Great Boulder Resources (ASX:GBR) has reported promising drilling results from its Mulga Bill deposit at the Side Well Gold Project, located near Meekatharra, Western Australia. Recent drilling has identified subvertical gold mineralization extending along the western side of the deposit, suggesting a potential increase in resource estimates.
Great Boulder Resources has announced significant drilling results from the Mulga Bill deposit, part of its Side Well Gold Project. The results include notable gold intersections, indicating a potential increase in the project's resource estimates. The new zones of mineralization are interpreted as extensions of the Malvern Lodes, with a strike extension of approximately 350 meters. The company aims to increase its resource base at shallow depths through ongoing drilling efforts. The RC rig will continue drilling at Mulga Bill North, with plans to move to high-grade zones for further resource definition. Results from other high-priority areas are expected soon. Great Boulder Resources is focused on gold and base metals exploration in Western Australia, with a robust portfolio and no debt. The company is strategically positioned to advance its exploration projects with a strong technical team.
Exploration information is based on work by Andrew Paterson, a qualified geoscientist and Managing Director of Great Boulder Resources.