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Great Boulder Resources progresses gold exploration at Whiteheads and Side Well

Phase 1 aircore and auger drilling has been completed at Side Well with Phase 2 aircore drilling underway at Whiteheads.

Great Boulder Resources Ltd - Great Boulder Resources progresses gold exploration at Whiteheads and Side Well
The next round of RC drilling at the projects is scheduled for early November.

Great Boulder Resources Ltd (ASX:GBR) is making progress in gold exploration at its projects in Western Australia with phase 2 aircore (AC) drilling underway at Whiteheads and phase 1 AC and auger drilling completed at Side Well.

The second round of AC drilling has started on schedule at Blue Poles prospect of the Whiteheads project.

This program will test extensions to mineralisation to the north, south and southwest to determine the full extent of the mineralised area.

Fences of drilling have also been designed to test two smaller geochemical anomalies to the north and south of Blue Poles anomaly on the Arsenal Trend.

Mulga Bill phase 1 complete

The first round of aircore drilling at Mulga Bill within the Side Well Project has been completed, with 66 holes drilled for 6,159 metres and this program concludes the initial drill testing.

A program of 641 auger holes has also been completed covering prospective stratigraphy on the eastern side of Side Well, east of Mulga Bill.

This previously unexplored area includes outcropping banded iron formation on the eastern limb of the Pollele Syncline which trends south to the Gabanintha mining centre.

Next drilling round

The next round of RC drilling at the Whiteheads and Side Well gold projects is scheduled to start in early November.

This drilling will test mineralisation at depth beneath the Blue Poles aircore intersections.

A second round of RC is also planned to infill and extend the Mulga Bill area.

Awaiting assays

The company currently has more than 4,000 samples at the assay laboratory in Perth awaiting assay.

Because of the high level of exploration activity in Western Australia, particularly in the gold sector, the company is experiencing longer assay turnaround times than usual.

Results from the previous RC drilling are expected to be announced in mid to late October, with aircore and auger results in early November.

Quick facts: Great Boulder Resources Ltd

Price: 0.05 AUD

Market: ASX
Market Cap: $9.4 m

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