Proactive - Interviews for investors

Great Boulder reports exceptional gold intersections at Mulga Bill

Episode Summary

Great Boulder Resources Ltd (ASX:GBR) managing director Andrew Paterson joins Proactive’s Tylah Tully to discuss the company’s exceptional assay results from its ongoing reverse circulation (RC) drilling at the Mulga Bill deposit, part of the Side Well Gold Project near Meekatharra, Western Australia. The drilling program, comprising nine holes totalling 1,587 metres, targeted under-drilled zones around high-grade veins, returning multiple high-grade intersections. Noteworthy results included: 5 metres at 43.13 g/t gold from 185 metres, including 2 metres at 102.80 g/t gold, 5 metres at 40.61 g/t gold from 256 metres, including 1 metre at 194.50 g/t gold, 6 metres at 20.52 g/t gold from 179 metres, including 2 metres at 57.10 g/t gold; and 5 metres at 16.93 g/t gold from 91 metres, including 2 metres at 39.70 g/t gold. These intersections are expected to significantly enhance the current mineral resource estimate of 668,000 ounces at 2.8 g/t gold. The drilling also extended several lodes, including the Cervelo Lodes by 30 metres, adding thickness and grade. Infill drilling is anticipated to convert inferred resources into the indicated category, which will aid future scoping studies. Further RC drilling at Mulga Bill and reconnaissance drilling at Side Well South are planned, with diamond drill results expected in October. #ProactiveInvestors #ASX #GreatBoulderResources #MulgaBill #SideWellGoldProject #GoldAssays #HighGradeGold #Mining #ResourceUpdate #GoldExploration #Meekatharra #GoldMining #ReverseCirculationDrilling #DiamondDrilling #CerveloLodes #InfillDrilling #GoldOunces #ResourceExpansion #WesternAustralia #MiningEconomics #GoldIntersections #MiningUpdates