- Great Boulder Resources (GBR) restarts reverse circulation drilling at its Side Well gold project in Western Australia
- Drilling has recommenced at the southern end of the Mulga Bill prospect, where aircore drilling in late 2021 intersected samples grading up to 23.7 grams of gold per tonne
- The company plans to design more holes along the six-kilometre extent of Mulga Bill to further explore the area
- Drilling is anticipated to continue for the remainder of the year as the company works towards a maiden mineral resource estimate for the project
- Great Boulder Resources last traded at 7.1 cents on June 30
Great Boulder Resources (GBR) has restarted reverse circulation drilling at its Side Well gold project in Western Australia.
Drilling has recommenced at the southern end of the Mulga Bill prospect, where aircore drilling in late 2021 intersected samples grading up to 23.7 grams of gold per tonne (g/t gold).
Currently, this area remains untested by reverse circulation drilling.
As such, the company said it planned to design more holes along the six-kilometre extent of Mulga Bill to further explore the area.
Great Boulder Managing Director Andrew Paterson said he was excited to be drilling deeper holes in the southern-most target at Mulga Bill, along the Loaded Dog trend.
“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,” Mr Paterson said.
Meanwhile, Great Boulder’s plan is for a rig to also complete a second phase of reverse circulation drilling at the new Ironbark Discovery, which will aim to test the strike extent of recent intersections.
Drilling is anticipated to continue for the remainder of the year as the company works towards a maiden mineral resource estimate for the project.
Great Boulder Resources last traded at 7.1 cents on June 30.