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Junior Mining

Great Bear to Spin Out Net Smelter Royalty to Shareholders

Great Bear Resources

(TSX.V: GBR | OTCQX: GTBDF)

Chris Taylor, President and CEO of Great Bear said, “Discoveries like those occurring at Dixie with the combination of multiple high-grade gold zones, shallow gold mineralization, and proximity to infrastructure within a major mining district, are globally very rare. Our Board of Directors has reviewed the discovery, and transaction history of similar gold discoveries, and believes that a 2% NSR has excellent potential to benefit our shareholders. We also believe it is unlikely to impede potential positive developments that may be possible for the project and our Company, as the majority of comparable gold projects that have been successfully developed have similar or larger royalties. We therefore believe we have a unique opportunity to create additional potential value for our shareholders through the creation of a royalty-focused company built on the future potential of this emerging, district-scale property.”

In this exclusive interview, Chris Taylor of Great Bear Resources sits down with Maurice Jackson of Proven and Probable to provide a detailed analysis on the latest press release details coming from the flagship Dixie Gold Project located in Red Lake District. 

Contact Great Bear Resources:
Phone : 604-646-8354
Email: info@greatbearresources.ca

https://youtu.be/5wi-0NHtURE

Press Release