InvestSMART

Great Boulder Resources Limited (ASX:GBR)

ALERT: Price-sensitive ASX Announcement for GBR
Current share price for GBR : $0.090 -0.01 (-10%)+
Announcement
Release
25 May 2026 8:18AM
Price at Release
$0.100
Full Release
download
Summary
Great Boulder Resources Limited (ASX: GBR) has reported multiple high-grade gold hits that extend beyond the Side Well Resource near Meekatharra, Western Australia. Recent drilling at significant locations between Mulga Bill, Mulga Bill East, and Eaglehawk has revealed high-grade gold intersections, indicating a continuous mineralised system over at least 2.5km. The drilling confirmed the potential for substantial resource growth and economic viability, with grades reaching up to 165g/t Au. The company is progressing with additional drilling programs and planning substantial campaigns at the Peak Hill Project.
Key Points
  • High-grade assays extend mineralisation beyond the +1Moz Resource at Side Well Project.
  • Drilling indicates continuity between Mulga Bill and Eaglehawk over 2.5km.
  • Potential for significant boost in economics from high-grade intersections.
  • Recent assays show grades up to 165g/t Au.
  • Drilling continues at Mulga Bill, Eaglehawk, and regional targets.
  • Planning underway for 40,000m drilling campaign at Peak Hill Project.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.