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The latest update is out from Great Boulder Resources Ltd ( (AU:GBR) ).
Great Boulder Resources has completed a second round of metallurgical test-work on its Mulga Bill samples, demonstrating excellent gold recoveries of 92% to 96% with reduced cyanide concentrations. These results indicate potential for lower processing costs and reduced capital expenditure for future plant construction, enhancing the project’s economic viability and competitiveness in the gold mining sector.
More about Great Boulder Resources Ltd
Great Boulder Resources Ltd is a mining company focused on gold exploration and development, primarily operating the Side Well Gold Project near Meekatharra in Western Australia. The company is engaged in advancing its projects through exploration and metallurgical testing to optimize gold recovery processes.
Average Trading Volume: 2,981,237
Technical Sentiment Signal: Buy
Current Market Cap: A$51.7M
See more data about GBR stock on TipRanks’ Stock Analysis page.