Great Boulder Resources five-hole diamond drilling programme at the Side Well project in Western Australia hit a number of high-grade gold lodes.
Great Boulder Resources Highlights Include:
- 7.02m @ 10.50g/t Au from 122m, including 0.45m @ 102.5g/t Au from 122.8m in 23IBDD001 at Ironbark
- 19.25m @ 5.22g/t Au from 121m, including 2.2m @ 10.64g/t Au from 126m and 2.25m @ 19.69g/t Au from 138m in 23IBRCD021 at Ironbark
- 0.3m @ 41.30g/t Au from 195.95m, and 1.38m @ 8.92g/t from 246.7m including 0.36m @ 28.9g/t Au from 246.7m in 23MBRCD039 at Mulga Bill
- 1m @ 45.60g/t Au from 142m in 23MBRCD040 at Mulga Bill
Great Boulder Resources flagship Side Well Gold Project near Meekatharra in Western Australia has seen renewed exploration efforts, and Great Boulder Resources (ASX: GBR) is happy to provide an update on these efforts.
In order to create additional and refine current targets for subsequent RC drill testing, AC drilling has been completed around Ironbark and at Mulga Bill North; assays are expected in August.
The Cervelo and Malvern lodes, as well as the “gap” area between the Central and HGV zones, will be the primary targets of a 4,000-meter programme that the Challenge Drilling RC rig plans to launch at Mulga Bill at the end of July.
Heritage surveys over the Ironbark route will soon begin, and GBR is already coordinating with the Yugunga Nya Heritage Officer to establish budget and schedule details. The new high priority targets on the eastern side of Side Well will be accessible for early exploration after this programme is implemented.
According to Andrew Paterson, Great Boulder’s Managing Director:
These five diamond holes were designed to provide structural information at Ironbark and Mulga Bill so it’s great to see high-grade gold intersections in all five holes, particularly the two wide zones at Ironbark.
The structural orientations and new assay data will feed back into our resource model at both deposits. We are hoping to have a resource update completed during the fourth quarter of this year.
Meanwhile we will have the RC rig back on site for the start of August, and we’re finalising heritage survey plans for the Ironbark corridor so we can start drilling those new targets as quickly as possible.
About Great Boulder Resources
Western Australia is home to Great Boulder Resources, a mineral exploration company with access to high-quality gold and base metals. While the Mulga Bill deposit at Side Well is the principal focus of the company, the Wellington project in the Earaheedy Basin and the Whiteheads area near Kalgoorlie are also being explored for gold, zinc, and lead.
