GBR - Great Boulder hits high-grade gold at Mulga Bill North

(NewsDirect)

Great BoulderResources Ltd (ASX:GBR) MD Andrew Paterson tells Proactive the companyhas uncovered even more high-grade gold during aircore drilling atMulga Bill North prospect within the Side Well Gold Project in WesternAustralia. The phase two aircore campaign focused on a 1.5-kilometreby 700-metre mineralised trend, which remains open, and hit gold inmultiple holes.

Meanwhile, the acquisition announced yesterday of several keytenements immediately south of Side Well increases GBR’s projectarea by 22 square kilometres with more than 5 kilometres of additionalstrike on the Ironbark corridor.

Paterson said “We use aircore drilling as a firstpass to look for anomalism and pathfinder elements, so finding some ofthe highest aircore grades seen at Side Well to date indicates thereis a lot more untested potential in this area.

“Mulga Bill North isstill relatively underexplored. With our drilling and previous workcompleted by Doray demonstrating that we have mineralisation over 1.5kilometres of strike and 700 metres east-west.

“It’s a big area and we expect ongoingdrilling to define more Mulga Bill-style high-grade zones which webelieve have the potential to add substantial ounces to the resourceinventory.”

ContactDetails

Proactive Investors

JonathanJackson

+61 413 713 744

Jonathan@proactiveinvestors.com

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