Bear Lake Gold LTD NEW : Aus 2 mach 1!

zu ihrer Bank und die sagen: Kurs nur nicht überhitzen!!!!!!!!!!!!!!

Also 20 cent liegen noch durch aus im Möglichen!!

Drunter der ist selber Schuld denn sonst dreht es sich wieder in einen Abwärtstrend!!

0,33 CAD =   0,207712 EUR

Die Zeit ist wohl noch nicht reif die Blaue Linie nachhaltig zu überspringen!?

Bear Lake Gold Ltd.

Bear Lake Gold Confirms the Deep Extension of the Bear Lake Gold Zone at Larder Lake, Ontario
New Mineralization Uncovered in Parallel Zones

Hole #52 intersects 1.0 meter grading 16.3 g/t Au

LONGUEUIL, QUEBEC--(Marketwire - Nov. 27, 2008) - Bear Lake Gold Ltd. ("Bear Lake Gold" or the "Company") (TSX VENTURE:BLG) is pleased to report new results from the follow-up drilling program on the Bear Lake zone of the Larder Lake Project located in northeastern Ontario. Hole #58, at 1,000 meters vertical depth, intersected 82.1 meters of strongly altered carbonate-type mineralization grading 0.8 g/t gold, including 2.0 meters grading 6.0 g/t gold, 28.4 meters grading 1.4 g/t gold, 8.5 meters grading 1.1 g/t gold and 9.0 meters grading 1.3 g/t gold. This intercept is located 250 meters down dip and 150 meters to the west of hole #49, which intersected 9.5 meters grading 19.4 g/t gold, as reported in a press release dated September 4, 2008.

Holes #52 and #54A both intersected gold mineralization within altered sediments just south of the Bear Lake zone, and outside the known mineralized envelope. Hole #52 intersected 1.0 meter of altered sediments grading 16.3 g/t gold and hole #54A cut 1.4 meters assaying 1.9 g/t Au, respectively 225 meters and 75 meters south of the Bear Lake zone. It is not the first time that gold is intersected in the sediments located south of the main gold zone (e.g. hole #35: 0.7 meter grading 7.2g/t Au). "We are pleased to see the impressive strength of the mineralized corridor at depths exceeding 1,000 meters," said Francois Viens, President and CEO of Bear Lake Gold Ltd. "We are now in the process of planning the most efficient way to define the Bear Lake zone with a close-spaced drilling program. Master holes were drilled from which a series of wedges could rapidly provide multiple intersections at a cheaper cost."

The unusually, wide intercept and highly anomalous gold values in hole #58, coupled with the strong alteration encountered in all the holes drilled to date below 500 meters, confirm the deeper extension and the increase in alteration (albitization, silicification) of the gold mineralized system with depth. This intersection is located at 1,000 meters vertical and is some 250 meters deeper than any prior mineralized intersection. By analogy with the former Kerr Addison mine, located 5 km to the east, high-grade and low-grade shoots occur within both the carbonate-type and flow-type mineralized zones. Hole #58 intersected the carbonate-type mineralization 200 meters deeper than expected and thus could have missed a high-grade shoot. However, the results clearly demonstrate that a strong gold mineralizing system is still open below 1,000 meters and that additional testing of the Bear Lake zone is required to establish the size and extent of the high-grade gold shoots within this very extensive gold mineralized envelope.

Other new intercepts along the Bear Lake zone include hole #53 which cut 6.3 meters of carbonate-type mineralization grading 0.5 g/t gold and hole #55 which intersected 2.2 meters of carbonate-type mineralization assaying 2.8 g/t gold. Hole #56A cut 1.1 meters of flow-type mineralization assaying 4.8 g/t gold at 1,000 meters vertical.

Recently, the carbonate-type mineralization has developed as our primary target for exploration at Bear Lake. However, investigation of the flow-type mineralization also has shown good strength and lateral continuity at depth and thus drilling will continue as planned.

Highlights of recent results are presented below, and additional information is available on the Company's website and linked below:

Complete Table of Assay Results (http://www.bearlakegold.com/i/pdf/TABLE_1_LarderLakeAssayResults_BearLakeArea_27112008.pdf)

Larder Lake Project Plan View (http://www.bearlakegold.com/i/images/LarderLakePlanView_112008.jpg)

Bear Lake Long. Section (Carb type) (http://www.bearlakegold.com/i/images/Carbonate-type_Mineralization_Longitudianal_Section_112008.jpg)

Bear Lake Long Section (Flow type) (http://www.bearlakegold.com/i/images/Flow-type_Mineralization_Longitudianal_Section_11_2008.jpg)




Highlights of Recent Drilling Results on the Bear Lake zone at Larder Lake


--------------------------------------------------
Hole no.       From      To   Core Length      Au      Mineralization Type
                (m)     (m)           (m)   (g/t)
--------------------------------------------------
NFX08-52      579.0   580.0           1.0    16.3         Iron formation -
                                                                Sediments
--------------------------------------------------
NFX08-5      1042.5  1048.8           6.3     0.5           Carbonate-type
--------------------------------------------------
NFX08-54A    1140.3  1141.7           1.4     1.9                Sediments
--------------------------------------------------
NFX08-55      769.0   771.2           2.2     2.8           Carbonate-type
--------------------------------------------------
NFX08-56A    1121.5  1222.6           1.1     4.8                Flow-type
--------------------------------------------------
NFX08-58(ii) 1025.5  1107.6          82.1     0.8           Carbonate-type
--------------------------------------------------
including    1025.5  1054.0          28.5     1.4
--------------------------------------------------
or           1038.7  1040.7           2.0     6.0
--------------------------------------------------
and          1067.4  1075.9           8.5     1.1
--------------------------------------------------
and          1097.6  1106.6           9.0     1.3
--------------------------------------------------


(ii) Results from parts of the hole located outside of the Bear Lake Zone
    are pending
    Hole #51: No significant gold value
    Holes #54A, 54AW: Abandoned due to technical problems before reaching
    the Flow-Type mineralization
    Holes #51, 52, 53, 55, 56A, 58: stopped in strongly sheared zone
    between flow-type and carbonate-type mineralized zones
--------------------------------------------------





Project Update

Two drill rigs are currently active at the Larder Lake project in Ontario. Reducing the number of drills is allowing the Company to manage its financial resources carefully and give more time to improve our deeper drilling technique at Bear Lake. One drill rig will continue to test the down-plunge extension of the high-grade gold mineralization discovered to date at Bear Lake. The second drill will test other promising gold targets on the Larder Lake Project. These targets are all located within the same rock units that host most of the gold occurrences along the Cadillac-Larder Lake Break; including the former Kerr Addison mine located 5 km to the east. Since September 2007, more than 31,000 meters of diamond drilling were completed at Larder Lake. Earlier this year, independent work commenced in order to re-estimate the historical resources at Cheminis according to 43-101 regulation. Because of the lack of reliability of the old information, management has decided to postpone the compilation process. The investigation reported significant missing or destroyed assay certificates, drill logs and missing drill core, making it impossible to meet the strict 43-101 requirements until more drilling is completed. Nevertheless, future work will target the deeper extension of the old Cheminis Mine, which remains a prime exploration target for the Company. In view of the longer time required to complete the deeper drilling at Bear Lake, the Company plans to estimate a 43-101 compliant resource on the Bear Lake gold zone as soon as the drill information is sufficient to meet 43-101 requirements.

Larder Lake Project

Bear Lake Gold has a 100% interest in the Cheminis, Bear Lake, Fernland and Barber Larder projects and a 75% interest in the Swansea project (Newstrike: 25%), which together comprise the Larder Lake Project located in northeastern Ontario.

Quality Assurance and Control

As part of its QA/QC program, Bear Lake Gold carried out check assays on the high-grade intersections with no significant discrepancies found in the assay results. The assays reported are the uncut average grades of all determinations from the same samples. The analytical method for gold is one (1) assay-ton fire assay, with gravimetric finish on all samples. All assays reporting over 2 g/t Au are automatically re-checked using the rejects. Assaying is done at Polymet Labs in Cobalt, Ontario. The quality control process includes inserting blank samples and certified standards within each batch sent to the laboratory.

Qualified Person

The technical content of the information contained in this news release was reviewed and approved by Mr. Bernard Boily, P. Geo., and Bear Lake Gold's Vice President of Exploration. Mr. Boily is responsible for supervising the drilling program and is a qualified person under National Instrument 43-101.

Forward-looking Statements

This news release contains certain "forward-looking statements". All statements, other than statements of historical fact, that address activities, events or developments that Bear Lake Gold believes, expects or anticipates will or may occur in the future, are forward-looking statements. These forward-looking statements reflect the current internal projections, expectations or beliefs of management of Bear Lake Gold based on information currently available to them. Forward-looking statements are subject to a number of known and unknown risks and uncertainties beyond Bear Lake Gold's control including uncertainties related to availability of funds to complete the exploration and development of its projects, potential mineralization, exploration results, completion of work program, and availability of equipment necessary for the drilling program and future plans and objectives of the companies. Resource exploration, development and operations are highly speculative, characterized by a number of significant risks, which even a combination of careful evaluation, experience and knowledge may not eliminate, including, among other things, unprofitable efforts resulting not only from the failure to discover mineral resources but from finding mineral deposits which, though present, are insufficient in quantity and quality to return a profit from production. There can be no assurance that such statements will prove to be accurate and actual results could differ materially from those suggested by these forward-looking statements for various reasons discussed from time to time in filings made by the companies with securities regulatory authorities. This cautionary statement qualifies all forward-looking statements herein. Accordingly, readers should not place undue reliance on forward-looking statements. Bear Lake Gold undertakes no obligation to update publicly or otherwise revise any forward-looking statements, except as may be required by law.

The TSX Venture Exchange has neither approved nor disapproved of the contents of this news release.

Last Market by Price Update: 28 Nov 2008 9:34 ET

BID
Orders Volume Price Range
5 191,000 0.020-0.330
             
ASK§
Price Range Volume Orders
0.350-0.500 99,500 5

 

also wunderschön gehalten!!

Nach den gestrigen News hatte ich Gerri Paxton eine etwas "provozierende" Mail geschrieben.
(Mr. Viens ist aktuell nicht im Büro, daher KOntakt mit Gerri.)

Anbei die Antwort:

Dear Mr. ...,

I do understand that the markets/economy are affecting everyone.

I would like to comment on the news, however, despite your view on the results. Any professional geologist will recognize that the presence of such a strong mineralized system at more than 1 Km from surface is indeed spectacular. It is normal in any deposit to find an alteration of High grade and Lower grade gold. This WAS the case at the old Kerr Addison mine located only 5 Km east of Bear Lake and in the same geologic horizon, and that produced 11 million ounces of gold. The important part is that the mineralization is not only present at depth, but growing even stronger. Additional close-space drilling is required to locate and quantify the high-grade mineralized lenses. This is part of our planned program for 2009. In view of the latest results, we remain very optimistic about the overall potential of the Bear Lake zone and we hope to find other significant gold mineralization elsewhere on the Larder Lake property.

As soon as we have drill results returned for Unity, we shall report them. Hope Bay project is still under discussions.

Approximately 5% are at the lab.

Thank you for your time, interest and understanding.

Regards,
Gerri


Gerri Paxton
Manager, Investor Relations
Bear Lake Gold Ltd. (TSX.V - BLG)
Tel: 450-677-2054
Fax: 450-677-2601
gpaxton@bearlakegold.com



PS:
Wenn man die News (und zwar sämtliche News...) genau durchliest und auch an einer nachhaltigen Entwicklung der Firma interessiert ist, sieht man wie nach und nach ein Puzzle-Stück zum anderen passt!

Nur eins ist leider nunmal so: Rom wurde auch nicht an einem Tag erbaut!
Daher sehe ich die ganze Geschichte viel Distanzierter und mit dem nötigen Weitblick!

Ein Vorteil hat das ganze: Man hat gemütlich Zeit um seinen Bestand zu erhöhen lachen

0,35 CAD =   0,223050 EUR

Schön zusehen wie seit den News die zwei kleinen Gaps geschlossen wurden!!

Nächste Woche kann es also weitergehen, denn:

In view of the latest results, we remain very optimistic about the overall potential of the Bear Lake zone and we hope to find other significant gold mineralization elsewhere on the Larder Lake property.

As soon as we have drill results returned for Unity, we shall report them. Hope Bay project is still under discussions.

Approximately 5% are at the lab.

Schönes Wochenende

Hallo Jungs,

mich würde es interessieren warum Goldinvest.de keine Berichte über Bear Lake Gold bringt, wisst ihr was??? Wenn man im Archiv sucht, kann man sehen das 2004 ein paar wenige Meldungen über NFX Gold geschrieben wurden, aber sonst rein garnichts!

?!?  

BID
Orders Volume Price Range
5 170,000 0.020-0.310
             
ASK§
Price Range Volume Orders
0.340-0.740 77,000 6

0,35 CAD  =  0,222605 EUR

BID
Orders Volume Price Range
6 117,500 0.220-0.320
             
ASK§
Price Range Volume Orders
0.340-0.740 129,500 6       Mit dieser Menge wären wir vor den News noch bis auf 5 cad gekommen so leer wie das ask war und nun kann man richtig einkaufen!!!

sonst siehts wieder düster aus!!

0,32 CAD =0,201931 EUR

scheint zu halten, keiner will drunter verkaufen!!

Kaufen will aber auch keiner, denn die erste Taxe verheißt nichts gutes!!

                          15.0          §0.23 · 0.34 17.5

hoffentlich hält dann der 38er durchschnitt

und was die Canis gestern gemacht haben müßte leider auch bei uns ein Asubruch nach unten kommen, es kann aber auch nach oben gehen denn die aufwärtslinie schaut hier noch gut aus!

mal sehen was die Canis machen werden!?