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An announcement from Great Boulder Resources Ltd ( (AU:GBR) ) is now available.
Great Boulder Resources Ltd has announced a significant discovery of coarse visible gold during its first deep drilling program at the Mulga Bill site, part of the Side Well Gold Project. This discovery, found 200 meters deeper than previous drilling, confirms the large-scale potential of the Mulga Bill – Eaglehawk gold system, enhancing the project’s prospects and potentially impacting the company’s market positioning positively.
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 mining industry, focusing on gold exploration and development. Its primary project is the Side Well Gold Project near Meekatharra in Western Australia, which hosts a significant mineral resource estimate.
Average Trading Volume: 4,947,667
Technical Sentiment Signal: Hold
Current Market Cap: A$73.89M
For detailed information about GBR stock, go to TipRanks’ Stock Analysis page.