Great Boulder Resources (ASX:GBR) Managing Director Andrew Paterson joins Shae Russell at the IMARC conference to discuss the company’s latest milestone – a capital raise of $6.28 million.
Despite tough market conditions, strong investor interest reflects confidence in the Side Well Project’s potential, particularly the Mulga Bill Prospect.
Paterson outlines the strategic use of these funds, emphasising continued drilling to explore and expand multiple targets across an 18km strike zone, including ‘high-grade’ extensions at Mulga Bill and new resource drilling at Salt Bush.
With a focus on organic growth, ongoing metallurgical testing, and preparations for future development, Great Boulder is positioning itself for significant advancements into 2025.
Stay tuned for drilling updates, new targets, and the latest resource developments as Great Boulder Resources continues to make strides in Western Australia’s gold-rich terrain.
🔑 Key topics discussed:
- Successful $6.28 million capital raise in a challenging market.
- Continued drilling at Mulga Bill and new targets at Side Well.
- Strategic plans for resource expansion and development into 2025.
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