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Great Boulder Resources (ASX:GBR) has picked up its highest-ever intersection – with gold grading more than 79 grams per tonne – at its Eaglehawk target in Western Australia, during a program of reverse circulation drilling.
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An intercept of three metres at 46.70g/t of gold from 139m, including one metre at 79.50g/t from 140m was picked up during the program, eclipsing the previous highest intercept of 29 metres at 4.79g/t of gold from 76m in another hole at Eaglehawk.
RC drilling across both this target and another, Mulga Bill, has produced several other strong results, including two metres at 11.15g/t Au from 166m; and nine metres at 1.99g/t Au from 223m, including two metres at 7.42g/t Au from 224m at Mulga Bill; and two metres at 5.40g/t Au from 137m at Eaglehawk.
Great Boulder is continuing its exploration of the Eaglehawk target, with aircore drilling being progressed there; the company is also awaiting assay results from the final four RC holes completed across the Side Well project.
Managing director Andrew Paterson said the result was an exceptional one for Eaglehawk, declaring: “We’re seeing the results of our improved exploration targeting focused on these very high-grade veins along the and within the dacite contact and this is the highest-grade drilling intersection we’ve seen to date.”
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He continued: “This result is a new zone of high-grade quartz-sulphide vein mineralisation in an area of Eaglehawk that is not well tested. It’s an immediate target for follow-up in the next round of RC drilling.”
The Side Well project is located close to Meekatharra in Western Australia.
Great Boulder shares have been trading at 7.3 cents.
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