Black Bear Minerals (ASX:BKB) has reported significant new gold and silver intercepts at its Independence Project in Lander County, Nevada, following the first phase of drilling at Rebel Peak.
The latest reverse circulation drilling has confirmed multiple stacked lodes beyond the existing near-surface mineral resource estimate, representing a 280-meter northward strike extension along the Rebel Trend.
Key results include JBRC016, which returned 47.3m at 0.4 g/t AuEq from 24.4m, including 4.6m at 1.3 g/t AuEq, and JBRC017, which intersected 61m at 0.4 g/t AuEq from 13.7m, including 3.1 meters at 2.3 g/t AuEq.
These intercepts, consistent with the current JORC MRE, demonstrate both thickness and continuity of mineralised lodes, highlighting potential for near-surface resource growth.