Great Boulder intersects gold and extends Saltbush mineralisation
February 26, 2024 at 02:46 pm
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Great Boulder Resources Ltd (ASX:GBR) managing director Andrew Paterson sits down with Proactive’s Jonathan Jackson to talk through gold intersections and extended mineralisation at Saltbush prospect. The company has intersected gold over a strike of more than 300 metres along the Ironbark corridor of the Side Well Gold Project in Western Australia. Recent aircore drilling unearthed several gold hits and the company is now starting to fill in the gaps along the corridor. Aircore drilling has extended the known gold mineralisation at Saltbush along strike in both directions and results will be followed up in the next drill campaign starting in March. The company has also identified a new target 400 metres away with extremely high levels of Mulga Bill-style pathfinder elements. Paterson said the company looked to have both styles of mineralisation within the Ironbark corridor target area which is an exciting development.
“Our early-stage exploration within the Ironbark corridor is looking very exciting as we start to fill in the gaps," Paterson said. "Firstly, aircore drilling has extended the known gold mineralisation at Saltbush along strike in both directions. These results will be followed up in the next drill campaign starting in March.
“Secondly, we’ve identified a new target 400 metres away with extremely high levels of Mulga Bill-style pathfinder elements. The peak bismuth value is approximately 10 times higher than anything we’ve seen at Side Well before, with elevated gold, silver, molybdenum and copper which are characteristic of Mulga Bill."
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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Great Boulder Resources Limited is a mineral exploration company with gold and base metal projects in Western Australia. The Companyâs key focus is exploration and development of the high-grade Side Well Gold Project near the historic gold camp of Meekatharra in the Murchison region. The Side Well Project is a group of 12 prospecting leases and one exploration license covering more than 150 square kilometers around the town of Meekatharra in the Murchison region. The Side Well Gold Project is a high-grade gold project in the heart of a multi-million-ounce field. It is located adjacent to Meekatharra in Western Australia. The Side Well project covers a 28 kilometers (km) strike extent of prospective, under-explored greenstone stratigraphy at Meekatharra. Its Whiteheads project is located approximately 40 km north of Kalgoorlie in Western Australia, and north of the Kanowna Belle gold mine. Its Wellington project is located 150 km east of Wiluna in the Earaheedy Basin in central Western.