12 www gbr eports c om Glob al Business R eport s PRERELEASE ONT ARIO MINING 2018 Glob al Business R eport s ONT ARIO MINING 2018 PRERELEASE c onc entr a t ed in a ne ar vertic al shoo t or hing e is s tr aight f or w ar d t o mine and such a disc over y c ould e asily tr ade thr ough C1 billion dollars in v alue he pr oclaimed Ano ther junior with lofy aspir a tions t o bec ome Canada s nex t ic onic g old c omp any is Pur e Gold Mining PGM Lik e GBR PGM has also ac quir ed land a t the R ed Lak e Camp assembling 100 ownership of over 47 squar e kilome t ers of c ontiguous p a t ent ed mining claims It s Madsen mine asse t has pr oduc ed 25 million oz of g old making it the sec ond lar g es t his t oric g old pr oduc er in R ed Lak e Darin Labr enz CEO of PGM r eflec t ed on the quality of the Madsen asse t Ther e is a glob al sc ar city of quality pr ojec t s Pur e Gold Mining has one of them sit ting in a s tr ong s t able mining jurisdic tion tha t has witnessed over 100 ye ars of mining ac tivity Madsen c ont ains a curr ent indic a t ed r esour c e of 174 million ounc es g old 624 million t onnes gr ading 87 g mt A u a t a 4g mt S t ephen expec t s the pr ojec t t o r e vit aliz e the Whit e River r e gion employing hundr eds of people The R ed Lak e Gold Camp northern Ont ario is home t o Goldc orp s R ed Lak e mine one of the lar g es t g old c amps in Canada and the world It is also the loc a tion of a hive of explor a tion ac tivity as a v arie ty of juniors jos tle f or a shar e of the spoils in a dis tric t tha t has pr oduc ed over 29 million oz of g old sinc e 1949 V anc ouver b ased junior Gr e a t Be ar R esour c es GBR c aused a s tir in the Canadian mining c ommunity in A ugus t 2018 when r esult s of their high gr ade g old disc over y in the f amous R ed Lak e Camp in Ont ario included 1635 me t ers of 2691 g mt g old and 7 me t ers of 4447 g mt g old Sinc e the announc ement of the drill r esult s a t the Dixie pr ojec t hing e z one GBR s shar e pric e r ose fr om C050 t o C180 in less than a month T or ont o b ased inves tment b anking firm IBK Capit al or ches tr a t ed a C10 million priv a t e plac ement f or GBR on A ugus t 24th 2018 which included a C48 million inves tment fr om R ob McEwen Michael Whit e pr esident and CEO of IBK Capit al is bullish about the po t ential of the disc over y A highgr ade deposit of this siz e Gold Base Metal s PGMs Diamonds Other Mineral s 388 107 6 4 20 million C EXPL OR AT ION SPENDING IN ON TA RIO BY MINERAL IN 2017 Source Natural Resources Canada MNDM Base d on the r esults announce d in August 2018 in addition to what w e kno w about the Re d Lake camp it Gr eat Bear Resour ces disco v er y could be come a multimillionounce deposit A highgr ade deposit of this size concentr ate d in a nearsurface v er tical shoot or hinge is str aightforw ar d to mine and such a disco v er y could tr ade thr ough C1 billion dollars in v alue Michael White president and CEO IBK Capital