Great Boulder Resources Encounters More High-Grade Gold at Mulga Bill
THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) reported assay results from an additional thirteen Reverse Circulation (RC) holes drilled at the Mulga Bill prospect within the company’s Side Well gold project in Western Australia.
The results follow initial results Great Boulder Resources announced in May 2021 that included the newsworthy intersection of:
21MBRC002
6 metres at 31.2 grams per tonne gold from 130m, including 1m at 136g/t gold from 132m.
Great Boulder declared that its recent drilling efforts in the central Mulga Bill area had highlighted two sub-parallel, high-grade lodes with meaningful strike potential.
The company explained that gold intersections of note encountered on the western lode line up with previous drilling over an approximate strike length of 600m, while the eastern lode has apparent continuity over 500m.
Highlights from the latest drilling include:
21MBRC010
16m at 5.52g/t gold from 84m and 8m at 4.06g/t gold from 132m – within a broad mineralised zone of 68m at 2.05g/t gold from 80m;
21MBRC016
8m at 7.51g/t gold from 68m; and
21MBRC013
8m at 4.67g/t gold from 124m, including 4m at 8.52g/t gold from 124m.
“These are more great results from Mulga Bill,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.
“It’s particularly exciting that these hits line up with results from historic drilling, so we’re starting to see strong continuity on two lodes in the central area of the prospect.
“Our previous AC targeting programs defined similar trends to the north and south of this area which are yet to be drilled with RC.
“There’s a lot of scope for more discoveries at Mulga Bill.
“We have another RC program commencing soon at Whiteheads, and we’ll be back on the ground for more drilling at Side Well shortly after that.”
Great Boulder indicated it is waiting on assays from a remaining 13 RC holes that it expects will help confirm continuity on these lodes, which will be further tested by future RC programs.
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Email: admin@greatboulder.com.au
