Royal Gold acquires Great Bear Royalties for $153 million

Mining News Pro - Leading precious metals streaming company Royal Gold has signed a definitive agreement to acquire all the issued and outstanding shares of Great Bear Royalties for cash consideration of C$6.65 per share.

Kinross to post first resource for Great Bear in 2022, with PFS to follow

Mining News Pro - Kinross Gold is aiming to report an initial inferred resource for its recently acquired Great Bear (Dixie) project in Red Lake, Ontario, by the end of the year. The gold miner, which paid $1.8 billion in cash and shares for Great Bear in a deal that closed in late February, plans to start a pre-feasibility study on the project in 2023.

Kinross to buy Great Bear for $1.42 billion

Mining News Pro - Kinross Gold Corp announced on Wednesday it will buy gold explorer Great Bear Resources for about $1.42 billion.

Great Bear raises $33M in upsized bought deal, expands Dixie Limb at depth

Mining News Pro - Great Bear Resources is raising $33 million in an upsized (from $20 million previously) bought deal private placement. The syndicate of underwriters is led by Canaccord Genuity, with Great Bear issuing 1.47 million flow-through shares at $17 per share and 725,000 common shares at $11.04 each.

Great Bear drilling finds good continuity at LP Fault

Mining News Pro - Great Bear Resources has released a new batch of drill results from the ongoing $21-million drill program at its Dixie project in northern Ontario. The assays continue to return good gold grades and show good continuity of mineralization at the LP Fault target on drill spacing of 25 to 100 metre centres.

Great Bear raises $5.5 to stretch drilling to 90K metres

Mining News Pro - Great Bear Resources of Vancouver is raising $5.5 million to extend its current drill program at the Dixie property to 90,000 metres. That is a 50% increase over the originally planned 60,000 metres.

McEwen invests in explorer Great Bear

Mining News Pro - Precious metals miner McEwen Mining and its chief owner Rob McEwen will invest a combined C$6-million in Ontario explorer Great Bear Resources, which last week announced a high-grade gold discovery in the Red Lake district.

Great Bear drills high grades at Dixie Lake project

Mining News Pro - Drilling last year at the Dixie Lake gold project. (Image: Great Bear Resources)

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