Great Boulder Resources Enhances Whiteheads Potential

THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) received drilling results from the company’s Whiteheads project north of Kalgoorlie in Western Australia before heading across for the RIU Sydney Resources Roundup.

Great Boulder Resources received assay results from 79 air-core (AC) holes completed at the end of January, designed to test geochemical anomalies at six prospects including three areas along the Arsenal Trend.

The company said the results continue to enhance its view that the Arsenal Trend has high potential for additional gold endowment, particularly south of the Blue Poles discovery.

Highlights include:

At Blue Poles South

4m at 0.77 grams per tonne gold from 32m to EOH; and

4m at 0.14g/t gold from 32m to EOH.

At Eclipse

4m at 0.91g/t gold from 48m; and

1m at 0.28g/t gold from 68m to EOH.

“With this program we started working on more regional targets at the south end of Whiteheads, but the results clearly highlight the Arsenal Trend as an ongoing priority for further drilling,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.

“From the north end of Blue Poles down to Tektite we’ve now defined over 2.5 kilometres of a mineralised trend.

“We need to drill deeper RC at holes at Blue Poles to test the higher-grade potential plunging to the south, and then start testing these new prospects south of Blue Poles.

“We also expect to have the AC rig back at Whiteheads in about a month, continuing first-pass drilling on additional geochemical targets defined within the broader project area.”