THE DRILL SERGEANT: Great Boulder Resources (ASX: GBR) has recommenced RC drilling at the company’s Side Well gold project in Western Australia.
Great Boulder Resources kicked off the RC at the southern end of Mulga Bill where AC drilling in late 2021 intersected an end-of-hole sample grading 23.78 grams per tonne gold, an area that is completely untested by RC drilling.
While available, the rig will also complete a second phase of RC drilling at the new Ironbark discovery, with extensional holes planned to test the strike extent of recent high-grade intersections announced earlier in June.
Great Boulder expects the drilling to continue for the remainder of the year as part of the company’s strategy to advance the Mulga Bill deposit towards a maiden Mineral Resource estimate as quickly as possible.
“I’m very happy to have Challenge Drilling back on site and on schedule, and also very excited to finally be drilling deeper holes into this southern-most target on the Mulga Bill – Loaded Dog trend,” Great Boulder Resources managing director Andrew Paterson said in the company’s ASX announcement.
“We’ll also complete a second round of RC drilling at Ironbark within the fortnight, where we are looking to test strike extensions and continuity of the high-grade gold mineralisation we intersected in our previous drilling.
“We’re continuing to design more holes along the six kilometres extent of Mulga Bill to keep this rig on site for the remainder of the year and into 2023.
“This is an important phase of our exploration program for Side Well, and shareholders will now see a steady flow of updates through the rest of the year.
“In related news, I’m happy to note that Great Boulder has been able to attract some excellent new employees in an extremely competitive market and we will soon have a full team of geologists and field technicians at Side Well sufficient to safely run big drilling programs.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE