TSX-V: GBR
VANCOUVER, March 19, 2020 /CNW/ - Great Bear Resources
Ltd. (the "Company" or "Great Bear", TSX-V: GBR) today reported
that in light of the global COVID-19 pandemic, new operational
procedures have been implemented across the Company to protect the
health of its workforce and their local communities, while
facilitating ongoing execution of its fully funded $21 million exploration program at its 100% owned
flagship Dixie Project.
Chris Taylor, President and CEO
of Great Bear said, "Drilling continues at our flagship Dixie
project. We have implemented comprehensive new operational
procedures designed to limit the risk of infectious transmission,
which should allow exploration to proceed in the safest manner
possible. Great Bear does not operate a camp and is
benefitting from the logistical advantages of the Dixie project's
location adjacent to the highway just outside of Red Lake
Ontario. We rely heavily on local labour and service
providers and would like to thank our exploration partners at
Rimini Exploration and Consulting Ltd., Wabuskang and Lac Seul
First Nations, and Chibougamau Diamond Drilling Ltd. for their
efforts to continue with safe operations during this difficult
time. Under current Federal and Provincial government
guidelines, we anticipate being able to continue the current drill
program throughout 2020 and into 2021 and do not require additional
funding for this work."
COVID-19 mitigation measures include:
- Vancouver office staff are now
working from home until government advisories change.
- Only crew members that reside in Red
Lake or within a safe driving distance are currently working
on site.
- Commercial airline flights for project staff are suspended
until travel advisories are modified or lifted.
- Crews are being monitored for symptoms of illness and asked to
self-isolate for 14 days in the event symptoms are detected.
- Extra cleaning measures have been implemented on site.
- Separate work facilities are already in place and will
facilitate maintenance of appropriate personal spaces while on
site.
- Separated crew accommodations are in place.
- Crews will avoid taking public transit prior to and while on
rotation.
- Crew members will avoid external social gatherings in
compliance with government requirements.
- External assay labs have taken additional sample cleaning
precautions.
The Company will continue to monitor the evolving COVID-19
situation and will continue to act proactively to protect the
health of its workforce.
About Great Bear
Great Bear Resources Ltd. is a well-financed gold
exploration company managed by a team with a track record of
success in mineral exploration. Great Bear is focused in the
prolific Red Lake gold district in
northwest Ontario, where the
company controls over 300 km2 of highly prospective
tenure across 4 projects: the flagship Dixie Project (100%
owned), the Pakwash Property (earning a 100% interest), the Dedee
Property (earning a 100% interest), and the Sobel Property (earning
a 100% interest), all of which are accessible year-round through
existing roads.
Qualified Person and NI 43-101 Disclosure
Mr. R. Bob Singh, P.Geo, Director
and VP Exploration, and Ms. Andrea Diakow
P.Geo, Exploration Manager for Great Bear are the Qualified
Persons as defined by National Instrument 43-101 responsible for
the accuracy of technical information contained in this news
release.
ON BEHALF OF THE BOARD
"Chris
Taylor"
Chris Taylor, President and
CEO
Cautionary note regarding forward-looking
statement
This release contains certain "forward looking statements"
and certain "forward-looking information" as defined under
applicable Canadian and U.S. securities laws. Forward-looking
statements and information can generally be identified by the use
of forward-looking terminology such as "may", "will", "should",
"expect", "intend", "estimate", "anticipate", "believe",
"continue", "plans" or similar terminology. The forward-looking
information contained herein is provided for the purpose of
assisting readers in understanding management's current
expectations and plans relating to the future. Readers are
cautioned that such information may not be appropriate for other
purposes.
Forward-looking information are based on management of the
parties' reasonable assumptions, estimates, expectations, analyses
and opinions, which are based on such management's experience and
perception of trends, current conditions and expected developments,
and other factors that management believes are relevant and
reasonable in the circumstances, but which may prove to be
incorrect.
Great Bear undertakes no obligation to update forward-looking
information except as required by applicable law. Such
forward-looking information represents management's best judgment
based on information currently available. No forward-looking
statement can be guaranteed and actual future results may vary
materially. Accordingly, readers are advised not to place undue
reliance on forward-looking statements or information.
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SOURCE Great Bear Resources Ltd.