The 100% owned Big Bear Project consists mineral claims covering an area of 42km2 over highly prospective and under explored greenstone stratigraphy.
The Schreiber-Hemlo Greenstone Belt is Canada’s most prolific mining region. Active mining and development is underway with majors such as Teck Resources Ltd, Newmont Mining Corp and Barrick Gold as well as a number of junior explorers. The Hemlo mine operated by Barrick produced over 22 million ounces of gold to date from a combination of underground and open pit mining.
The Big Bear project footprint comprises the following prospects:
- Bear Lake, Little Bear Lake & Schreiber Pyramid acquired September 2018.
- Little Bear North acquired May 2019.
- Big Duck Creek acquired May 2019.
- The Worthington Property, the Cook Lake Group, the Worthington Extension Group & the Hays Lake Group acquired September 2019.
Exploration at Bear Lake and Schreiber
Assay results from recent exploration at Big Bear Lake and Schreiber have returned highly encouraging grades for gold.
A Phase 1 Exploration Programme is currently underway to follow up on a number of targets from the Company's 2018 orientation programme. Exploration will include infill soil sampling, magnetics and mapping of all anomolies defined in earlier work programmes. A particular focus will be on the five high grade gold discoveries highlighted in the 2018 programme.
Systematic soil sampling and geophysics across "Schreiber Ridge", "Big Bear Ridge", "Big Bear Ridge West" and "Big Bear Bottom" will also be carried out to coincide with percieved structural lineaments and airborne geophysics anomalies.
Four distinct separate areas returned quartz vein sample assays above 5g/t Au.
Two quartz samples collected at a separation of 50m on an E-W trending 26cm wide surface outcropping quartz vein returned 105.5 g/t Au and 112 g/t Au respectively.