Great Boulder Resources Reports Highest- Grade Gold Intersection to Date at Eaglehawk

THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) reported recent drilling excitement from the Eaglehawk prospect within the company’s Side Well gold project near Meekatharra in Western Australia.

Great Boulder Resources’ RC drilling effort at the Eaglehawk prospect intersected the highest-grade result to date of:

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3 metres at 46.7 grams per tonne gold from 139m, including 1m at 79.5g/t gold from 140m.

“This is another sensational drilling result from Eaglehawk,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.

“We’re seeing the results of our improved exploration targeting focussed on these very high-grade veins along the and within the dacite contact and this is the highest-grade drilling intersection we’ve seen to date.

“This result is a new zone of high-grade quartz-sulphide vein mineralisation in an area of Eaglehawk that is not well tested.

“It’s an immediate target for follow-up in the next round of RC drilling.

“We are still waiting for the last four RC holes from this program, after which we expect to see the first batches of air-core assays coming through soon.

“We’ll have more updates for the market as soon as those are available.”

The company completed eleven RC holes at Eaglehawk targeting high-grade gold mineralisation along the contact between dacite and the surrounding andesitic volcaniclastics.

Seven RC holes were also drilled at Mulga Bill to add definition around recent extensional drilling north of the current mineral resource that currently stands at 668,000 ounces at 2.8g/t gold.