Great Boulder Resources ahead of schedule with Side Well Gold Project RC drilling

Great Boulder Resources Ltd (ASX:GBR) has reverse circulation (RC) drilling underway at the Side Well Gold Project near Meekatharra in Western Australia’s Mid-West, designed to follow up shallow, high-grade gold mineralisation. RC drilling at Mulga Bill prospect is progressing well, with around 1,400 metres of the 4,000-metre program completed and the company expects to finish the program by the end of this month. The Meekatharra area was unaffected by the recent passage of ex-Tropical Cyclone Seroja, which passed well to the south. “Progressing really well” Great Boulder’s managing director Andrew Paterson said: “The Side Well drilling is progressing really well, and to date, we’re ahead of schedule with that program. “Full credit to our field team for implementing back-to-back programs without a hitch.” Soil sampling program The company also plans to start a soil sampling program this week at the northern end of Side Well, including the Jones Well Prospect. This will be a campaign of about 1,000 samples covering the north-western portion of the tenement, where structural disruption of the banded iron formations (BIF) presents an attractive target for gold mineralisation. Paterson said: “We also have a soil sampling team starting in the Jones Well area. “This will be the first exploration over that target, which is an exciting development for the company.” Aircore program at Matilda A maiden aircore program is also planned to test the Matilda prospect at Side Well, where drilling by Doray Minerals in May 2011 intersected 3 metres at 35.48 g/t gold from 76 metres. There has been no drilling along strike of this result within a 400 metres radius, and the area is a high priority for initial exploration by Great Boulder. Awaiting assay results An RC program at Blue Poles prospect of the Whiteheads project is complete with samples submitted to a Perth assay laboratory for analysis. Assay turnaround times are approximately six weeks and preliminary results are expected in early May. Paterson said: “Great Boulder eagerly anticipates assay results from recent RC drilling at Blue Poles – a new discovery made by the GBR team at the Whiteheads Project in 2020 - which are due in a few weeks.” "Busy time for company" Aircore drilling is scheduled at Whiteheads in May with first-pass drilling designed to test the Gunners Prospect north of Blue Poles. Regional aircore drilling will also test part of the southern continuation of the Arsenal trend, which was highlighted by the gravity survey completed in January. Paterson added: “With two more drilling campaigns scheduled in May this is a very busy time for the company, and we are looking forward to a strong period of news flow as the results are received from each program.”