- Great Boulder Resources (GBR) launches a phase two drilling program at its Side Well gold project in Western Australia
- The 5000-metre reverse circulation program will focus on the Ironbark and Mulga Bill deposits, targeting resource extensions along-strike and down-dip of previous intersections
- The company also plans to continue testing the potential of the Flagpole and Loaded Dog prospects
- Meanwhile, an aircore rig has almost finalised a 97-hole program testing a range of areas including Flagpole, Loaded Dog and Mulga Bill with results expected shortly
- Great Boulder Resources shares are up 2.04 per cent and trading at 10 cents at 10:33 am AEST
Great Boulder Resources (GBR) has launched a phase two drilling program at its Side Well gold project near Meekatharra in Western Australia.
The 5000-metre reverse circulation (RC) program will focus on the Ironbark and Mulga Bill deposits, targeting resource extensions along strike and down dip of previous high-grade intersections.
The company has also planned holes to continue testing the potential of the Flagpole and Loaded Dog prospects within the six-kilometre-long Mulga Bill corridor.
“As the last RC program extended Ironbark to the north, we are continuing to test strike extensions of near-surface gold mineralisation by stepping out further north with new drilling,” Great Boulder Managing Director Andrew Paterson said.
Meanwhile, an aircore (AC) rig has almost completed a 97-hole program testing a range of areas including Flagpole, Loaded Dog and Mulga Bill. Results from this work are expected shortly.
“After a series of sensational drill results from Side Well over the past couple of months, it’s exciting to be following up those results with our next round of RC drilling,” Mr Paterson said.
“I look forward to providing ongoing updates to shareholders as we continue to advance the project.”
Additionally, the company has been concurrently finalising the timing for its first heritage survey over the Wellington project by traditional owners from the Tarlka Matuwa Piarku Aboriginal Corporation (TMPAC).
This survey is expected to begin in May, ahead of soil sampling. The survey was previously pushed back due to rainfall across the region in late March and early April.
Great Boulder Resources shares were up 2.04 per cent and trading at 10 cents at 10:33 am AEST.