Great Boulder Resources Ltd (ASX:GBR) managing director Andrew Paterson talked with Proactive's Stephen Gunnion about the company's progress and goals during Resourcing Tomorrow 2024. Paterson highlighted the strong growth profile of their projects, including the ambitious target of achieving 1.00 million ounces of gold in resource next year.
He detailed recent drilling successes at the Saltbush prospect of the flagship Side Well Gold Project, where machine learning helped uncover deeper mineralisation than previously identified. Paterson noted that these developments, alongside ongoing resource definition at Mulga Bill, underpin the company’s confidence in meeting its objectives.
Discussing the economic climate, Paterson emphasised the favourable impact of gold prices, which have surged by $600 over the past year, providing an optimistic outlook for junior miners like Great Boulder Resources.
With plans to continue drilling, refine resources, and explore new targets, Paterson stated, “We have enough targets there now to drill for the next two years.” He described the company's aspiration to reach 1.50 million ounces and begin economic studies as a key milestone for 2024.