Following the recent drill success at Dixie, the total staked area within the Red Lake district increased by over 150 percent, constituting the area’s largest staking rush in decades. Great Bear has completed a model-driven geological review of the district using the Dixie property’s D2 fold and deep-seated structural gold controls as guides. This work suggests additional prospective areas for gold mineralization, which GBR has now secured, royalty free.
The 15,300-hectare Dedee property is road accessible and located approximately 20 minutes away from Red Lake by car. The property covers the western strike extensions of the D2 axial plane, which could control the new high-grade gold discoveries at the Dixie project, and hosts two folded greenstone belts that mimic the geometry of the Dixie folded greenstones. Historical drill reports talk about the presence of sulfides similar to those found at the Dixie Limb zone that were never tested for gold. Conductive trends similar to the Dixie Limb zone has also been identified in historical geophysical surveys.
The 3,100-hectare Pakwash property is located southeast of the Dixie property and covers portions of a regional fault structure. Historical work on the property identified gold lake sediment anomalies that coincide with regional fault zones and gold in-soil anomalies. To date, the anomalies have not been followed up on.
The 3,200-hectare Sobel property is located along the strike extension of the main D2 fold axial plane which could be a control for gold mineralization at Newmont Goldcorp’s Red Lake gold mine.
The company intends to conduct mapping and prospecting on the properties through to the year 2020.