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Gold & silver

Great Boulder Resources delivers a thick shallow gold intersection from RC drilling at Ironbark

“Metallurgical testing is now underway on Ironbark samples from the first two phases of RC drilling,” said MD Andrew Paterson.

Great Boulder Resources Ltd (ASX:GBR) has delivered a thick shallow gold intersection from its recent reverse circulation (RC) drilling at the Ironbark discovery, situated at the Side Well Gold Project, near Meekatharra in Western Australia.

Assays have been received for an additional two and a half holes from the phase two RC program drilled at Ironbark in early July, confirming a welcome 20 metres at 3.16g/t gold from 16 metres, including 8 metres at 6.66g/t from 28 metres.

Mineralisation remains open to the north, with drill hole 22IBRC014 the northernmost hole yet drilled at the prospect.

In addition, mineralisation is also open to the south, with assays yet to be received for drilling in that area.

Looking ahead, assays from the remaining 6.5 RC holes in this phase of drilling are expected within the next two weeks.

What's more, metallurgical test work on Ironbark RC chips is now underway and RC drilling at Mulga Bill is ongoing.

“Mineralisation open along strike”

Great Boulder managing director Andrew Paterson said: “These recent results include a thick shallow intersection in hole 22IBRC014, which is the northernmost RC hole at Ironbark.

“This demonstrates that mineralisation is very much open along strike.

“Metallurgical testing is now underway on Ironbark samples from the first two phases of RC drilling.

“The remaining assay results from drilling should be received in the next two weeks, and we will start Phase 2 RC drilling as soon as the approvals are in place.

“We will also update our geological interpretation and cross sections in the next announcement."

About Great Boulder

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 located in Western Australia.

The company’s core focus is advancing the Whiteheads and Side Well gold projects while progressing initial exploration at the earlier-stage Wellington Base Metal Project located in an emerging MVT province.

With a portfolio of highly prospective assets plus the backing of a strong technical team, the company considers itself well positioned for future success.

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