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Great Boulder Resources Ltd ( (AU:GBR) ) has issued an announcement.
Great Boulder Resources has announced significant findings from its first phase of regional drilling at the Side Well Gold Project, revealing multiple new gold targets. The drilling, which included 119 aircore holes over 8,900 meters, identified high-grade gold intersections and extended the Eaglehawk deposit by 500 meters. These results highlight the potential for substantial mineralization in previously unexplored areas, enhancing the project’s prospects and potentially impacting the company’s market position positively.
More about Great Boulder Resources Ltd
Great Boulder Resources Ltd is a company operating in the mining industry, focusing on gold exploration and development. Their primary project is the Side Well Gold Project near Meekatharra in Western Australia, which has a mineral resource estimate of 668,000 ounces of gold at a grade of 2.8 grams per tonne.
Average Trading Volume: 5,240,175
Technical Sentiment Signal: Hold
Current Market Cap: A$73.89M
See more data about GBR stock on TipRanks’ Stock Analysis page.