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home / news releases / great boulder to kick off heritage surveys next week


GBR - Great Boulder to kick off heritage surveys next week at Ironbark

(NewsDirect)

Great BoulderResources Ltd (ASX:GBR) MD Andrew Paterson tells Proactive the companyhas intersected more high-grade gold at the Mulga Bill deposit of theflagship Side Well Gold Project near Meekatharra in Western Australia,proving the continuity of mineralisation over a total strike length of1,100 metres. Meanwhile heritage surveys are set to begin next weekover the new high-priority regional targets defined within the14-kilometre Ironbark Corridor. Paterson says it’s an important stepforward for the company as it sets the stage for a big regionalaircore drilling campaign.

Paterson said, “The Phase 3 program was designedto test the gap between our Central and HGZ zones at Mulga Bill. Thisis outside the current mineral resource, so we’re excited to seehigh grades confirming our structural interpretation in thatarea.”

“Thesehigh-grade intersections are interpreted to include mineralisation insubvertical lodes as well as high-grade west-dipping veins at depth,which remain open down dip and along strike.”

“The RC rig is nowcompleting a small Phase 4 program, which is filling in a few gaps inthe data prior to our next resource update.”

“We are also looking forward to starting anew heritage survey over the Ironbark corridor next week. This is animportant step forward for Great Boulder, setting the stage for a bigregional AC drilling campaign to test this extremely prospective zonein the months ahead.”

ContactDetails

Proactive Investors

JonathanJackson

+61 413 713 744

Jonathan@proactiveinvestors.com

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Stock Information

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

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