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Great Boulder Resources Limited (ASX:GBR)

ALERT: Price-sensitive ASX Announcement for GBR
Current share price for GBR : $0.086 0.011 (14.67%)+
Announcement
Release
1 Jul 2026 8:18AM
Price at Release
$0.075
Full Release
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Summary
Great Boulder Resources Limited announced the completion of the Peak Hill acquisition, which marks a significant milestone for the company in expanding its exploration and resource development activities. The Peak Hill area has a rich history of gold mining, with historical production exceeding 900,000 ounces. The acquisition includes seven granted mining leases and one exploration licence. The company plans to continue exploration drilling at the Peak Hill site to further delineate resources and prepare for potential mining operations. Additionally, Great Boulder is negotiating a mining agreement for the Ironbark deposit to achieve mining-ready status. The company is also active in the Side Well Gold Project, focusing on resource growth from high-grade discoveries. Great Boulder is committed to advancing these projects, leveraging past exploration data from previous operators, and conducting further work to enhance resource estimates and develop mining strategies.
Key Points
  • Completion of Peak Hill acquisition by Great Boulder Resources.
  • Historical production at Peak Hill exceeds 900,000 ounces of gold.
  • Includes seven mining leases and one exploration licence.
  • Continued exploration drilling planned at Peak Hill.
  • Negotiating mining agreement for Ironbark deposit.
  • Active resource growth at Side Well Project.
  • Focus on using past exploration data for future development.
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.