Multiple high-grade gold hits outside the Side Well Resource
| Stock | Great Boulder Resources Ltd (GBR.ASX) |
|---|---|
| Release Time | 25 May 2026, 8:18 a.m. |
| Price Sensitive | Yes |
Great Boulder Resources Announces High-Grade Gold Hits at Side Well
- 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
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.
The company anticipates continued exploration and drilling to expand the Side Well resource, with potential for significant resource growth and improved economics.