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home / news releases / great boulder intersects gold and extends saltbush m


GBR - Great Boulder intersects gold and extends Saltbush mineralisation

(NewsDirect)

Great BoulderResources Ltd (ASX:GBR) managing director Andrew Paterson sits downwith Proactive’s Jonathan Jackson to talk through gold intersectionsand extended mineralisation at Saltbush prospect. The company hasintersected gold over a strike of more than 300 metres along theIronbark corridor of the Side Well Gold Project in Western Australia.Recent aircore drilling unearthed several gold hits and the company isnow starting to fill in the gaps along the corridor. Aircore drillinghas extended the known gold mineralisation at Saltbush along strike inboth directions and results will be followed up in the next drillcampaign starting in March. The company has also identified a newtarget 400 metres away with extremely high levels of Mulga Bill-stylepathfinder elements. Paterson said the company looked to have bothstyles of mineralisation within the Ironbark corridor target areawhich is an exciting development.

“Our early-stage exploration within the Ironbarkcorridor is looking very exciting as we start to fill in thegaps," Paterson said. "Firstly, aircore drilling has extendedthe known gold mineralisation at Saltbush along strike in bothdirections. These results will be followed up in the next drillcampaign starting in March.

“Secondly, we’ve identified a new target 400metres away with extremely high levels of Mulga Bill-style pathfinderelements. The peak bismuth value is approximately 10 times higher thananything we’ve seen at Side Well before, with elevated gold, silver,molybdenum and copper which are characteristic of MulgaBill."

ContactDetails

Proactive Investors

JonathanJackson

+61 413 713 744

jonathan@proactiveinvestors.com

Copyright (c) 2024 TheNewswire - All rights reserved.

Stock Information

Company Name: New Concept Energy Inc
Stock Symbol: GBR
Market: NYSE
Website: newconceptenergy.com

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