Great Boulder Resources (ASX:GBR) has identified wo large, high-priority gold targets through soil auger sampling at its flagship Side Well Gold Project near Meekatharra in Western Australia.
- Two large, high-priority gold targets have been identified in recent soil geochemistry at Side Well South
- A 2.4km-long Ironbark-style target with peak gold values of 75ppb Au
- A 1.4km-long bismuth-molybdenum anomaly, the same pathfinder elements as Mulga Bill, including bismuth assays up to 475 times background levels
- Both targets are located near the historic high-grade Golden Bracelet Mine which produced 1,009oz Au at an average grade of ~27g/t and has the largest known workings in the Side Well project
- The new geochemical data extends the Side Well hydrothermal mineralisation to a total strike length of more than 18km
Great Boulder’s Managing Director, Andrew Paterson commented:
“We recently completed a program of wide-spaced surface sampling over the Side Well South area, extending coverage to the bottom of the Side Well project. This data has confirmed mineralisation continues south through our tenements and the known hydrothermal system now covers more than 18km of strike.”
“At Side Well South we’ve identified two new targets collectively spanning 3.8km of strike. This expands the known mineral system with the same pathfinder fingerprints as our earlier discoveries to the north.”
“The surface anomalism has been getting stronger as we move south, so we’re excited to find these new targets and keen to drill them as soon as possible. A heritage survey is scheduled to start on July 22nd, and we’ll be drilling as soon as we receive approval.”