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Great Boulder Resources Limited (ASX:GBR)

ALERT: Price-sensitive ASX Announcement for GBR
Current share price for GBR : $0.085 0.021 (32.81%)+
Announcement
Release
22 Jul 2026 8:17AM
Price at Release
$0.064
Full Release
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Summary
Great Boulder Resources Limited announced significant high-grade gold intersections at the Side Well Gold Project near Meekatharra, Western Australia. Extensional drilling at the Mulga Bill and Eaglehawk deposits has resulted in the discovery of high-grade gold in several areas, extending the known mineralisation by 400 meters at Mulga Bill East. Recent results from Eaglehawk show that mineralisation continues outside of the current resource models, remaining open for further exploration. The Ironbark deposit also revealed significant high-grade intersections. These findings have increased the company's confidence in the project's potential, with a total resource estimate now standing at 1.02 million ounces of gold. The company is continuing its drilling programs at Side Well and the recently acquired Peak Hill project, with further results anticipated.
Key Points
  • Great Boulder Resources announced high-grade intersections at the Side Well Gold Project, extending the known mineralisation.
  • Extensional drilling at Mulga Bill and Eaglehawk resulted in more high-grade gold intersections.
  • Recent drilling extended the Mulga Bill East mineralisation by 400m and demonstrated grade continuity.
  • Drilling at Eaglehawk revealed mineralisation continues beyond current resource envelopes.
  • One diamond hole at Ironbark showed significant high-grade mineralisation.
  • The Side Well project has a total resource estimate of 1.02Moz of gold.
  • Drilling activities are ongoing at Side Well and Peak Hill, with results expected soon.
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.