April 22, 2021 – Vancouver, British Columbia, Canada – Great Bear Resources Ltd. (the "Company" or "Great Bear", TSX-V: GBR; OTCQX: GTBAF) today reported resultsfrom its ongoing fully funded $45 million 2021 exploration program at its 100% owned flagship Dixie Project in the Red Lake district of Ontario.
Chris Taylor, President and CEO of Great Bear said, “Predictability is a trait that builds first-class mineral deposits, distinguishing the ‘best of the best’. With every week that goes by, we successfully expand and fill in the LP Fault zone precisely because of its impressive, predictable continuity. In four months so far in 2021, we’ve already extended the area of drill-defined continuous gold mineralization at the LP Fault by approximately 25%. At the scale of the LP Fault, this is an impressive achievement with few current exploration stage parallels.”
With the 13 drill holes included in this release, Great Bear has released 283 LP Fault drill holes and anticipates at least 117 additional LP Fault drill holes will be completed by the end of 2021, for a total of at least 400 drill holes.

Highlights of Current Results
• Drill holes reported in this release intersected the LP Fault zone from approximately 25 to 500
metres vertical depth along 1.7 kilometres of strike length. Figure 1 and Figure 2.
• Drill holes were located a) below previous drilling, and b) within 75 to 100 metre previously undrilled gaps in the zone. Table 1.
• Two drill holes are step-downs that extend gold mineralization by more than 100 metres below previous drilling on two drill sections, expanding the LP Fault zone to depth in these locations.
o BR-284, a 125 metre step-down, assayed 11.18 g/t gold over 6.75 metres from 524.20 to 530.95 metres downhole, and
o BR-291, a 139 metre step-down, assayed 1.00 g/t gold over 96.10 metres from 477.00 to 573.10 metres downhole. This included a high-grade core of 16.41 g/t gold over 2.40 metres from 485.00 to 487.40 metres downhole.
• Infill drilling within 75 – 100 metre previously undrilled gaps in the zone also continues to deliver high-grade and bulk-tonnage gold intercepts.
o BR-272 assayed 10.50 g/t gold over 13.10 metres from 313.20 to 326.30 metres
downhole. A high-grade core assaying 33.35 g/t gold over 3.70 metres was present from 313.20 to 316.90 metres downhole.
o BR-247 assayed 16.50 g/t gold over 6.25 metresfrom 365.00 to 371.25 metres downhole.
This included a high-grade core of 169.00 g/t gold over 0.50 metresfrom 369.50 to 370.00 metres downhole.
Results continue to demonstrate excellent continuity of high-grade and bulk-tonnage gold mineralization. The LP Fault zone remains open to extension in all directions.
Table 1: Current drill results from the LP Fault. Results are arranged by drill section from southeast (top) to northwest (bottom).

Drill Hole From (m) To (m) Width* (m) Gold (g/t) Section
BR-281 170.25 174.00 3.75 1.04 20300 and 254.00 255.00 1.00 4.51
BR-282 396.50 440.20 43.70 0.96 20750
including 396.50 397.50 1.00 33.40
and 453.80 456.60 2.80 0.99
BR-284 518.25 530.95 12.70 6.20 20775
including 524.20 530.95 6.75 11.18
and including 527.10 527.70 0.60 76.10
BR-283 400.50 423.55 23.05 1.05 20850
including 402.40 410.50 8.10 2.59
and 441.00 468.05 27.05 1.00
including 464.90 466.20 1.30 10.20
BR-247 365.00 371.25 6.25 16.50 21025
including 368.00 370.00 2.00 51.05
and including 369.50 370.00 0.50 169.00
and 446.65 447.15 0.50 16.90
BR-248 30.25 31.00 0.75 21.50 21025
and 295.00 296.50 1.50 1.81
and 418.85 419.60 0.75 1.25
BR-290 402.10 423.00 20.90 1.07 21050
including 411.00 417.25 6.25 2.89

Table 1 continued.
Drill Hole From (m) To (m) Width* (m) Gold (g/t) Section
BR-291 322.90 326.90 4.00 1.12 21075
and 477.00 573.10 96.10 1.00
including 482.00 488.50 6.50 7.78
and including 485.00 487.40 2.40 16.41
and including 522.00 522.50 0.50 20.40
and 579.70 584.30 4.60 1.42
including 583.70 584.30 0.60 9.38
BR-249 327.35 338.10 10.75 2.39 21125
including 334.35 338.10 3.75 5.28
BR-273 183.00 186.00 3.00 1.09 21925
and 413.00 417.10 4.10 3.69
BR-275 420.75 426.30 5.55 2.12 21925
and 479.00 490.05 11.05 1.24
including 487.35 488.10 0.75 6.02
and 546.70 547.55 0.85 25.10
BR-274 356.80 359.00 2.20 1.65 21950
including 394.65 396.95 2.30 3.01
BR-272 313.20 326.30 13.10 10.50 21975
including 313.20 316.90 3.70 33.56
and including 313.20 313.70 0.50 182.00

* Widths are drill indicated core length, as insufficient drilling has been undertaken to determine true widths at this time. Average grades are calculated with un-capped gold assays, as insufficient drilling has been completed to determine capping levels for higher grade gold intercepts. Interval widths are calculated using a
0.10 g/t gold cut-off grade with up to 3 m of internal dilution of zero grade.
Great Bear’s progress can be followed using the Company’s plan maps, long sections and cross sections, and through the VRIFY model posted at the Company’s web site at www.greatbearresources.ca. All LP
Fault drill hole highlighted assays, plus drill collar locations and orientations can also be downloaded at the Company’s web site.

see figures on
https://greatbearresources.ca/site/assets/files/3937/04-22-21-lp-drill-results-5.pdf