Great Boulder Resources Ltd (ASX:GBR) has kicked off aircore drilling on some large, untested geochemical targets at Side Well South, a prospective area of its flagship Side Well Gold Project near Meekatharra in Western Australia.
Side Well hosts a mineral resource estimate (MRE) of 668,000 ounces at 2.8 g/t gold.
First pass at large target
The first target spans 2.4 kilometres of strike, with strong surface gold anomalism in auger sampling and this is the first time GBR has gone in with the drills here.
Great Boulder managing director Andrew Paterson said: “This is our first program testing the largest and strongest soil anomaly we’ve identified so far at Side Well.
“We have been looking forward to this and as we switch back into a discovery phase it will be exciting to see what we find beneath these new targets.
“We’re hoping Side Well South will deliver the next gold discoveries and another step towards our million-ounce resource objective.”
Side Well South hosts the two largest and highest-grade auger anomalies yet identified at Side Well:
- the aforementioned 2.4-kilometre-long Ironbark-style anomaly with strong gold anomalism accompanied by arsenic and antimony centred on the historic Golden Bracelet mine workings; and
- a 1.4-kilometre-long Mulga Bill-style anomaly dominated by very strong bismuth anomalism.
The plan
First-pass aircore drilling will be completed on 200-metre-spaced east-west lines across the priority soil anomalies, with the program broken down into two phases of around 80 holes each.
Once phase 1 is done, the rig will move to Saltbush to complete a small reverse circulation (RC) resource definition program before returning to Side Well South for the second phase of aircore drilling.
The tenements containing the historical Golden Bracelet and Bourke’s Reward workings are currently excised from Great Boulder’s joint venture at Side Well South.
Both are 100%-owned by Wanbanna Pty Ltd, GBR’s minority JV partner in the surrounding tenements, as previously announced.