Weekend Show – Sat 3 Aug, 2019

Hour 1 – Rick Bensignor, Marc Chandler, and an update from Great Bear Resources

This week was full of news events that drove markets. The Fed started us off on Wednesday with a rate cut but not the promise of future rate cuts. Trump quickly followed with more China tariffs that turned a markets in the opposite direction.

There’s a lot of information in this weekend’s show that considers the markets and politics around the world. Even though the guests I feature this week are both generalists they both have some very interesting comments on the gold market.

I was also at the Sprott conference for most of the week. I will have a few company interviews coming out next week but in this weekends show we do get an update from Great Bear Resources.

Please keep in touch by emailing me at Fleck@kereport.com. I love hearing form all of you and thank you to everyone who stopped to chat the Sprott show!

  • Segment 1 and 2 – Rick Bensignor, Founder of Bensignor Investment Strategies shares his thoughts on the US markets and bond market as well as the gold market. Take note of the global factors he discusses.
  • Segment 3 – Marc Chandler, Managing Partner at Bannockburn Global ForEx takes a close look at the US dollar in light of all the news this week.
  • Segment 4 – We get an update from Great Bear Resources President and CEO Chris Taylor. Great Bear released news yesterday which we follow up on to summarize the exploration this year.

Exclusive Company Updates This Week


Rick Bensginor – Segments 1 & 2
Marc Chandler – Segment 3
Chris Taylor , Great Bear Resources – Segment 4



Company Updates From Management – Thu 11 Jul, 2019

Great Bear Resources – Continuing to expand the resource with high grade drill results

Yesterday Great Bear Resources (TSX.V:GBR & OTC:GTBDF) released drill results that hit high grade gold mineralization extending the Hinge Zone. The extensions include 440 meters down plunge and 150 meters away from the nearest high grade past drill result. This follow another recent news release where the Company announced a new discovery at the Bear-Rimini area – click here to listen to an interview covering those drill results.

Great Bear’s President and CEO Chris Taylor joined to shares some more details on the 11 holes that were released and look ahead to the drilling still to come. We also touch on the recent private placement that give the Company more than enough money to complete the 90,000 meter drill program that is currently underway.

If you have any follow up questions for Chris or I please email me at Fleck@kereport.com.

Click here to visit the Great Bear website and read though the full news release. We outline Figure 1 in the interview.

John Kaiser Exclusive – Thu 13 Jun, 2019

Thoughts on Great Bear, Westhaven, and Nevada Exploration

John Kaiser, Founder of Kaiser Research Online joins me to look at a couple exploration companies with drill programs underway. The handful of standouts in the resource space over the past few years have largely been exploration companies that drilled high grade intercepts in safe jurisdictions. All the companies outlined fit this profile but are at different stages of exploration.

Click here to visit John’s site. It’s well worth your time if you are an investor in the junior space.

Company Updates From Management – Wed 29 May, 2019

Great Bear Resources – More Information On A New High Grade Gold Discovery

Yesterday Great Bear Resources (TSX.V:GBR & OTC:GTBDF) released a drill result from a new area (Bear-Rimini target) on the Dixie Project. This target is 2.5kms northwest of the Hinge Zone and is truly a new discovery for the Company.

Chris Taylor, President and CEO of Great Bear joined me to dive into the drill result. We discuss what drew the team to that location and the importance of the LP Fault (outlined in Figure 3 of the news release).

Please comment or email me (Fleck@kereport.com) with any other questions for Great Bear.

Click here to read over the news release outlining this drill result.

Company Updates From Management – Wed 1 May, 2019

Great Bear Resources – More information on the new high-grade discovery at the Dixie Limb Zone

Great Bear Resources (TSX.V:GBR & OTC:GTBDF) released news yesterday outlining assay results from drilling at the Dixie Limb Zone. The results were some high grade intercepts that the Company is classifying as a new discovery.

I chatted with the President and CEO Chris Taylor about the importance of the high grade results and why they are considering this a new discovery. We also discuss how these results have changed the way the Company is looking at this zone for future work. In the middle of the 60,000 meter drill program there will be some follow up work on this area as well as more exploration drilling at the Hinge Zone and other targets around the property.

Please email me if you have any other questions for Chris or I regarding Great Bear and the plans moving forward – Fleck@kereport.com.

Click here to read over the news release on the drill results.

GoldON interested in Great Bear’s West Madsen gold project in Ontario

GoldON Resources (TSX-V: GLD) announced this week its desire to earn an initial 60% interest and a subsequent 100% interest in Great Bear Resources’ (TSX-V: GBR) West Madsen gold property in Ontario.

To pursue its initial goal, GoldON has entered into a binding Letter of Intent with Great Bear. The document stipulates that GoldON has to invest at least $1.2 million in exploration on the property through a 3-year period; pay Great Bear $145,000 in cash in different installments during the first two years, and issue 875,000 common shares of GoldON to Great Bear through the first two years of the option agreement.

For the initial 60% interest, the Victoria-based miner would have to invest $1.2 million in exploration on the property.

According to a press release issued by GoldON, to acquire the remaining 40% interest, the company would have to incur in additional exploration expenditures on the property of at least $750,000 on or before the fourth anniversary of the signing of a definitive agreement, and pay $500,000 cash or issue 500,000 shares to Great Bear at GoldON's election around the third anniversary of the signing of the deal.

The expanded West Madsen gold project is located in Ontario’s Red Lake Gold District and comprises two claims blocks measuring roughly 6 kilometres by 3 kilometres in size, for a total area of 3,860 hectares.

Great Bear’s information states that the project is a newly identified geological continuity of the greenstone belt within the Balmer and Confederation assemblages, which are host to the adjacent historical Madsen and Starratt Olsen mines. “Results from neighboring Pure Gold’s Madsen project, reported September to November 2016, include 126.6 g/t gold over 3.7 metres; 34.0 g/t Gold over 11.0 metres; 25.4 g/t gold over 8.0 metres; and 76.0 g/t gold over 2.1 metres,” the company’s brief reads.

The post GoldON interested in Great Bear’s West Madsen gold project in Ontario appeared first on MINING.com.

Weekend Show – Sat 20 Apr, 2019

Hour 1 – Upbeat US Data Stagflation, and Resource Stock Hot Spots
Full Hour 1

Well it was another sideways week for many sectors, including the US markets. Unfortunately the gold stocks started to get hit in the last couple days of trading this week but are still very much within this long term range.

Please keep in touch by emailing me at Fleck@kereport.com. I love hearing from all of you! And everyone have a great Easter Long Weekend!

  • Segment 1 – Marc Chandler, Managing Partner at Bannockburn Global ForEx recaps some US economic data that surprised to the upside. We also look to Europe and its recent weak data.
  • Segment 2 – Nichols Pardini, Managing Partner of The Davos Investment Group shares his thoughts on stagflation and the situation the US is in.
  • Segment 3 – Byron King discusses a recent report out of the Mackenzie Institute regarding a significant decline in reserves on the books of major mining companies.
  • Segment 4 – Chris Taylor, President and CEO of Great Bear Resources updates us on the recent announcement of doubling the current drill program to 60,000 meters. Click here to visit the Great Bear website and read the news on the updated drill program.

Marc Chandler
Nichols Pardini
Byron King
Chris Taylor – Great Bear Resources Update


Great Bear goes home with NWOPA discovery trophy

The exploration team of Great Bear Resources has won the Bernie Schnieders Discovery of the Year Award for finding high grade gold zones at its Dixie property near Red Lake, Ontario, Canada.

The company recently drilled its Dixie Hinge zone, intersecting 30.15 g/t gold over 7.3 metres, 130.49 g/t over 1.5 metres, 11.72 g/t over 4.0 metres and 50.72 g/t over 0.5 metre in a single hole.

The award was presented by the Northwestern Ontario Prospectors Association on April 2 at the 2019 Ontario Prospectors Exploration Showcase annual banquet in the northern Ontario city.

Great Bear president and CEO Chris Taylor thanked the NWOPA for the honor, as well as support from the mining industry, and partial funding from the Ontario Prospector Association’s junior exploration assistance program.

(This article first appeared in the Canadian Mining Journal)

The post Great Bear goes home with NWOPA discovery trophy appeared first on MINING.com.

Company Updates From Management – Mon 25 Mar, 2019

Great Bear Exploration – Looking At The Overall Scale Of The Dixie Lake Project

Great Bear Resources (TSX.V:GBR & OTC:GTBDF) has been releasing some good drill results continuing to step out at the Dixie Lake Project in Red Lake Ontario.

I chatted with the President and CEO Chris Taylor to get a better idea about the ongoing strategy. We discuss just how big the project could be, when a resource is planned for, and what drilling we can expect for this year. I also get him to compare the drill results with the Mine grade that is coming out of Goldcorp’s Red Lake Gold Mine.

Click here to visit the Great Bear website and view the maps showing the scale of the drilling.


Great Bear drills multiple high grade veins at Dixie project

Great Bear Resources of Vancouver has hit grades as high as 30.15 g/t gold over 7.25 metres during drilling at its 100% owned Dixie project in the Red Lake District. Both the Dixie Hinge zone (DHZ) and Dixie Limb zone (DL) were drilled, sometimes with a single hole providing core from both zones.

At the DHZ hole 031 intersected four gold veins along a 141-metre wide zone of increased quartz veining and alteration. That hole returned three notable vein intersections: 7.3 metres of 30.15 g/t gold, including 1.5 metres of 130.49 g/t; 4.0 metres of 11.72 g/t gold; and 0.5 metre of 60.72 g/t gold. Of the 42 drill holes completed along the strike length of the DHZ, 26 of them cut intervals with more than 15 g/t gold.

Highlights from the DL zone included 39.2 metres of 2.07 g/t gold starting at approximately 25 metres below the surface. Included in that intersection were 9.2 metres of 5.43 g/t gold that in turn included 0.7 metre of 20.46 g/t gold.

Great Bear’s current drill program includes 30,000 metres to be completed this year. A second drill rig has been added on the property to speed up the program.

(This article first appeared in the Canadian Mining Journal)

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