Great Boulder Resources Continues High-Grade Results at Mulga Bill
THE DRILL SERGEANT: Great Boulder Resources reported drilling results from the Mulga Bill prospect at the company’s Side Well gold project near Meekatharra in Western Australia.
Great Boulder Resources received results from RC drilling carried out at Mulga Bill during August and September this year that was conducted at both the High Grade Vein (HGV) area in the north and the Primary Zone in the centre of the Mulga Bill prospect.
Results include:
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13 metres at 25.5 grams per tonne gold from 96m, including 4m at 76.9g/t gold from 100m, and 5m at 8.65g/t gold from 182m, including 1m at 35.4g/t gold from 183m (HGV area);
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10m at 28.74g/t gold from 96m, including 4m at 29.4g/t gold from 96m and 1m at 121g/t gold from 101m (Central Zone); and
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14m at 5.22g/t gold from 92m, including 4m at 7.56g/t gold from 96m and 2m at 20.47g/t gold from 102m (Central Zone).
“These results demonstrate exciting upside across a number of prospects,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.
“Firstly, we have some extremely high-grade results in the central area of Mulga Bill which has seen less drilling than the HGV area.
“These hits highlight the potential for additional high-grade zones to the south.
“Secondly, we have extended the HGV area further north and opened up the potential that it may continue north of the cross-cutting Proterozoic dyke.
“This area remains relatively untested by RC drilling so there is a lot of scope for extensions in that direction.
“Thirdly, the intersections on our new eastern high-grade lode discovery from a small number of test holes provide confidence in our geological model and targeting process.
“Lastly, and significantly is the ongoing identification of new targets coming from our AC drilling.
“With new areas to test at Flagpole, Loaded Dog and Ironbark South we have a very busy program ahead of us.”