Great Boulder Resources (ASX:GBR) is working towards completing resource estimates for the Mulga Bill, Ironbark, Eaglehawk, Saltbush, and Golden Bracelet areas within the Side Well Gold Project in Western Australia.
The company expects to return an updated resource estimate across the greater project later this month.
Great Boulder will continue diamond drilling at Mulga Bill and Ironbark targets, co-funded by the Western Australian Government’s Exploration Incentive Scheme for up to $180,000.
The company will address reverse circulation drilling at the Flagpole and Eaglehawk deposits to extend and infill zones of ‘high grade’ gold, as well as aircore drilling testing targets identified from recent drilling at Flagpole.
Assays from reverse circulation drilling at Eaglehawk include 1m @ 481 grams per tonne (g/t) gold from 129m, and 3m @ 7.97g/t gold from 62m, including 1m @ 21.3g/t gold from 62m.
The program previously intersected 105m @ 2.41g/t gold from 95m, while other campaigns include 5m @ 5.82g/t gold from 134m, 24m @ 1.37g/t gold from 76m, and 12m @ 1.14g/t gold from 24m.
Managing Director Andrew Paterson says Eaglehawk has continued to deliver ‘high grade’ intersections from outside of the pending resource area.
“The 481g/t result appears to sit within a new west-dipping quartz lode, and further drilling is expected to confirm our interpretation,” Paterson says.
“The final round of resource definition drilling at Golden Bracelet added confidence to the two interpreted main zones, with broad intersections of gold mineralisation defined. Resource estimation for that deposit is now underway.”
Great Boulder Resources is a Western Australia-based explorer focused primarily on gold and base metals.
Write to Maddison Elliott at Mining.com.au
Images: Great Boulder Resources
