Great Boulder Resources Ltd (ASX:GBR) has restarted RC drilling at the Side Well Gold Project in Western Australia.
The drilling is being done at the southern end of Mulga Bill, where AC drilling in late 2021 intersected an end-of-hole sample grading 23.78g/t Au.
Importantly for GBR, this area is untested.
The company also notes that a second rig will complete a second phase of RC drilling at the new Ironbark discovery, with extensional holes planned to test the strike extent of recent high-grade intersections announced earlier in June.
RC drilling underway at Mulga Bill. Photo credit by Tammy Dennis.
Ongoing drilling to feed a maiden resource estimate
GBR is set to undertake work programs for the rest of 2022, as part of its strategy to advance the Mulga Bill deposit towards a maiden Mineral Resource estimate as quickly as possible.
Great Boulder’s Managing Director, Andrew Paterson said of the drilling, “I’m very happy to have Challenge Drilling back on site and on schedule, and also very excited to finally be drilling deeper holes into this southern-most target on the Mulga Bill – Loaded Dog trend.
“We’ll also complete a second round of RC drilling at Ironbark within the fortnight, where we are looking to test strike extensions and continuity of the high-grade gold mineralisation we intersected in our previous drilling.
“We’re continuing to design more holes along the 6km extent of Mulga Bill to keep this rig on site for the remainder of the year and into 2023. This is an important phase of our exploration program for Side Well, and shareholders will now see a steady flow of updates through the rest of the year.
“In related news, I’m happy to note that Great Boulder has been able to attract some excellent new employees in an extremely competitive market and we will soon have a full team of geologists and field technicians at Side Well sufficient to safely run big drilling programs.”