.


At the Dixie project, the Company has identified a 20+ kilometre long gold-bearing deep crustal structure and a number of significant secondary structural features including faults and D2 fold axes that collectively define more than 30 kilometres of prospective gold-bearing trends. In order to efficiently test these multiple large targets, geochemical techniques will be applied to prioritize exploratory drilling for the third drill rig. Regional drill targets outside of the DHZ and DL will be defined through ongoing interpretive modeling work and soil hydrocarbon (geochemical) surveying as soon as spring thaw is complete in April - May 2019.


About Great Bear


The Dixie property is located approximately 15 minutes' drive along Highway 105 from downtown Red Lake, Ontario. The Red Lake mining district has produced over 30,000,000 ounces of gold and is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Goldcorp Inc., plus modern infrastructure and a skilled workforce. The Dixie property covers a drill and geophysically defined 10-kilometre gold mineralized structure similar to that hosting other producing gold mines in the district. In addition, Great Bear is also earning a 100% royalty-free interest in the West Madsen, Pakwash, Dedee and Sobel properties, which cover regionally significant gold-controlling structures and prospective geology. All of Great Bear's Red Lake projects are accessible year-round through existing roads.


Mr. R. Bob Singh, P.Geo, Director and VP Exploration, and Ms. Andrea Diakow P.Geo, Exploration Manager for Great Bear are the Qualified Persons as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.


For further information please contact Mr. Chris Taylor, P.Geo, President and CEO at 604-646-8354, or Mr. Knox Henderson, Investor Relations, at 604-551-2360.


ON BEHALF OF THE BOARD


"Chris Taylor"


Chris Taylor, President and CEO


Inquiries:


Tel: 604-646-8354
Fax: 604-646-4526
info@greatbearresources.ca
www.greatbearresources.ca


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.


We seek safe harbor


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43795

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8020 Admin

3 months

8020 Admin posted a press release Great Bear Drills Multiple High-Grade Gold Veins in Hinge Zone Including 30.15 g/t Gold Over 7.25 m in GREAT BEAR RESOURCES

Vancouver, British Columbia--(Newsfile Corp. - March 21, 2019) - Great Bear Resources (TSXV: GBR) (the "Company" or "Great Bear"), today reported drill results from the Dixie Hinge Zone ("DHZ") and Dixie Limb Zone ("DL") at its 100% owned Dixie Project in the Red Lake District of Ontario.


Drilling continues to test along strike and at depth of the DHZ. Some of the DHZ drill holes also cross the adjacent DL at shallow depths and hence Great Bear is able to test both zones with the same drill holes. Hinge Zone drill results are provided in Table 1. Highlights of current drilling include:


Read more here: https://quotemedia.com/portal/quote/?qm_symbol=GBR%3ACC&qmodStoryID=4713581701484148 

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8020 Admin

4 months

8020 Admin posted a press release Great Bear Drills Hinge Zone Extensions - Results Include New 42 m Wide Zone with Multiple Gold-Bearing Intercepts Including 31.60 g/t Gold Over 3.40 m at 157 m Depth in GREAT BEAR RESOURCES

Vancouver, British Columbia--(Newsfile Corp. - February 21, 2019) -  Great Bear Resources (TSXV: GBR) (the "Company" or "Great Bear"), today reported drill results from the Dixie Hinge Zone ("DHZ") at its 100% owned Dixie Project in the Red Lake District of Ontario.


Read More here:  https://quotemedia.com/portal/quote/?qm_symbol=GBR%3ACC&qmodStoryID=7551589497280543 

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GREAT BEAR RESOURCES

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Great Bear Resources Ltd is a precious metals exploration company. It explores for mineral properties in British Columbia and Quebec, Canada. Its property portfolio includes Great Bear's Red Lake Properties (two claim blocks) and Dixie Lake Project.

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GREAT BEAR RESOURCES

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Great Bear Resources Ltd is a precious metals exploration company. It explores for mineral properties in British Colu......

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8020 Admin posted a press release Great Bear Announces Upsized Bought Deal Private Placement of Flow-Through Common Shares to C$8.2 Million in GREAT BEAR RESOURCES


/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TSX-V:  GBR                                                                             


VANCOUVER, June 13, 2019 /CNW/ - Great Bear Resources Ltd. (TSXV:GBR) ("Great Bear" or the "Company") is pleased to announce that in connection with its previously announced bought deal financing, the Company and a syndicate of underwriters led by Cormark Securities Inc. ("Cormark") and including Canaccord Genuity Corp. (collectively, the "Underwriters") have agreed to increase the size of the previously announced financing. The Company will now issue 1,500,000 common shares that qualify as "flow-through shares" of the Company for the purposes of the Income Tax Act (Canada) ("Flow-Through Common Shares") at a price of $5.45 per Flow-Through Common Share, on a "bought deal" private placement basis, for aggregate gross proceeds to the Company of approximately C$8.2 million (the "Offering"). The Company has also granted the Underwriters an option to sell up to an additional 500,000 Flow-Through Common Shares at the offering price up to the closing date.


The proceeds from the Offering will be used to incur "Canadian exploration expenses" (within the meaning of the Income Tax Act (Canada)) related to Great Bear's projects in Ontario. The Company will renounce these expenses to the purchasers with an effective date of no later than December 31, 2019.


The Offering is scheduled to close on or about July 3, 2019 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange.


Chris Taylor, President and CEO of Great Bear said, "Interest in this placement from top tier investors whom we are pleased to include as shareholders has exceeded our capacity to accommodate within the terms announced on Wednesday.  We are therefore pleased to announce expansion of the placement, and know that we will benefit from the added flexibility this additional funding will provide at the exploration level at Dixie."


This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.


About Great Bear
Great Bear Resources Ltd. (TSX-V: GBR) is a well financed company based in Vancouver, Canada, managed by a team with a track record of success in the mineral exploration sector. Great Bear holds a 100% interest, royalty free, in its flagship Dixie property, which is road accessible year-round via Highway 105, a 15 minute drive from downtown Red Lake, Ontario.  The Red Lake mining district is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Newmont Goldcorp Corp., plus modern infrastructure and a skilled workforce. Gold production from the Red Lake district does not necessarily reflect the mineralization that may, or may not be, hosted on the Company's Dixie property.  The Dixie property covers a drill and geophysically defined multi-kilometre gold mineralized structure similar to that associated with other producing gold mines in the district.  In addition, Great Bear is also earning a 100% royalty-free interest in the Pakwash, Dedee and Sobel properties, which cover regionally significant gold-controlling structures and prospective geology elsewhere in the Red Lake district.  All of Great Bear's Red Lake projects are accessible year-round through existing roads.


ON BEHALF OF THE BOARD


"Chris Taylor"                                


Chris Taylor, President and CEO


Inquiries:
Tel: 604-646-8354
Fax: 604-646-4526
info@greatbearresources.ca
www.greatbearresources.ca


Forward-Looking Information


This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE Great Bear Resources Ltd.


View original content: http://www.newswire.ca/en/releases/archive/June2019/13/c4349.html



Mr. Chris Taylor, P.Geo, President and CEO at 604-646-8354, or Mr. Knox Henderson, Investor Relations, at 604-551-2360.

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8020 Admin posted a press release Great Bear Announces C$5.5 Million Bought Deal Private Placement of Flow-Through Common Shares and Expansion of Drill Program to 90,000 m in GREAT BEAR RESOURCES


/THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

TSX-V:  GBR

VANCOUVER, June 12, 2019 /CNW/ - Great Bear Resources Ltd. (TSXV:GBR) ("Great Bear" or the "Company") is pleased to announce that it has entered into an agreement with Cormark Securities Inc. ("Cormark") to act as lead underwriter of a syndicate of underwriters that includes Canaccord Genuity Corp. (collectively, the "Underwriters"), pursuant to which the Underwriters shall purchase 1,000,000 common shares that qualify as "flow-through shares" of the Company for the purposes of the Income Tax Act (Canada) ("Flow-Through Common Shares") at a price of $5.45 per Flow-Through Common Share, on a "bought deal" private placement basis, for aggregate gross proceeds to the Company of approximately C$5.45 million (the "Offering"). The Company has also granted the Underwriters an option to sell up to an additional 150,000 Flow-Through Common Shares at the offering price up to the Closing Date.


The proceeds from the Offering will be used to incur "Canadian exploration expenses" (within the meaning of the Income Tax Act (Canada)) related to Great Bear's projects in Ontario. The Company will renounce these expenses to the purchasers with an effective date of no later than December 31, 2019.


The Offering is scheduled to close on or about July 3, 2019 and is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the TSX Venture Exchange.


Chris Taylor, President and CEO of Great Bear said, "By raising an additional $5.5 million, we will have over $15 million in cash on hand and will have funded the expansion of our ongoing drill program by an additional 30,000 metres, for a new total of 90,000 metres of drilling.  Coupled with the potential for an additional $7.8 million from warrant exercise, Great Bear will remain very well funded with the flexibility to significantly expand and extend our drilling as required. We are strongly positioned to benefit from one of our industry's most significant exploration drill campaigns through 2019 and 2020."


This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to or for the account or benefit of a U.S. person (as defined in Regulation S under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.


About Great Bear


Great Bear Resources Ltd. (TSX-V: GBR) is a well financed company based in Vancouver, Canada, managed by a team with a track record of success in the mineral exploration sector. Great Bear holds a 100% interest, royalty free, in its flagship Dixie property, which is road accessible year-round via Highway 105, a 15 minute drive from downtown Red Lake, Ontario.  The Red Lake mining district is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Newmont Goldcorp Corp., plus modern infrastructure and a skilled workforce.  Gold production from the Red Lake district does not necessarily reflect the mineralization that may, or may not be, hosted on the Company's Dixie property.  The Dixie property covers a drill and geophysically defined multi-kilometre gold mineralized structure similar to that associated with other producing gold mines in the district.  In addition, Great Bear is also earning a 100% royalty-free interest in the Pakwash, Dedee and Sobel properties, which cover regionally significant gold-controlling structures and prospective geology elsewhere in the Red Lake district.  All of Great Bear's Red Lake projects are accessible year-round through existing roads.


ON BEHALF OF THE BOARD


"Chris Taylor"                                  


Chris Taylor, President and CEO


Inquiries:
Tel: 604-646-8354
Fax: 604-646-4526
info@greatbearresources.ca
www.greatbearresources.ca


Forward-Looking Information


This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.


Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


SOURCE Great Bear Resources Ltd.


View original content: http://www.newswire.ca/en/releases/archive/June2019/12/c0534.html

Mr. Chris Taylor, P.Geo, President and CEO at 604-646-8354, or Mr. Knox Henderson, Investor Relations, at 604-551-2360.

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8020 Admin posted a press release Great Bear Mobilizes Third Drill Rig to Bear-Rimini Discovery at Dixie in GREAT BEAR RESOURCES





TSX-V:  GBR     

VANCOUVER, June 11, 2019 /CNW/ - Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR) today reported mobilization of a third drill rig to its 100% owned Dixie Project in the Red Lake District of Ontario, as part of its ongoing fully-funded 60,000 metre drill program.


The third drill will target the new Bear-Rimini Zone and the "LP Fault", which is the 18 kilometre long structural target that is adjacent to, and partially hosts, the discovery as shown on Figure 1.  Drilling is expected to begin at the Bear-Rimini Zone using the third drill rig within a few days.


The Bear-Rimini discovery consists of multiple zones of shallow high-grade gold mineralization in drill hole DNW-011.  Highlight intervals include 14.00 metres of 12.33 g/t gold including 4.60 metres of 30.90 g/t gold, and 2.00 metres of 194.21 g/t gold including 0.50 metres of 759.38 g/t gold (see Great Bear news release of May 28, 2019).  The high-grade gold intervals were intersected at less that 100 metres vertical depth in the footwall of the LP Fault.  Mineralization within the fault zone itself returned a separate interval of 50.60 metres of 0.74 g/t gold.  15 additional historical drill holes have also cut the LP Fault along 2.5 kilometres of strike length and intercepted similar lower-grade mineralization to that observed within the fault in DNW-011.


Chris Taylor, President and CEO of Great Bear said, "Approximately 30,000 metres of our fully-funded 60,000 metre drill program remain to be drilled this year.  Two drill rigs are currently on site at Dixie and will continue to drill the Hinge and Dixie Limb Zones.  The third drill rig is expected to be dedicated to ongoing drilling of the Bear-Rimini Zone and LP Fault.  The Company will continue to systematically and rapidly explore the high-grade gold zones discovered to date, plus several additional high priority targets that have also been identified across the property."


About Great Bear


Great Bear Resources Ltd. (TSX-V: GBR) is a well financed company based in Vancouver, Canada, managed by a team with a track record of success in the mineral exploration sector. Great Bear holds a 100% interest, royalty free, in its flagship Dixie property, which is road accessible year-round via Highway 105, a 15 minute drive from downtown Red Lake, Ontario.  The Red Lake mining district is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Newmont Goldcorp Corp., plus modern infrastructure and a skilled workforce.  Gold production from the Red Lake district does not necessarily reflect the mineralization that may, or may not be, hosted on the Company's Dixie property.  The Dixie property covers a drill and geophysically defined multi-kilometre gold mineralized structure similar to that associated with other producing gold mines in the district.  In addition, Great Bear is also earning a 100% royalty-free interest in the Pakwash, Dedee and Sobel properties, which cover regionally significant gold-controlling structures and prospective geology elsewhere in the Red Lake district.  All of Great Bear's Red Lake projects are accessible year-round through existing roads.



Figure 1: Map of the Dixie project showing the location of known gold zones (DHZ, DL, DNW and DNE) and current drill results.  The location of the LP Fault drilled in DNW-011 is shown in red dashes.  The Bear-Rimini Zone is labelled “BR”. (CNW Group/Great Bear Resources Ltd.)



Mr. R. Bob Singh, P.Geo, Director and VP Exploration, and Ms. Andrea Diakow P.Geo, Exploration Manager for Great Bear are the Qualified Persons as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.


ON BEHALF OF THE BOARD


"Chris Taylor"                                  


Chris Taylor, President and CEO


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.


We seek safe harbor


View original content to download multimedia:http://www.prnewswire.com/news-releases/great-bear-mobilizes-third-drill-rig-to-bear-rimini-discovery-at-dixie-300865161.html


SOURCE Great Bear Resources Ltd.


View original content to download multimedia: http://www.newswire.ca/en/releases/archive/June2019/11/c2260.html



please contact Mr. Chris Taylor, P.Geo, President and CEO at 604-646-8354, or Mr. Knox Henderson, Investor Relations, at 604-551-2360. Inquiries: Tel: 604-646-8354, Fax: 604-646-4526, info@greatbearresources.ca , www.greatbearresources.ca 

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8020 Admin

28 days

8020 Admin posted a press release Great Bear to Host a Webinar on Wednesday May 29th @ 8:00am PDT/11:00pm EDT to Provide Update on Dixie Drill Program in GREAT BEAR RESOURCES


VANCOUVER, May 21, 2019 /CNW/ - Great Bear Resources (the "Company" or "Great Bear", TSX-V: GBR) would like to invite interested shareholders to join Mr. Chris Taylor, President and CEO and Mr. R. Bob Singh, Vice President, Exploration for a webinar detailing recent progress in the Company's ongoing fully-funded 60,000 metre drill program at it's 100% owned Dixie property in the Red Lake district of Ontario.



The webinar will take place on Wednesday, May 29th at 8:00am PST/11:00pm EST. Management will be available to answer questions following the presentation. Online registration and participation details may be found at the following link:



https://attendee.gotowebinar.com/register/2772753219913889281?source=GBR


For those unable to participate, a recording of the webinar will be posted to the Company's web site following the live broadcast.


About Great Bear


The Dixie property is located approximately 15 minutes' drive along Highway 105 from downtown Red Lake, Ontario.  The Red Lake mining district has produced over 30,000,000 ounces of gold and is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Newmont Goldcorp Corp., plus modern infrastructure and a skilled workforce.  The Dixie property covers a drill and geophysically defined multi-kilometre gold mineralized system similar to that hosting other producing gold mines in the district.  Gold is frequently associated with high-grade veins that occur along major structural trends, including the axes of regional-scale folds, and in association with a deep-seated crustal structure that runs along the property for approximately 20 kilometres of strike length.  In addition, Great Bear is also earning a 100% royalty-free interest in the Pakwash, Dedee and Sobel properties, which cover regionally significant gold-controlling structures and prospective geology.  All of Great Bear's Red Lake projects are accessible year-round through existing roads.


Mr. R. Bob Singh, P.Geo, Director and VP Exploration, and Ms. Andrea Diakow P.Geo, Exploration Manager for Great Bear are the Qualified Persons as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.


ON BEHALF OF THE BOARD


"Chris Taylor"                                  


Chris Taylor, President and CEO


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.


We seek safe harbor


View original content to download multimedia:http://www.prnewswire.com/news-releases/great-bear-to-host-a-webinar-on-wednesday-may-29th--800am-pdt1100pm-edt-to-provide-update-on-dixie-drill-program-300853735.html


SOURCE Great Bear Resources Ltd.


View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2019/21/c7150.html

For further information please contact Mr. Chris Taylor, P.Geo, President and CEO at 604-646-8354, or Mr. Knox Henderson, Investor Relations, at 604-551-2360; Inquiries: Tel: 604-646-8354, Fax: 604-646-4526, info@greatbearresources.ca, www.greatbearresources.caCopyright CNW Group 2019

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8020 Admin

1 month

8020 Admin posted a press release Great Bear Drills Deeper in the Hinge Zone - 28.37 g/t Gold Over 3.70 m Including 200 g/t Gold Over 0.5 m; New Gold Zones Drilled Across Property in GREAT BEAR RESOURCES

Vancouver, British Columbia--(Newsfile Corp. - May 7, 2019) - Great Bear Resources (TSXV: GBR) (the "Company" or "Great Bear") today reported drill results from the Dixie Hinge Zone ("DHZ") and other new gold zones at its 100% owned Dixie Project in the Red Lake District of Ontario.


The Company recently completed 30 metre and 100 metre step-down drill holes along the projected plunge and dip of two high-grade gold trends within the DHZ. Both hit identical styles of high-grade gold mineralization as above. The Hinge Zone appears to have significant high-grade depth potential.


Hinge Zone drill results are provided in Table 1. An updated DHZ long section is shown on Figure 1. An updated cross section is provided in Figure 2. Highlights of current DHZ drilling include:



  • Drill hole DHZ-039 intersected 3.70 metres of 28.37 g/t gold, including a very high grade interval of 0.5 metres of 200.25 g/t gold (1.64 feet of 6.44 oz/t). This is the deepest high grade intercept in the DHZ to date.


  • DHZ-039 is a 28 metre step-down along the down-plunge projection of the gold intercept in drill hole DHZ-029, which had returned 1.30 metres of 21.02 g/t gold as disclosed on March 21, 2019.


  • Drill hole DHZ-033 intercepted multiple high-grade gold-bearing veins. Vein 1: 13.58 g/t gold over 3.10 metres, including 0.80 metres of 29.30 g/t gold. Vein 2: 4.10 metres of 8.22 g/t gold, including 0.55 metres of 46.57 g/t gold. Vein 3: 5.80 metres of 2.46 g/t gold, including 1.70 metres of 7.49 g/t gold.


  • Drill hole DL-043 was drilled across the adjacent Dixie Limb Zone and into the Hinge Zone approximately 100 metres down-dip of previous DHZ drilling.


  • DL-043 returned 1.50 metres of 11.65 g/t gold, including 0.50 metres of 34.07 g/t gold.


  • 32 of 51 drill holes (63%) completed by Great Bear within the DHZ to date have intersected intervals containing greater than 15 g/t gold.


Chris Taylor, President and CEO of Great Bear said, "With 28 metre and 100 metre step-downs continuing to hit high grade gold mineralization, the DHZ discovery yields something exceedingly rare in our industry: the more Great Bear drills it, the more compelling the target becomes."


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=GBR%3ACC&qmodStoryID=5291834173359022 

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8020 Admin

2 months

8020 Admin posted a press release New Gold Control at Dixie Limb Zone Yields High Grades Including 17.55 g/t Gold Over 2.55 m within 9.15 g/t Gold Over 5.30 m - West Madsen Property Optioned to GoldON Resources in GREAT BEAR RESOURCES

Vancouver, British Columbia--(Newsfile Corp. - April 30, 2019) - Great Bear Resources Ltd. (TSXV: GBR) (the "Company" or "Great Bear") today reported the discovery of a new gold control within its Dixie Limb Zone ("DL") target which is associated with thickened and higher-grade gold mineralization. The new discovery enhances the DL as a significant potential host of high-grade gold. The DL is the original gold discovery at the Dixie project, made by Teck Resources. It is located approximately 200 metres to the north of, and is sub-parallel to, Great Bear's 2018 high-grade gold discovery at the Hinge Zone ("DHZ").


Nine additional drill holes have also been completed into the Hinge Zone for which assays are pending; these results will be released when available. Continued drilling of the DHZ remains a top priority through 2019 and 2020, as part of the Company's fully-funded 60,000 metre drill program.


The Company also reports it has entered into a binding Letter of Intent ("LOI") with GoldON Resources Ltd. (TSX-V: GLD, "GoldON") wherein GoldON has the option to earn an initial 60% interest, and a subsequent 100% interest in Great Bear's West Madsen property.


New High-Grade Drill Strategy in the Dixie Limb


The Dixie Limb zone is a major gold target at the Dixie project, second only to the Hinge Zone in exploration importance. This is due to its potential size, strong continuity of grade, and the presence of gold extending to within a few metres of surface. Great Bear's recent drilling successfully tested newly interpreted high-grade gold controls in the zone. Results include:



  • New drilling has intersected a "Hinge Zone style" east-west trending high grade gold vein which intersects the DL and is associated with increased grades and widths of mineralization at the intersection, as shown in Figure 1.


  • The newly discovered gold control allows Great Bear to prioritize drill targeting of high-grade zones within the broader mineralized system in the DL.


  • New drill results include 17.55 g/t gold over 2.55 metres within a broader interval of 9.15 g/t gold over 5.30 metres, and 24.21 g/t gold over 1.30 metres within a broader interval of 5.05 g/t gold over 15.85 metres.


  • The DL has been drill defined along a 600-metre strike length where all (100%) of more than 100 drill holes have encountered gold mineralization at a geological contact between various basalt and metasediments units. 


  • The DL has considerable depth potential based on geological and structural modeling. The deepest drill hole intersects the zone at approximately 450 metres vertical depth, and the zone remains open to extension in all directions. 


  • The newly defined intersection provides a predictable plunge of high-grade gold mineralization which Great Bear successfully targeted during recent drilling. Great Bear has also used a similar predictive plunge technique to define high-grade gold mineralization in the Hinge Zone.


Current DL drill results are shown in Table 1. All drill results which intersect the DL within 50 metres along strike to either side of the predicted intersection are shown in Table 2.


 


Read more here:  https://quotemedia.com/portal/quote/?qm_symbol=GBR%3ACA&qmodStoryID=8729097967402204 

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8020 Admin

2 months

8020 Admin posted a press release Great Bear Exploration Team Recognized with "Bernie Schnieders Discovery of the Year Award" Presented by NWOPA in GREAT BEAR RESOURCES

Vancouver, British Columbia--(Newsfile Corp. - April 9, 2019) - Great Bear Resources (TSXV: GBR) (the "Company" or "Great Bear") is pleased to announce that the Company's exploration team have been awarded the 2018 "Bernie Schnieders Discovery of the Year Award" for the discovery of high-grade gold zones at its 100% owned Dixie Property in Red Lake, Ontario, Canada.


The award, presented by the Northwestern Ontario Prospectors Association (NWOPA), recognizes an exceptional discovery in Northwestern Ontario during the previous calendar year. It was presented on April 2 to Great Bear Resources at the annual awards banquet hosted during the 2019 Ontario Prospectors Exploration Showcase in Thunder Bay, Ontario (http://www.nwopa.net/2019-exploration-showcase.html).


Chris Taylor, President and CEO of Great Bear, said, "We would like to sincerely thank the NWOPA for receiving this honour, and look forward to expanding on our exciting discoveries at the Dixie property through 2019 and 2020. We have been fortunate to receive strong industry support for our exploration work over recent years, including an exploration grant during 2017/2018 in the amount of $100,000, as part of the Ontario Prospector Association's Junior Exploration Assistance Program ("JEAP"), which partially funded our discovery drill program."


About Great Bear


The Dixie property is located approximately 15 minutes' drive along Highway 105 from downtown Red Lake, Ontario. The Red Lake mining district has produced over 30,000,000 ounces of gold and is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Goldcorp Inc., plus modern infrastructure and a skilled workforce. The Dixie property covers a drill and geophysically defined 10-kilometre gold mineralized structure similar to that hosting other producing gold mines in the district. In addition, Great Bear is also earning a 100% royalty-free interest in its West Madsen properties which total 3,860 hectares and are contiguous with Pure Gold Mining Inc.'s Madsen property. All of Great Bear's Red Lake projects are accessible year-round through existing roads.


Mr. R. Bob Singh, P.Geo, Director and VP Exploration, and Ms. Andrea Diakow P.Geo, Exploration Manager for Great Bear are the Qualified Persons as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.


For further information please contact Mr. Chris Taylor, P.Geo, President and CEO at 604-646-8354, or Mr. Knox Henderson, Investor Relations, at 604-551-2360.


ON BEHALF OF THE BOARD


"Chris Taylor"


Chris Taylor, President and CEO


Inquiries:
Tel: 604-646-8354
Fax: 604-646-4526
info@greatbearresources.ca
www.greatbearresources.ca


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.


We seek safe harbor


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43953

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8020 Admin

3 months

8020 Admin posted a press release Great Bear Doubles Fully Funded Drill Program From 30,000 m to 60,000 m - Will Add Third Drill Rig in GREAT BEAR RESOURCES

Vancouver, British Columbia--(Newsfile Corp. - April 1, 2019) - Great Bear Resources Ltd. (TSXV: GBR) (the "Company" or "Great Bear"), today reported that the Company's board of directors has approved doubling of the current 30,000 metre drill program to 60,000 metres. The Company remains fully funded for this expanded drilling.


Approximately 12,000 metres of the original 30,000 metre drill program remain to be drilled (see Great Bear news release of September 20, 2018), with expected completion of the original program by July 2019. The extended program will continue through 2019.


The Company also announces that it plans to add a third drill rig during the extended program. The two drill rigs currently on site will concentrate on defining and expanding the Hinge (DHZ) and Dixie Limb (DL) zones along strike and at depth. The third rig will explore regional targets and also assist with the DHZ and DL drilling as required. Timing of deployment of the third drill rig is subject to completion of regional target definition.


The fully funded expansion of the drill program by an additional 30,000 metres has an all-inclusive budget of approximately $5,600,000. The program will continue year-round. The Company currently has a cash treasury of approximately $12,000,000, and approximately $7,800,000 of in-the-money warrants priced from $0.20 to $1.75 expiring during 2019 and 2020, for approximately $20,000,000 on a partially diluted cash basis.


Chris Taylor, President and CEO of Great Bear said, "Great Bear is in a very strong position, with funding in hand to aggressively expand our drill program, and results to-date certainly warrant this expansion. One of the two drill rigs currently on site has been drilling regional step-outs and has successfully discovered new mineralized zones and potential extensions to the Hinge zone. However, beginning in April both drill rigs will focus on drilling along strike and at depth of the DHZ and DL. Bringing in a third rig that can accomplish both regional exploration and additional DHZ/DL drilling will allow us to retain a high rate of core production as we begin to follow the DHZ and DL gold zones to the greater depths typical of other major Red Lake district gold discoveries."


The Company has posted a video showing expansion of Hinge Zone drilling over the past eight months since its discovery to its web site at www.greatbearresources.ca.


At the Dixie project, the Company has identified a 20+ kilometre long gold-bearing deep crustal structure and a number of significant secondary structural features including faults and D2 fold axes that collectively define more than 30 kilometres of prospective gold-bearing trends. In order to efficiently test these multiple large targets, geochemical techniques will be applied to prioritize exploratory drilling for the third drill rig. Regional drill targets outside of the DHZ and DL will be defined through ongoing interpretive modeling work and soil hydrocarbon (geochemical) surveying as soon as spring thaw is complete in April - May 2019.


About Great Bear


The Dixie property is located approximately 15 minutes' drive along Highway 105 from downtown Red Lake, Ontario. The Red Lake mining district has produced over 30,000,000 ounces of gold and is one of the premier mining districts in Canada, benefitting from major active mining operations including the Red Lake Gold Mine of Goldcorp Inc., plus modern infrastructure and a skilled workforce. The Dixie property covers a drill and geophysically defined 10-kilometre gold mineralized structure similar to that hosting other producing gold mines in the district. In addition, Great Bear is also earning a 100% royalty-free interest in the West Madsen, Pakwash, Dedee and Sobel properties, which cover regionally significant gold-controlling structures and prospective geology. All of Great Bear's Red Lake projects are accessible year-round through existing roads.


Mr. R. Bob Singh, P.Geo, Director and VP Exploration, and Ms. Andrea Diakow P.Geo, Exploration Manager for Great Bear are the Qualified Persons as defined by National Instrument 43-101 responsible for the accuracy of technical information contained in this news release.


For further information please contact Mr. Chris Taylor, P.Geo, President and CEO at 604-646-8354, or Mr. Knox Henderson, Investor Relations, at 604-551-2360.


ON BEHALF OF THE BOARD


"Chris Taylor"


Chris Taylor, President and CEO


Inquiries:


Tel: 604-646-8354
Fax: 604-646-4526
info@greatbearresources.ca
www.greatbearresources.ca


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


This new release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results could differ materially because of factors discussed in the management discussion and analysis section of our interim and most recent annual financial statement or other reports and filings with the TSX Venture Exchange and applicable Canadian securities regulations. We do not assume any obligation to update any forward-looking statements.


We seek safe harbor


To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43795

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8020 Admin

3 months

8020 Admin posted a press release Great Bear Drills Multiple High-Grade Gold Veins in Hinge Zone Including 30.15 g/t Gold Over 7.25 m in GREAT BEAR RESOURCES

Vancouver, British Columbia--(Newsfile Corp. - March 21, 2019) - Great Bear Resources (TSXV: GBR) (the "Company" or "Great Bear"), today reported drill results from the Dixie Hinge Zone ("DHZ") and Dixie Limb Zone ("DL") at its 100% owned Dixie Project in the Red Lake District of Ontario.


Drilling continues to test along strike and at depth of the DHZ. Some of the DHZ drill holes also cross the adjacent DL at shallow depths and hence Great Bear is able to test both zones with the same drill holes. Hinge Zone drill results are provided in Table 1. Highlights of current drilling include:


Read more here: https://quotemedia.com/portal/quote/?qm_symbol=GBR%3ACC&qmodStoryID=4713581701484148 

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8020 Admin

4 months

8020 Admin posted a press release Great Bear Drills Hinge Zone Extensions - Results Include New 42 m Wide Zone with Multiple Gold-Bearing Intercepts Including 31.60 g/t Gold Over 3.40 m at 157 m Depth in GREAT BEAR RESOURCES

Vancouver, British Columbia--(Newsfile Corp. - February 21, 2019) -  Great Bear Resources (TSXV: GBR) (the "Company" or "Great Bear"), today reported drill results from the Dixie Hinge Zone ("DHZ") at its 100% owned Dixie Project in the Red Lake District of Ontario.


Read More here:  https://quotemedia.com/portal/quote/?qm_symbol=GBR%3ACC&qmodStoryID=7551589497280543 

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