Two New Detailed High-Grade Long Sections At LP Fault Discovery

VANCOUVER - Great Bear Resources Ltd. reported results from its ongoing fully funded $45 million 2021 exploration program at its 100% owned flagship Dixie Project in the Red Lake district of Ontario.

This release includes two new detailed high-grade domain long sections that occur adjacent to the north of previously released domain BR7, plus drill results from 18 new LP Fault drill holes mainly targeting the peripheral bulk-tonnage domains.  318 drill holes have now been reported from the LP Fault since its discovery two years ago.

Chris Taylor, President and CEO, said, "We are very pleased to mark the two year anniversary of the LP Fault discovery by entering the final months of near-surface maiden resource estimation drilling, with results published from 318 of approximately 400 anticipated drill holes. We also provide two additional high-grade domains in this release and will continue to provide regular updates on additional domains as drilling nears completion within the various areas."

Ongoing drilling continues to intersect high-grade and bulk-tonnage style gold mineralization at the LP Fault.  New results include: 50.05 g/t gold over 2.30 meters from 315.80 to 318.10 meters downhole in drill hole BR-294; 61.20 g/t gold over 1.10 meters from 143.85 to 144,95 meters downhole in drill hole BR-311. This occurred within a broader interval assaying 3.85 g/t gold over 32.35 meters from 118.85 to 151.20 meters downhole; and 29.52 g/t gold over 2.50 meters from 276.55 to 279.05 meters downhole in drill hole BR-321. This occurred within a broader interval assaying 2.10 g/t gold over 49.25 meters from 254.00 to 303.25 meters downhole.