Great Boulder Resources (ASX:GBR) reports it has expanded its exploration tenure into the Earaheedy Basin in central Western Australia following the granting of 4 new exploration licences.
The company says the new exploration licences cover a total land area of 1,134km-square within Western Australia’s Earaheedy Basin and were granted in late January and early February. This ‘highly prospective’ land is referred to as the Wellington Base Metals Project.
Great Boulder notes the tenements have been granted following the completion of the mandatory Native Title objection period, which was undertaken as part of the company’s Aboriginal Heritage and land access agreement with Tarlka Matuwa Piarku Aboriginal Corporation (TMPAC).
“We expect the final tenement to be granted soon, giving us a total project area of 1,134km-square in an area with world-class base metals potential”
Adding on, Great Boulder reports it plans to commence exploration with a regional soil sampling program at the project, which is subject to approval by the availability of TMPAC heritage monitors. Regional soil sampling is expected to commence in late March or early April.
The final licence is also expected to be granted in the near future by the Department of Mines, Industry Regulation and Safety (DMIRS).
Speaking on the granting of the tenure, Great Boulder Resources Managing Director Andrew Paterson said: “We are excited to have these Wellington tenements granted. This process is testament to the relationship we have established with the people of the Tarlka Matuwa Piarku Aboriginal Corporation (TMPAC), and we look forward to collaborating with them as we commence exploration on the project.
We expect the final tenement to be granted soon, giving us a total project area of 1,134km-square in an area with world-class base metals potential.”
The company also notes the Wellington zinc-lead (Zn-Pb) project was initially identified as a ‘large-scale’ geochemical pathfinder anomaly during desktop analysis of open-file Government soil sampling data, and that no previous Zn-Pb exploration has been undertaken in this area.
In addition, previous exploration conducted by Rumble Resources (ASX:RTR) and Strickland Metals (ASX:STK) suggests the Earaheedy basin boasts potential to become a world-class base metals province.
Great Boulder Resources is an ASX-listed mineral exploration company that currently boasts a portfolio of highly prospective gold and base metals assets ranging from greenfields through to advanced exploration located in Western Australia. The company’s Wellington project is located about 140km east of Wiluna in Western Australia’s Earaheedy Basin, an area of exploration that has potential to become a world-class zinc-lead province.
The project currently covers a total land area of 1,134km-square, including 60km of prospective strike of prospective carbonate host units.
Other assets included in the company’s exploration portfolio include the Side Well Gold Project in Meekatharra, and the Whiteheads Project near Kalgoorlie.