Bear Lake drills 7.63 g/t Au over 1.0 m at Larder Lake
2011-01-18 09:08 ET - News Release
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Mr. Francois Viens reports
BEAR LAKE GOLD: DRILLING UPDATE AT THE LARDER LAKE PROJECT
Bear Lake Gold Ltd. has provided an update on the program at the Bear Lake zone of its Larder Lake Project located on the prolific Cadillac-Larder Lake Break in the mining district of north-eastern Ontario. Hole 79W3 intersected 3.25 g/t Au over 2.3m and hole 80 intersected 7.63 g/t Au over 1.0m, confirming the extent of gold mineralization and alteration envelope.
Three diamond drills are currently active on the Larder Lake property targeting the upper part of the Bear Lake zone (100% owned by the Company) at depths between 400m and 1,200m from surface. This work is being undertaken as part of a 15,000m exploration program (of which over 8,250 m has been drilled so far) designed to define and expand the higher grade mineralized lenses and to complete a NI 43-101 compliant resource estimate for the Bear Lake zone, once the density of drilling is sufficient.
Table - Highlights (1)
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Hole no. From To Length (m) (2) Au (g/t) Zone
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79 W3 806.1 808.1 2.0 1.14 Carbonate
997.9 1,000.2 2.3 3.25 UM altered
80 1,004.0 1,005.0 1.0 7.63 Carbonate
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Hole 80W - No significant results
(1) Complete assay results are available on the Company's website.
(2) It is not possible to determine true widths at this time. All widths
of intercepts reported are core length.
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