Great Bear Resources (GTBAF)(GBR:CA) – The Plot Begins to Thicken

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Thursday, November 18, 2021

Great Bear Resources (GTBAF)(GBR:CA)
The Plot Begins to Thicken

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.

    Heading into the final stretch. Great Bear operated six drill rigs as of September 30 and is on track to drill approximately 140,000 meters in over 250 drill holes in 2021. During the first nine months, over 100,000 meters of drilling was completed. A maiden mineral resource estimate of the LP Fault from surface to 450 meters’ depth is underway and expected to be published by the end of the first quarter of 2022. Detailed geological modeling, geochemistry, structural data, and 3-D modeling has identified 23 high-grade gold domains along 4 kilometers of the central LP Fault.

    Phase 2 drilling underway.  At the end of the third quarter, Great Bear had completed a total of 478 drill holes over 235,000 meters into the LP Fault target as part of its 4 kilometer long by 450-meter-deep drill program. Phase 2 drilling is underway and includes: 1) expansion drilling of the LP Fault below 450 meters depth, 2) additional infill drilling of the upper 450 meters of the LP Fault, 3) …



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. 

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