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Great Boulder Resources Limited (ASX:GBR)

ALERT: Price-sensitive ASX Announcement for GBR
Current share price for GBR : $0.090 0 (0%)+
Announcement
Release
24 Aug 2026 8:06AM
Price at Release
$0.090
Full Release
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Summary
Great Boulder Resources Limited (ASX: GBR) announced the results of its first drilling program at the Peak Hill Gold Project in Western Australia, revealing high-grade assays. Notable results from the Jubilee and Durack deposits include assays of up to 37.1g/t Au, supporting efforts to increase the project's 481,000oz resource by the end of the calendar year. This drilling program, part of a 40,000m campaign, aims to provide a significant resource update, and the initial results have exceeded expectations by confirming the continuity of mineralization and identifying additional resources in previously assumed barren areas. The company is progressing rapidly with three rigs at site and anticipates further results from various target areas.
Key Points
  • High-grade assays from first drilling at Peak Hill
  • Jubilee and Durack deposits show significant gold mineralization
  • Results support increasing the resource estimate by year's end
  • Peak Hill project includes a 40,000m drilling campaign
  • Drilling confirmed mineralization in previously assumed barren areas
  • Company has a capital-light ore purchase agreement with Westgold
  • Further results expected from Golden Treasure area
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.