Drilling confirms multiple new gold targets at Side Well
| Stock | Great Boulder Resources Ltd (GBR.ASX) |
|---|---|
| Release Time | 7 Nov 2025, 8:22 a.m. |
| Price Sensitive | Yes |
Drilling confirms multiple new gold targets at Side Well
- Significant result of 4m @ 11.55g/t Au from 40m in 25SWAC286, 4km north of Ironbark
- Drilling extended Eaglehawk deposit by 500m, now over 1.5km of strike
- Multiple other anomalous gold and pathfinder element results to be followed up
Great Boulder Resources has provided an update on progress at its flagship Side Well Gold Project, which hosts a Mineral Resource of 668,000oz @ 2.8 g/t Au. The first phase of regional air-core drilling tested several prospective areas never previously drilled, including geophysical anomalies and areas north of the high-grade Eaglehawk deposit. The highlight was an intersection of 4m @ 11.55g/t Au on a geophysical target about 4km north of Ironbark, which is a very high-grade result for air-core drilling. Follow-up holes have been drilled around this intersection, with assays expected in November. The drilling has also extended the Eaglehawk deposit by at least 500m to the north, with a best result of 8m @ 0.67g/t Au from 56m, including 4m @ 1.19g/t Au. Several other gold and pathfinder element anomalies were identified and will be followed up in ongoing drilling programs. A diamond rig has commenced the first deep hole at Eaglehawk as part of Great Boulder's co-funded EIS program, and Phase 3 regional air-core drilling is now underway.
The Company is planning to follow up the new gold targets identified through the regional air-core drilling, as well as continue testing the extensions to the Eaglehawk deposit. Further drilling programs are expected to provide consistent, material newsflow.