Great Boulder Resources Ltd (ASX:GBR) is ready to move the earth at the Side Well Gold Project again, this time with a reverse circulation drilling program at the Mulga Bill prospect in WA.
The 5,000-metre campaign will initially look for extensions to the high-grade gold zones along the 6-kilometre Mulga Bill-Loaded Dog gold corridor.
Simultaneously, GBR will drill its very first RC holes at the Ironbark prospect just 1.5 kilometres east of Mulga Bill, on the hunt for primary gold mineralisation over 500 metres of strike.
Beyond the drilling activity, the gold explorer plans to complete a 3D-induced polarisation survey across the property by the middle of this month.
Full speed ahead
Speaking to the new drilling campaign, Great Boulder managing director Andrew Paterson said: “Our Mulga Bill exploration program is continuing at full speed with the commencement of our first RC drill program for 2022.
“We are well advanced and funded to execute our plans to accelerate drilling later this quarter as we move towards an exploration target followed by an initial mineral resource estimate at Side Well.
“The additional structural data from the diamond drilling program plus the RC data we gain from this program will be the next step in building our understanding of Mulga Bill.
“The team is looking forward to seeing the full 3D inversion model of chargeability anomalies associated with sulphide once the IP survey is complete, as it will provide our first three-dimensional model of sulphide zones that will be subject to further drilling.”
The big picture
Great Boulder is a mineral exploration company with a portfolio of highly prospective gold and base metals assets ranging from greenfields through to advanced exploration.
The company remains focused on advancing the Whiteheads and Side Well gold projects while getting work underway at the earlier stage Wellington Base Metal Project in WA.