Movers and SHAKERS
Great Bear Resources Ltd. (GTBAF)(GBR:CA)
Drilling Affirms Bulk Tonnage Potential over 3 Kilometers of Strike Length
Noble Capital Markets research on Great Bear Resources is published under ticker symbols GTBAF and GBR:CA. The price target is in USD and based on ticker symbol GTBAF. Great Bear Resources Ltd is a gold exploration company. It explores for mineral properties in the Red Lake District in Ontario, Canada. Its property portfolio includes Great Bear's Red Lake Properties with the flagship Dixie project, Pakwash property, and Sobel property.
Mark Reichman, Senior Research Analyst of Natural Resources, Noble Capital Markets, Inc.
Refer to the full report for the price target, fundamental analysis, and rating.
Phase 1 drill results. Great Bear Resources released additional results for drill holes associated with its Phase 1 drilling program at Dixie. Since May 2019, Great Bear has completed 440 drill holes, representing 222,500 meters of drilling, at the LP Fault, of which results for 404 drill holes have been released. The company expects to publish a maiden mineral resource estimate in early 2022. The initial resource estimate will be based on Phase 1 drilling to a depth of 450 meters from surface.
Phase 2 drilling commenced in August. Great Bear commenced Phase 2 drilling in August. The program will include expansion drilling of the LP Fault below 450 meters depth and along strike, additional infill drilling of the upper 450 meters of the LP Fault, expansion and infill drilling of the Hinge, Limb, and Arrow zones, and testing of new regional targets ...
This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).
*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision.