Movers and SHAKERS
Great Bear Resources (GTBAF)(GBR:CA)
Metallurgical Tests Demonstrate High Gold Recoveries
Noble Capital Markets research on Great Bear Resources is published under ticker symbols GTBAF and GBR:CA. The price target for GTBAF is in USD and the price target for GBR:CA is in CAD. Research reports dated prior to August 26, 2021 may not follow these guidelines and could account for a variance in the price target. 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.
Preliminary metallurgical tests demonstrate strong gold recoveries. Great Bear Resources reported gold recovery test results from its flagship Dixie Project. Management selected what were expected to be the most difficult mineralized domains among the LP Fault from which to extract gold and reported high recoveries at all grades. Ten one-kilogram representative samples were analyzed from 10-to-13-meter-long core intervals and were processed through a standard 48-hour bottle roll test. Gold recoveries were within a range of 95.2% to 99.2%.
Positive implications for development. Recoveries from the Dixie Limb and Hinge zones were similar using comparable grinding and cyanidation conventions, indicating mineralized material from all gold zones may be able to be...
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*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.