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Great Boulder Resources Ltd ( (AU:GBR) ) has shared an update.
Great Boulder Resources Ltd has reported successful metallurgical test results from its flagship Side Well Gold Project, indicating excellent gold recoveries of up to 98.7% with low cyanide-soluble copper. These results, achieved through gravity recovery and cyanide leach testing, confirm that the Mulga Bill deposit is suitable for conventional processing methods, thus removing a significant barrier to its development as a viable mining operation. This positive outcome is crucial for the company’s operational strategy and holds potential implications for shareholders and stakeholders involved in the regional gold industry.
More about Great Boulder Resources Ltd
Great Boulder Resources Ltd is a company in the mining industry, focusing on gold exploration and development. Its primary project, the Side Well Gold Project, is located near Meekatharra in Western Australia and has a significant Mineral Resource Estimate.
YTD Price Performance: 9.30%
Average Trading Volume: 1,192,722
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$35.68M
Learn more about GBR stock on TipRanks’ Stock Analysis page.
