GBR - Great Boulder hits high-grade gold in all holes at Side Well

(NewsDirect)

Great BoulderResources Ltd (ASX:GBR) MD Andrew Paterson tells Proactive the companyhas gained important structural information from five diamond holes atthe Side Well Gold Project’s Ironbark and Mulga Bill prospects,intersecting high-grade gold in all holes drilled.

The data from these fiveholes, plus aircore drilling around Ironbark and Mulga Bill North,will contribute to generating new drilling targets – assays areexpected in August – as well as supporting a resource model at bothdeposits.

“Thesefive diamond holes were designed to provide structural information atIronbark and Mulga Bill so it’s great to see high-grade goldintersections in all five holes, particularly the two wide zones atIronbark,” Paterson said.

“The structural orientations and new assay datawill feed back into our resource model at both deposits. We are hopingto have a resource update completed during the fourth quarter of thisyear.

“Meanwhile, we will have thereverse circulation (RC) rig back on site for the start of August andwe’re finalising heritage survey plans for the Ironbark corridor sowe can start drilling those new targets as quickly aspossible.”

ContactDetails

Proactive Investors

JonathanJackson

+61 413 713 744

Jonathan@proactiveinvestors.com

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