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BEAR LAKE GOLD LTD.

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TSX-V:BLG (CAD)  0.22 [+0.01 (+4.76%)] Nov 6 2009 - Close

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Featured Company
Type: Public
Classification: Monitor
1111 ST-CHARLES WEST, WEST TOWER, SUITE 411
LONGUEUIL
Quebec
Canada, J4K 5G4
Phone: +1 450 677 1009
Fax: +1 450 677 2601
Toll Free: 1-800-360-8006


Precious Metals Exploration in North America



Bear Lake Gold Ltd. is a precious metals exploration company listed on the TSX Venture Exchange under the symbol "BLG". The Company's objective is to build shareholder value through the acquisition, exploration and development of mineral properties of merit. Current exploration is focused on various stage prospects in North America.

Upon completion of the merger of Maximus Ventures Ltd. and NFX Gold Ltd, in September 2008, NFX Gold Ltd. changed its name to Bear Lake Gold Ltd. The Company's flagship project is the Larder Lake property, located in the Larder Lake gold mining district of north-eastern Ontario. The Larder Lake property consists of a 100% interest in the Cheminis, Fernland, Bear Lake, Barber Larder and Kirkland Wright properties. The Company also has a 75% interest in the Swansea property and holds 29 additional mining claims along the Larder Lake Break. An aggressive three drill rig, 43,000 m drilling program is well underway at Bear Lake.

Bear Lake Gold Ltd. has three other gold exploration projects. The Company has an option joint venture on the Unity project in Idaho, where surface drilling began in July, 2008. The Company also has an option joint venture with Newmont Mining Company at Hope Bay in Nunavut. At June 30, 2008, the Company has spent $4.4 million of a total commitment of $7.25 million to earn a 75% interest in certain claims at Hope Bay. The Company also has an option to earn a 50% interest in the several properties located in the James Bay district of Quebec.

The management team has a broad experience in the mining industry, from exploration to production.


For more information visit:
www.bearlakegold.com

Company News

Friday, July 24, 2009
Bear Lake Gold reported to have suspended all operations at its Larder Lake Property while its investigation continues. On July 21, 2009 the Company announced that it had become aware of material inconsistencies regarding exploration data that appear to compromise the prior reporting of exploration results in respect of the Larder Lake Property.

Mineral Properties Map

Map Legend:
ProducerProducer
Past ProducerPast Producer
DevelopmentDevelopment
ExplorationExploration
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