GBR Price sensitive 25 May 2026, 8:18 AM

Multiple high-grade gold hits outside the Side Well Resource

Great Boulder Resources Ltd

Great Boulder Resources Announces High-Grade Gold Hits at Side Well

Key points

  • Multiple high-grade gold hits outside the Side Well Resource
  • Significant intercepts include 0.45m @ 165g/t Au
  • Potential to mine Mulga Bill and Eaglehawk as one large pit

Full summary

Great Boulder Resources Ltd (ASX: GBR) has announced significant high-grade gold hits outside the existing Side Well Resource in Western Australia. The latest drilling results, including up to 165g/t Au, extend known mineralisation and indicate the potential for rapid resource growth. Notable intercepts include 0.45m @ 165g/t Au from 454.5m in hole 25MBDD004. These results highlight the continuity of high-grade gold mineralisation between Mulga Bill and Mulga Bill East, and between Mulga Bill and Eaglehawk, suggesting the possibility of mining these deposits as one large pit extending over 2.5km. RC drilling continues at Eaglehawk, while reconnaissance drilling explores the Eastern Corridor. Planning is underway for the Peak Hill Gold Project, with drilling expected to commence post-acquisition in mid-June.

Outlook

The company anticipates continued exploration and drilling to expand the Side Well resource, with potential for significant resource growth and improved economics.

Summary generated by a large language model. Please interpret with care.

Sign in for more about this company, including guidance changes and other insights.
Sign in