Great Boulder pours an extra large one after growing Mulga Bill’s gold footprint to a massive 6km
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Legendary explorer Great Boulder Resources has just extended its Mulga Bill gold system to 6km of strike at its Side Well gold project in WA.
This comes as first assays from its AC program returned a high-grade bottom-of-hole intersection of 3m at 8.56 g/t gold from 147m, including 1m at 23.78 g/t at end-of-hole.
The intersection is 1km south of any previous drilling and extends the overall strike footprint of Mulga Bill to 6kms.
Plus, the hole was drilled to 150m at which point the rig ran out of rods – which the company says means high- grade mineralisation remains open at depth.
Assays from 33 RC holes and 57 AC holes expected to be received in the coming weeks.
Great Boulder Resources (ASX:GBR) MD Andrew Paterson told Stockhead Mulga Bill just proved itself to be something altogether more special.
“This all demonstrates Mulga Bill is now a major project with a simply massive mineralised system.”
“This is 5km from the zone where we first started intersecting ounce-grade gold veins, and the high grades are still there,” he said.
AC drilling at Side Well is ongoing, with diamond drilling at Mulga Bill planned to start asap.
“2022 is going to be a huge year for Great Boulder as we continue to accelerate our drilling programs,” Paterson said.
“The AC rig is heading to Jones Well at the northern end of Side Well shortly, and the diamond rig is due to arrive next week.”
The company says the work program over the next 6 months is intended to scope out an exploration target and to continue to infill it with more drilling – ideally with the aim of accelerating the pace of drilling as it works towards a mineral resource by year end.
This article was developed in collaboration with Great Boulder Resources Limited, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.