Great Boulder Resources Extends Mulga Bill Strike
THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) recently completed a round of air-core (AC) and auger programs at the company’s Side Well gold project near Meekatharra in Western Australia.
Great Boulder Resources declared the AC program had confirmed the strike of mineralisation within the Mulga Bill corridor, demonstrating multiple parallel north-south mineralised trends.
The AC program was designed to infill the 400m line spacing of previous drilling, bringing coverage to an average line spacing of 200m, with an aim to add further confidence to the geological interpretation.
New results include:
20MBAC020
6 metres at 2.04 grams per tonne gold from 81m;
20MBAC050
4m at 2.33g/t gold from 44m; and
20MBAC030
7m at 1.13g/t gold from 80m.
The company now claims to have identified gold over more than 3.7 kilometres of strike with mineralisation remaining open to the north and south.
Follow-up drilling program will commence as soon as Great Boulder is able to access a drill rig, a task that is becoming increasingly difficult in the Western Australia exploration sector of late.
“Our exploration program at Side Well is progressing nicely, with these excellent air-core results at Mulga Bill plus the auger anomalies in a new prospect to the east,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.
“We’ve decided to return to Mulga Bill for another round of AC drilling, with 4,000 metres planned in the next campaign before we commence RC drilling.
“The auger results east of Mulga Bill highlight gold potential in an area that’s never been explored before, and appear to be the northern continuation of structures coming north from the Gabanintha gold project.
“The Great Boulder technical team believes that this eastern target has significant potential.
“We have more auger work planned there, and at the northern end of the project, which is set to commence as soon as possible.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
Email: admin@greatboulder.com.au
