Great Boulder Resources Finds Multiple High-Grade Gold Beyond Current Resource at Western Australia Project; Shares Up 5%

MT Newswires Live

05/25

Great Boulder Resources (ASX:GBR) found multiple high-grade gold beyond the current resource at its Side Well project in Western Australia, according to a Monday filing with the Australian bourse.

Results include 0.45 meters at 165 grams per tonne grade of gold from 455 meters, and four meters at 24 g/t grade of gold from 134 meters, the filing said.

Reverse circulation drilling is ongoing at Eaglehawk, alongside air-core drilling on broad-spaced reconnaissance fences in the Eastern Corridor, per the filing.

Shares rose 5% in morning trade on Monday.

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