Great Bear Resources - Exploring Canada’s Premier Gold District
Great Bear Resources is a gold exploration company focused on its 100%-owned, royalty-free Dixie Project in Ontario’s legendary Red Lake gold district
Located just 25 kilometers southwest of Red Lake, Ontario, Dixie contains high-grade gold zones with confirmed mineralized deposits and has year-round access to significant infrastructure. Great Bear is in the midst of a very active 200,000 metre drill program and is fully funded to continue exploration and drilling into 2021.
Great Bear has also secured additional prospective areas for gold mineralization within the Red Lake gold mine district. These include the 15,300-hectare Dedee property, the 3,100-hectare Pakwash property, and the 3,200-hectare Sobel property.
Stocks and Funding
Following the successes at Dixie, Great Bear Resources completed a couple of financings and most recently closed a $16.7M over-subscribed bought deal private placement. This ensures that the company is well-funded for its ongoing exploration activities.
Great Bear Resources has been described by independent gold industry sources as one of the best gold mining stocks available today. Many resource sector specialists have listed Great Bear Resources as one of their top gold stocks for 2019.
A strong cash position and active drill program makes for an interesting story for investors to follow. With investor interest in gold mining stocks gaining momentum, Great Bear Resources’ story remains one to be watched.