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Great Boulder Resources Ltd ( (AU:GBR) ) has issued an announcement.
Great Boulder Resources Ltd has announced significant assay results from its recent drilling programs at the Side Well Gold Project, particularly at the Eaglehawk, Mulga Bill East, and Golden Bracelet sites. High-grade gold intersections were reported, including a notable 1 meter at 481.00g/t Au at Eaglehawk. The company is progressing with resource estimation for five deposits and anticipates an updated Mineral Resource Estimate by the end of 2025. This development is expected to enhance the company’s growth prospects and strengthen its position in the gold mining sector.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
More about Great Boulder Resources Ltd
Great Boulder Resources Ltd is a company operating in the gold mining industry, focusing on exploration and development projects. Its primary project is the Side Well Gold Project located near Meekatharra in Western Australia, which hosts a Mineral Resource Estimate of 668,000 ounces of gold. The company is strategically positioned in the Murchison region, surrounded by mining infrastructure.
Average Trading Volume: 5,206,332
Technical Sentiment Signal: Hold
Current Market Cap: A$74.93M
For an in-depth examination of GBR stock, go to TipRanks’ Overview page.