Announcement Date: 2022-04-26
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Great Boulder Resources Ltd.
Project name: Whiteheads
Location: Australia
Commodities: Gold
Highlight: Drilling results incl. 4m @ 0.91g/t Au from 48m
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 provide an exploration update on the Whiteheads project (“Whiteheads”) north of Kalgoorlie in Western Australia. Assay results from 79 air-core (AC) holes drilled recently at Whiteheads have now been received. The program, completed at the end of January, was designed to test geochemical anomalies at six prospects including three areas along the Arsenal Trend. The results continue to enhance the Company’s view that the Arsenal Trend has high potential for additional gold endowment, particularly south of the Blue Poles discovery. Results such as 4m @ 0.77g/t Au at the end of hole in 22WHAC075 compare favorably to the discovery holes at Blue Poles, where thick zones of supergene mineralisation were found by RC drilling beneath AC anomalies. Elsewhere in the same program, intersections such as 4m @ 0.91g/t Au from 48m in 22WHAC032 at Eclipse and 4m @ 0.33g/t Au from 48m in 22WHAC002 at Lindsay’s South justify further work.
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