Great Boulder Resources Ltd ( (AU:GBR) ) has issued an update.
Great Boulder Resources Ltd has announced the discovery of new shallow gold zones at the Side Well South Prospect, part of their Side Well Gold Project. The initial air-core drilling results show significant gold mineralization, potentially extending high-grade lodes from the historic Golden Bracelet mine. This discovery could quickly add to the company’s resource base, enhancing its development options. Further assays are pending, and additional drilling is planned to explore these promising zones.
More about Great Boulder Resources Ltd
Great Boulder Resources Ltd is a mining company focused on gold exploration and development. The company operates primarily in Western Australia, with its flagship project being the Side Well Gold Project near Meekatharra, which hosts a significant Mineral Resource Estimate.
YTD Price Performance: 72.09%
Average Trading Volume: 1,392,643
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$56.17M
See more data about GBR stock on TipRanks’ Stock Analysis page.