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Resource World - October-November 2018 - Vol 16 Issue 6

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46 www.resourceworld.com O C T O B E R / N O V E M B E R 2 0 1 8 MINING GREAT BEAR RESOURCES LTD. [GBR- TSXV; GTBDF-OTC] reported revised results from its recent high-grade gold discovery in the Hinge Zone, and pro- vided details on its new drill program, now underway at its 100%-optioned Dixie Project near Red Lake, Ontario. Drill hole DHZ-004 was originally reported as returning 44.47 g/t gold over 7.00 metres on August 22, 2018. The interval has now been increased to 68.76 g/t gold over 7.00 metres through re- assay of a previously under-reported core interval. Revised assay results for drill hole DHZ- 004. All intervals are core length, as there has been insufficient drilling to define true thicknesses. The hole returned 7.00 metres grading 68.76 g/t gold from 124.50 to 131.50 metres (orig. 44.47 g/t), including 3.80 metres of 125.84 g/t from 124.50 to 128.30 metres (orig. 81.09 g/t), including 228.27 g/t over 2.00 metres from 124.50 to 126.50 metres (orig. 143.25 g/t), including 302.48 g/t over 1.00 metre from 125.50 to 126.50 metres (orig. 224.03 g/t). The inter - val contained a 2.75-metre section of 0.02 g/t gold from 129.00 to 131.75 metres. R. Bob Singh, P.Geo, VP Exploration, said, "As part of our quality control pro- cedures, all high-grade intercepts are reviewed in detail and samples are flagged for check-assay and re-assay. After reviewing the intercepts in hole DHZ-004, it was determined that the ana - lytical result from sample number 279693, originally reported as 1.7 g/t gold over 0.5 metres of core length, did not match the visual description of the drill core and was inconsistent with the grade of surround - ing samples. After consultation with SGS Canada's quality control department, the sample was re-submitted for triplicate assays which returned an average of 341 g/t gold by gravimetric analysis. We are satis- fied with the results of our quality control assessment and do not anticipate any fur- ther changes to our reported results." The company also reports it has begun a 30,000-metre drill program that will con- sist of approximately 150 drill holes and will continue through 2018 and 2019. The program will continue to drill test the Dixie Limb Zone (DLZ), including its various sub-zones such as the Hinge Zone and South Limb Zones. Step-out drilling will also test additional targets along the 10-km strike length of the DLZ. In addition to the DLZ, a number of parallel structural trends and geologi - cal contacts have also been identified by Great Bear's technical team that represent new potential gold mineralization tar- gets elsewhere on the Dixie property. The SLZ discovery includes the highest-grade results drilled to date at the Dixie Project – 1.75 metres of 101.05 g/t gold including 346.79 g/t gold over 0.5 metres. Royal Nickel Corp. [RNX-TSXV; RNKLF-OTCQX], sometimes referred to as RNC Minerals, has made a new high-grade gold discovery at its Beta Hunt Mine in Western Australia. In early September, approximately 9,250 ounces of high-grade gold were produced from a 44-cubic-metre cut (130 tonnes) on 15 level at the Beta Hunt Mine (equal to over 70 oz/ton or 2,200 grams/tonne). The high-grade gold (coarse gold and large gold-containing specimen stones) includes approximately 190 kilograms of specimen stone, the larg - est of which is 95 kg with an estimated Hot Assays and New Discoveries We love reporting on great assay results and new discoveries – important drivers of project and stock market success. Below are a few select companies with good news for investors. Great Bear Resources diamond drilling the Dixie Lake Project in the Red Lake Mining Camp. Photo courtesy Great Bear Resources Ltd.

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