Great Boulder Resources Drilling at Mulga Bill
THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) is gearing up for more activity on the company’s Side Well gold project in Western Australia.
Great Boulder Resources is recommencing RC drilling at the Mulga Bill target as part of a 5,000 metres program designed to test extensions to high-grade zones along the six kilometres Mulga Bill – Loaded Dog corridor.
Further activity will see the company undertake its first round of RC holes to test primary gold mineralisation over the defined 500m of strike at the Ironbark prospect located 1.5km east of Mulga Bill.
The program is expected to take approximately four weeks to complete, during this time a 3D IP survey will also be completed and processed.
“Our Mulga Bill exploration program is continuing at full speed with the commencement of our first RC drill program for 2022,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.
“We are well advanced and funded to execute our plans to accelerate drilling later this quarter as we move towards an Exploration Target followed by an initial Mineral Resource Estimate at Side Well.
“The additional structural data from the diamond drilling program plus the RC data we gain from this program will be the next step in building our understanding of Mulga Bill.
“The team is looking forward to seeing the full 3D inversion model of chargeability anomalies associated with sulphide once the IP survey is complete, as it will provide our first three-dimensional model of sulphide zones that will be subject to further drilling.”
Email: admin@greatboulder.com.au