Great Boulder Resources exploration update

Great Boulder Resources (ASX:GBR) has released an exploration update for its Side Well Gold Project in Western Australia. The company reports high-grade gold intersections from drilling at the Saltbush prospect and Side Well South, extending known mineralization.

Summary of GBR's exploration activities

Great Boulder Resources (ASX:GBR) has announced successful drilling results at its Side Well Gold Project, highlighting promising high-grade gold intersections at the Saltbush prospect and Side Well South. The company's exploration strategy includes further drilling to explore extensions and conducting metallurgical testing to assess recovery methods. A mineral resource update is planned for 2025, aiming to incorporate new drilling data. With a current mineral resource estimate of 668,000 ounces at 2.8g/t Au, GBR continues to focus on expanding its gold resources in Western Australia.

Executive commentary on exploration results

The recent drilling results at Saltbush and Side Well South are very encouraging and confirm the potential of these areas to host significant gold mineralization. We are committed to advancing our exploration efforts to expand the known resources.