Exploration Discoveries

Auro Zone

The new high-grade “Auro” Zone was drilled at a 2.6 kilometre step-out to the southeast of the Bear-Rimini Discovery area, and 1.2 kilometres southeast of the Yuma Zone along the LP Fault.   Highlights include 10.65 g/t gold over 17.25 metres, and the following:

  • The Auro Zone is located less than one kilometre to the northeast of the Dixie Limb and Hinge Zones.
  • Previously, Great Bear described the Auro Zone as the “DNE” target area, and historical drill intercepts within the LP Fault at this location include 24.6 metres of 0.86 g/t gold.  Historical drill holes were located less than 100 metres from Great Bear’s new high-grade discovery.
  • Various gold intervals were intersected along 307 metres of core length in discovery drill hole BR-020, as shown in Table 1.  Gold mineralization projects to within metres of surface, below shallow gravel cover.
  • The same geological units were intersected at the Auro Zone as at the Yuma and Bear-Rimini Discovery Zones, showing apparent continuity of the host stratigraphy and structures along the 3.2 kilometres of strike extent of the LP Fault tested to date.  Gold was intersected at the predicted geological contact, as had occurred at the Bear-Rimini and Yuma Zones.

Table 1: Assay intervals from Auro Zone discovery hole BR-020.

Drill Hole

 

From (m)

To (m)

Width*

(m)

Gold

(g/t)

Section

 

 

38.00

77.55

39.55

0.26

20075

BR-020

 

81.00

134.70

53.70

4.20

including

90.00

132.00

42.00

5.28

and including

90.75

108.00

17.25

10.65

and including

90.75

94.00

3.25

48.08

and including

90.75

92.25

1.50

101.71

and including

125.20

128.70

3.50

9.08

and

344.20

346.00

1.80

2.37

including

344.20

345.00

0.80

5.13

*Widths are drill indicated core length, as insufficient drilling has been undertaken to determine true widths at this time.

Average grades are calculated with un-capped gold assays, as insufficient drilling has been completed in the Auro Zone to determine capping levels for higher grade gold intercepts.  Average widths are calculated using a 0.10 g/t gold cut-off grade with < 3 m of internal dilution of zero grade.