Great Boulder Resources Says Drilling Results Extends Mineralization at Western Australia Project; Shares Rise 5%

MT Newswires Live

02/10

Great Boulder Resources (ASX:GBR) said drilling results extended known mineralization well below the resource at its Side Well gold project in Western Australia, according to a Tuesday filing with the Australian bourse.

Drilling yielded 15.32 meters at 8.85 grams per tonne gold from 125.38 meters, the filing said.

The results show a high-quality mineralized system with "huge" scope for growth at depth, the filing added.

Shares of the company rose 5% in recent Tuesday trade.

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