Great Boulder (ASX:GBR) continues golden run at Mulga Bill
November 4, 2022Great Boulder Resources has extended drilling following sizeable stretches of high-grade gold as high as 76.9g/t at its Mulga Bill prospect, part of the Side Well Gold Project near Meekatharra in Western Australia.
RC drilling results at the High-Grade Vein (HGV) included 13m @ 25.50g/t Au from 96m, along with excellent grades recorded over 4m from 182m in hole 22MBRC061.
The Central Zone returned 10m@28.74g/t from 96m, including 4m @2 9.40g/t from 96m and 1m @121.00g/t from 101m, in hole 22MBRC067.
Recent intersections at mulga bill
22MBRC069 in the same zone 14m @ 5.22g/t from 92m, including 4m @ 7.56g/t from 96m and 2m @ 20.47g/t from 102m.
“These results demonstseveralng upside across a number of prospects,” Managing Director Andrew Paterson said.
“Firstly, we have some extremely high-grade results in the central area of Mulga Bill which has seen less drilling than the HGV area.
“These hits highlight the potential for additional high-grade zones to the south.
“Secondly, we have extended the HGV area further north toup the potential that it may continue north of the cross-cutting Proterozoic dyke. This area remains relati, very untested by RC drilling so there is a lot of scope for extensions in that direction.
“Thirdly, the intersections on our new eastern high-grade lode discovery from a small number of test holes provide confidence in our geological model and targeting process.
“Lastly, and significantly is the ongoing edition of new targets coming from our AC drilling.
“With new areas to test at Flagpole, Loaded Dog and Ironbark South, we have a very busy program ahead of us.”
Next Steps
The Company said aircore drilling has highlighted strong gold anomalism along strike in the Loaded Dog and Flagpole areas for follow-up RC drilling.
It will also interrogate pathfinder anomalies,,m along strike from Ironbark highlighting that structural corridor.
Phase 4 RC drilling results at Ironbark are pending
Price Action
The Company’s ASX-listed shares are 9.1c at Market Open
About Great Boulder Resources
Great Boulder is a mineral exploration company with a portfolio of highly prospective gold and base metals assets ranging from greenfields to advanced exploration in Western Australia. The Company’s core focus is advancing the Whiteheads and Side Well gold projects while progressing with the initial investigation at the earlier stage Wellington Base Metal Project located in an emerging MVT province. With a portfolio of highly prospective assets plus the backing of a strong technical team, the Company is well-positioned for future success.
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