Great Bear Resources Ltd. reported results from its ongoing fully funded $45 million 2021 exploration program at its 100% owned flagship Dixie Project in the Red Lake district of Ontario. Seven new drill holes are representative of deeper LP Fault mineralization across a broad area of 1.4 kilometres of strike length between approximately 450 and 750 metres downhole depth. Deeper drilling will continue along an additional 2.6 kilometres of strike length during the ongoing Phase 2 program. Highlights include: These new drill holes are not infill drilling, and significantly extend gold mineralization to depth on their respective drill sections. Figure 1, Figure 2, Figure 3 and Figure 4. New drill hole BR-385 intersected multiple high-grade gold domains, including 157.00 g/t gold over 1.20 metres from 696.45 to 697.65 metres downhole, within a broader interval of 41.76 g/t gold over 5.15 metres from 696.45 to 701.60 metres. The total mineralized interval using the same calculation criteria applied to the shallow LP Fault zone since its discovery (i.e. composite intervals cannot include more than 3 metres assaying less than 0.10 g/t gold) is 6.90 g/t gold over 36.95 metres from 673.25 to 710.20 metres downhole. However, given the greater depths explored by these drill holes, a more relevant interval that excludes peripheral bulk tonnage style gold mineralization and may be more representative of any future potential underground development scenarios is 11.01 g/t gold over 22.85 metres from 678.75 to 701.60 metres downhole. New drill hole BR-386 intersected 16.92 g/t gold over 4.90 metres from 525.00 to 529.90 metres downhole, within a broader interval of 2.21 g/t gold over 49.55 metres from 522.45 to 572.00 metres downhole. New drill hole BR-411 intersected 13.84 g/t gold over 3.15 metres from 459.15 to 462.30 metres downhole. BR-411 is significant as it intersects high-grade gold below the "Gap" area of the LP Fault, and is over 500 metres above the deepest LP Fault intercept to-date in previously reported drill hole BR-260 (March 29, 2021) which assayed 15.57 g/t gold over 3.05 metres from 942.20 to 945.25 metres downhole. More drilling is required to determine if both intercepts occur along a controlling plunge within the same high-grade gold domain. New drill hole BR-384 intersected multiple mineralized intervals including 50.50 g/t gold over 1.00 metre from 587.50 to 588.50 metres downhole, and 6.71 g/t gold over 6.30 metres from 687.50 to 693.80 metres downhole. The total mineralized interval was 3.97 g/t gold over 17.50 metres from 687.50 to 705.00 metres downhole. Seventeen additional drill holes intersected the shallow LP Fault along 3.6 kilometres of strike length. Most of these targeted the bulk tonnage style envelope adjacent to higher-grade domains for resource delineation purposes. Maiden mineral resource estimate disclosure is planned for first quarter of 2022. Highlights include: Eastern LP Fault (Viggo area) drill hole BR-379 intersected 1.84 g/t gold over 28.05 metres from 101.35 to 129.40 metres downhole. This included high-grade intervals of 15.90 g/t gold over 1.00 metre from 101.35 to 102.35 metres downhole and 28.70 g/t gold over 0.50 metres from 123.50 to 124.00 metres downhole. This drill hole is significant as it adds bulk tonnage style gold mineralization at shallow depths to this area. A steeply plunging area of stronger gold mineralization is currently being defined here. Drill holes characterizing additional shallow bulk tonnage style mineralization are summarized in Table 2 and include: BR-425 which intersected 1.09 g/t gold over 80.55 metres from 62.50 to 142.75 metres downhole, BR-441 which intersected 1.08 g/t gold over 30.25 metres from 13.00 to 43.25 metres downhole, and BR-443 which intersected 0.55 g/t gold over 66.20 metres from 38.50 to 104.70 metres downhole. With the 42 new drill holes contained in this release, Great Bear has reported 446 LP Fault drill holes. Including in-progress drill holes, Great Bear has completed 300,000 metres of drilling at the Dixie property to-date. Phase 1 drilling consisted of 440 LP Fault drill holes and was completed in July 2021. The program was designed to support mineral resource estimation along approximately 4 kilometres of strike length to a depth of approximately 450 metres. Phase 2 drilling is designed to expand LP Fault gold mineralization between approximately 450 and 900 metres depth over approximately 4 kilometres of strike length. Great Bear will continue Phase 2 expansion drilling with the goal of significantly expanding the drill confirmed extent of gold mineralization at the LP Fault by late 2022. Other Phase 2 drilling will include regional drilling of new targets, and mineral resource definition and expansion drilling of the Dixie Limb and Hinge zones. The Company is fully funded for this work.