PRECIOUS METALS

Great Bear aims to keep value in shareholders' hands

Exploration market darling Great Bear Resources expects to spin out a 2% net smelter return royalty on its flagship Dixie project in Ontario’s Red Lake mining camp in the next two weeks, CEO Chris Taylor has told Mining Journal in Vancouver.

Henry Lazenby in Vancouver
Great Bear Resources CEO Chris Taylor says the company will spin out a 2% NSR on the Dixie project to shareholders soon

Great Bear Resources CEO Chris Taylor says the company will spin out a 2% NSR on the Dixie project to shareholders soon

The company has created, and will subsequently spin out to shareholders, the NSR on any potential future mineral production at Dixie. The NSR is being held in a wholly owned subsidiary of the company,...

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