- Great Boulder Resources (GBR) resumes AC drilling at its Side Well gold project in Western Australia
- The drilling program covers approximately 4000 metres at high-priority targets- Ironbark South and Mulga Bill North
- The company is exploring promising targets within the extensive Ironbark hydrothermal gold system
- Cultural heritage surveys have been requested to enable exploration over the 14-kilometre-long Ironbark system
- Great Boulder Resources is down 6.25 per cent, trading at 7.5 cents at 2:47 pm AEST
Great Boulder Resources (GBR) has resumed drilling activities at its flagship Side Well gold project near Meekatharra in Western Australia.
The latest drilling program covers approximately 4000 meters at high-priority targets- Ironbark South and Mulga Bill North.
“Great Boulder is well positioned for an extremely busy second half of 2023 as we look to start testing a range of exciting targets within the 14-kilometre-long Ironbark hydrothermal gold system,” GBR Managing Director Andrew Paterson said.
The surveyed area includes several priority targets that form the core of the company’s prospect pipeline for the 2024 financial year, with the aim of making significant new Ironbark-style discoveries of near-surface, high-grade gold mineralisation.
The company reported it’s engaging with the Yugunga Nya group to conduct cultural heritage surveys along the 14-kilometre Ironbark corridor.
Once the necessary heritage clearances are obtained, Great Boulder aims to embark on a large-scale aircore drilling program, specifically targeting priority areas.
Following this, reverse circulation drilling will be conducted on a campaign basis, further expanding exploration efforts.
Great Boulder Resources was down 6.25 per cent, trading at 7.5 cents at 2:47 pm AEST.