Great Boulder Resources Ltd (ASX:GBR) managing director Andrew Paterson sits down with Jonathan Jackson in the Proactive studio to discuss a comprehensive exploration campaign to progress the Side Well Gold Project towards a million-ounce resource target, with more than 21,000 metres of drilling scheduled by December 2024.
Initial work at Side Well South has uncovered two significant gold anomalies, which will be drill-tested following the completion of heritage surveys. Additionally, two deep diamond holes at Mulga Bill will test mineralisation at a depth of 500 metres, extending beyond the current 300-metre depth resource.
Other priorities include maiden resource definition drilling at Saltbush and Mulga Bill North, and resource conversion drilling at Mulga Bill. The drilling and assay results will inform a revised mineral resource estimate (MRE) for Side Well by the end of the year, with initial resources for Saltbush and Mulga Bill North to be included if possible, or otherwise estimated separately in early 2025.
Drilling is underway at Mulga Bill North, following significant high-grade intercepts announced earlier this month. The campaign includes testing new targets, expanding the Mulga Bill resource and upgrading resources from the JORC inferred category to indicated.
Paterson expressed confidence in achieving the million-ounce resource target, citing the extensive 18-kilometre Side Well hydrothermal gold system. As this goes on, the company continues to to validate Polelle’s gold potential.
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