The latest announcement is out from Great Boulder Resources Ltd ( (AU:GBR) ).
Great Boulder Resources Ltd announced significant drilling results at its Ironbark gold deposit, part of the Side Well Gold Project. The recent reverse circulation (RC) drilling has extended high-grade gold mineralization 60 meters south of the current resource, indicating potential for further growth. The company plans additional drilling to explore the southern extension, with a scoping study for Ironbark on track for completion this quarter. These developments could enhance the company’s resource base and strengthen its position in the gold mining industry.
More about Great Boulder Resources Ltd
Great Boulder Resources Ltd is a mining company focused on gold exploration in Western Australia. The company’s flagship project is the Side Well Gold Project near Meekatharra, which hosts a Mineral Resource Estimate of 668,000 ounces at 2.8 grams per tonne of gold.
YTD Price Performance: 58.14%
Average Trading Volume: 3,011,582
Technical Sentiment Signal: Sell
Current Market Cap: A$51.7M
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