Great Boulder Resources Identifies New Side Well South Gold Targets

THE DRILL SERGENAT: Great Boulder Resources (ASX: GBR) has identified two new large, high-priority gold targets via soil geochemistry at the company’s Side Well gold project near Meekatharra in Western Australia.

Great Boulder Resources identified the targets from results of recent soil auger sampling at Side Well.

The first is a 2.4 kilometres-long Ironbark-style target with peak gold values of 75ppb gold with the second being a 1.4km-long bismuth-molybdenum anomaly, displaying the same pathfinder elements as Mulga Bill, including bismuth assays up to 475 times background levels.

“We recently completed a program of wide-spaced surface sampling over the Side Well South area, extending coverage to the bottom of the Side Well project,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.

“This data has confirmed mineralisation continues south through our tenements and the known hydrothermal system now covers more than 18 kilometres of strike.

“At Side Well South we’ve identified two new targets collectively spanning 3.8 kilometres of strike.

“This expands the known mineral system with the same pathfinder fingerprints as our earlier discoveries to the north.

“The surface anomalism has been getting stronger as we move south, so we’re excited to find these new targets and keen to drill them as soon as possible.

“A heritage survey is scheduled to start on July 22nd, and we’ll be drilling as soon as we receive approval.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE