Great Boulder Resources (ASX: GBR) has obtained high-grade assay results from the first phase of RC drilling at the Mulga Bill prospect, within the Side Well Gold Project near Meekatharra in Western Australia.
Full assays from hole 23MBRC006A which intersected visible gold include:
o 7.0m @8.13g/t Au from 93m
o 6.0m @589.44g/t Au from 114m, including 1.0m @3,160.00g/t Au from 114m and 1.0m @366.00g/t Au from 115m
o 6.0m @396.58g/t Au from 154m, including 1.0m @2,250.00g/t Au from 158m and 1.0m @94.40g/t Au from 159m
These results are standard fire assays including samples from hole 23MBRC006A which were initially assayed using the Photon assay technique, as announced on March 7, 2023.
“These are extremely high-grade results, and while the spectacular visible gold intersections in 23MBRC006A have garnered plenty of attention it’s great to see the new deep high-grade zone in hole 23MBRC008,” Managing Director, Andrew Paterson, said.
“The Challenge Drilling RC rig will be back on site in the second week of April for a follow-up program at Mulga Bill and Ironbark. By that time, we will also have results coming through from the AC drill program within the six km Mulga Bill corridor.
“The GBR field team is continuing its busy start to the year at Side Well, and we expect a consistent stream of news flow from ongoing programmes over the months ahead.”
The 2023 Phase 1 RC programme at Mulga Bill comprised 13 holes for 3,393m, testing positions within the Central and HGV zones.
Samples from the two intersections of visible gold in 23MBRC006A were initially assayed using the Chrysos Photon assay technique and subsequently re-assayed using the Company’s standard fire assay technique.
Next Steps at Side Well
The current AC drilling campaign is expected to conclude in approximately two weeks’ time, after which an RC rig will return to site in the second week of April to commence follow-up drilling at Mulga Bill and Ironbark.
Next Steps at Wellington
The company is currently finalizing timing for an initial Aboriginal heritage survey at the Wellington project, located approximately 500km east of the Side Well Project in the Earaheedy Basin.
The heritage survey is expected to be followed by a wide-spaced soil geochemistry program. GBR was originally planning to conduct heritage monitoring and soil sampling concurrently, however these activities will now be completed separately.
Once geochemical data from the soil program has been received and assessed the company will confirm the next steps for Wellington, including the option of an aerial Falcon gravity survey.
For further information please visit: https://www.greatboulder.com.au/
