The Dedee project is located 22 km south of the town of Red Lake, a mining friendly jurisdiction. It is road accessible with nearby highway access. There is also nearby water and power available as well as extensive, well developed mining infrastructure.
Historical work includes two holes drilled by Cochenour Willans in 1973 and 1974. An AEM government survey flown in 1975 identified high conductivity on the east end of the property. More recently, a Heli-GT Three-Axis Magnetic Gradiometer survey was flown in 2020 covering the whole property. Great Bear also collected 200 outcrop samples in 2020 with assays and geochemical results showing anomalous gold values.
Elevated gold values and main targets are associated with quartz-veining, gneiss contact, banded iron formation, and mafic volcano-sedimentary rock types. Veins mapped by Great Bear are roughly parallel to the regional foliation (S2). Major breaks with similar geometry are host to other important exploration and mining sites. Anomalous gold values are associated with hinges of shallow plunging ENE folds. Gold mineralization leaked up into felsic rocks, between the Balmer series and overlying Confederation Lake series. Steeply dipping metavolcanic units act as conductors, similar to conductive areas identified on the Dixie Project.
Targets include favorable geological relationships: bimodal volcanism, ultramafic rocks present, banded iron formation and veins associated with gold; structures: first order structural breaks, axial planar geometry, multiple vein sets identified at the margin of the dome; geophysics: several untested geophysical magnetic highs; mineralization: multiple quartz-vein swarms and outcropping banded iron formation.
1Adamova, A. 2020. Technical Report on the Dixie Property Red Lake, Ontario. Great Bear Resources
*NOTE: The nearby mines provide geologic context for EMX’s Project, but this is not necessarily indicative that the Project hosts similar tonnages or grades of mineralization