Great Boulder Resources begins diamond drilling five high-grade gold targets at Mulga Bill
Five high-grade targets in the central area of Mulga Bill will be drilled for structural and mineralogical data. Diamond rig ready to begin drilling at Mulga Bill in Western Australia s Mid-West.
Great Boulder Resources Ltd (ASX:GBR) has diamond drilling underway across five high-grade gold targets at Mulga Bill, within the wider Side Well Project in Western Australia.
The five-hole program is set to test high-grade lodes in the central area of Mulga Bill, around the initial reverse circulation (RC) intersection of 6 metres at 31.25 g/t gold.
Great Boulder exercises option to lift Side Well Gold Project stake to 75%
The company has enacted the Side Well option 12 months early after intersecting bonanza-grade gold earlier this year. Phase 2 RC drilling is completed and another round of aircore drilling is well underway.
Great Boulder Resources Ltd (ASX:GBR) has exercised its option to acquire a 75% interest in the Side Well Gold Project in Western Australia from Zebina Minerals Pty Ltd.
Under the terms of an agreement signed in July 2020, Great Boulder had a two-year option to explore Side Well before deciding to acquire a 75% interest in the project.
The company has decided to exercise this option 12 months early after the Side Well project produced bonanza-grade gold results earlier this year.
Great Boulder Resources Ltd s gold story is only just beginning with focus on Side Well and Whiteheads proactiveinvestors.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from proactiveinvestors.com.au Daily Mail and Mail on Sunday newspapers.