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The latest announcement is out from Great Boulder Resources Ltd ( (AU:GBR) ).
Great Boulder Resources Ltd has reported significant progress in its June 2025 quarterly report, highlighting the completion of a scoping study for the Ironbark resource at the Side Well Gold Project. The study indicates a production target of 1.26 million tonnes at 2.0 grams per tonne of gold, translating to approximately 79,000 ounces of gold, with a potential pre-tax NPV of A$137 million and an IRR of 152%. The company is advancing its field studies for mining approval applications and has continued to achieve positive drilling results at Eaglehawk and Ironbark, which could enhance its resource base and operational capabilities. Additionally, the divestment of the Whiteheads Project is nearing completion, and the company has successfully raised $12.5 million through a placement.
More about Great Boulder Resources Ltd
Great Boulder Resources Ltd is a company operating in the mining industry, focusing on exploration and development of gold and base metal projects. The company has several projects including Side Well, Wellington, Whiteheads, Gnaweeda, and Polelle-Wanganui, with a market focus on gold and zinc-lead resources.
Average Trading Volume: 2,716,271
Technical Sentiment Signal: Sell
Current Market Cap: A$57.99M
Learn more about GBR stock on TipRanks’ Stock Analysis page.