Company
ASX:GBR
Great Boulder Resources Ltd is a mineral exploration company with high-quality gold and base metal projects in Western Australia. The company’s key focus is exploration and development of the high-grade Side Well Gold Project near the historic gold camp of Meekatharra in the Murchison region.
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At the beginning of July, the company kicked off a phase 2 RC drilling program at Side Well with plans to add definition to the western and eastern high-grade lodes, including areas where results such as 6 metres at 31.25 g/t gold and 4 met
One hole hit 10 metres at 28.74 g/t from 96 metres, while another hit 2 metres at 20.47 g/t from 102 metres at the central zone.
“The third phase of RC drilling at Ironbark has exceeded our expectations with two very high-grade intersections demonstrating the deposit’s potential for a future open pit or underground mining scenario," Great Boulder MD Andrew Paterson s
“Mulga Bill is continuing to deliver a string of extremely high-grade gold intersections as we continue defining the extent and orientation of these structures," Great Boulder managing director Andrew Paterson said.
“We’re planning to start testing these new targets with aircore drilling as soon as possible,” said managing director Andrew Paterson.
The company will drill about 5,500 metres at the gold project which will take about three weeks to finish.
The 15-metre intersection includes a higher-grade 6-metre hit, clocking in at 83.58 g/t, and extends the Mulga Bill gold vein 30 metres to the south.
The company has received final results for phase two RC drilling at Ironbark, along with initial results at Mulga Bill and Flagpole, all part of its Side Well Gold Project.
“Metallurgical testing is now underway on Ironbark samples from the first two phases of RC drilling,” said MD Andrew Paterson.
"Ironbark could be a game-changer for Side Well in the sense that near-surface ounces have potential to make a future mining scenario more attractive," MD Andrew Paterson said.
Diamond drilling has returned up to 5.9 metres at 39.37 g/t gold from 84.3 metres including 3.6 metres at 63.79 g/t.
Great Boulder recently delivered high-grade gold intersections from its maiden RC program at IronBark.
Great Boulder Resources has restarted RC drilling at the Side Well Gold Project in Western Australia, with drilling focused at the southern end of Mulga Bill,
“With the rig back on site for the rest of the year, we will have a steady flow of results coming through and I’m sure there will be plenty more excitement as the story unfolds,” said Great Boulder’s MD.
“We now have high grades in two of the first three RC holes, with broad down-hole intervals at relatively shallow depths," says MD.
