Announcement Date: 2022-04-26
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Great Boulder Resources Ltd.
Project name: Side Well
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 1m @ 38.4g/t Au from 129.3m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Great Boulder Resources (“Great Boulder” or the “Company”) (ASX: GBR) is pleased to announce assay results from three of the eight recent diamond holes at the Mulga Bill prospect in the Side Well Gold Project (“Side Well”) in Western Australia. Sections of three holes were selected for priority assay based on observations during logging including the presence of visible gold. Highlights from these partial results include The intersection in 22MBDD002 contains visible gold as reported in an ASX announcement of 29 March 2022. Visible gold is also observed higher up in hole 22MBDD003 associated with intense sulphide mineralisation. Samples from this intersection, as well as the balance of the assays from the other holes, remain to be assayed. The intersections reported in 22MBDD001 support the interpretation of narrow sub-vertical highgrade lodes related to the regional north-south shear zone that runs through the area. Multiple individual lodes are now interpreted to trend north-south through this central section of Mulga Bill. The lower half of 22MBDD001 also intersected a sulphide-rich zone of approximately 30m downhole thickness. The dominant sulphides within this zone are pyrite and chalcopyrite, and low silver grades are characteristic of this area.
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