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Great Bear jumps 18% on drill results

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Great Bear Resources reported "multiple discoveries" at its Dixie project in the Red Lake district of Ontario.

The company highlighted gold intercepts at 101.70 g/t gold over 1.50 meters, within 10.65 g/t gold over 17.25 meters at the Auro Zone, and 27.77 g/t gold over 2.00 metres within 11.08 g/t gold over 7.00 meters in the Yuma Zone.

The company said all drill holes that have intersected the LP Fault to-date have successfully intersected gold mineralization along 3.2 kilometers of strike length.

Great Bear was up 18% to $8.08 a share as of 2:31 p.m. ET. The company has more than quadrupled its share price from over a year ago.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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