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TSX-V: GBR
VANCOUVER, BC, May 19, 2021 /PRNewswire/ - 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.
Figure 1: Upper 500 m x 250 m area of high-grade domain BR7, showing all results to date. New results are highlighted in orange. (CNW Group/Great Bear Resources Ltd.)
Figure 2: Map of the 17 high-grade domains currently being drilled and modeled along the LP Fault. BR7 is left of centre. (CNW Group/Great Bear Resources Ltd.)
Annual Incentive Grant
The Company also reports that it has completed its annual incentive compensation grants. A total of 61,236 Deferred Share Units ( DSUs ) have been granted to non-executive directors and 265,356 Restricted Share Units ( RSUs ) have been granted to employees. The DSUs and RSUs were granted in accordance with the Company s DSU/RSU Plan adopted in December 2020. The DSUs vest immediately and the RSUs vest on May 7
th, 2024.
In addition, the Company has granted incentive stock options to recently hired employees to purchase up to an aggregate of 205,000 common shares. The incentive stock options have an exercise price of $14.97, vest over two years, and expire after five years.
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TSX-V: GBR
VANCOUVER, BC, April 22, 2021 /PRNewswire/ - 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.
Figure 1: Plan map showing the locations of drill holes reported in this release. (CNW Group/Great Bear Resources Ltd.)
Figure 2: Long section of the LP Fault. Step-down drill holes referenced in this release are labeled. (CNW Group/Great Bear Resources Ltd.)
Chris Taylor, President and CEO of Great Bear said, Predictability is a trait that builds first-class mineral deposits, distinguishing the best of the best . With every week that goes by, we successfully expand and fill in the LP Fault zone precisely because of its impressive, predictable continuity. In four months so far in 2021, we ve already extended the area of drill-defined continuous gold
Great Bear Files Amended and Restated Technical Report yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
TSX-V: GBR
VANCOUVER, BC, April 7, 2021 /PRNewswire/ - Great Bear Resources Ltd. (the Company or Great Bear ) (TSXV: GBR) (OTCQX: GTBAF) today provided an update on its ongoing fully funded $45 million 2021 exploration program at its 100% owned flagship Dixie Project in the Red Lake district of Ontario.
Great Bear is pleased to announce the
arrival of a sixth drill rig at the Dixie Project. The sixth rig is being added to accelerate the 2021 drill program, and along with the other five drills will continue to
both infill and expand on the three main gold zones including the Hinge, Dixie Limb and LP Fault zones.