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Great Boulder Resources Ltd ( (AU:GBR) ) has provided an announcement.
Great Boulder Resources reported significant high-grade gold findings from its extensional drilling north of the Mulga Bill resource, with notable intersections of gold mineralization. These findings will contribute to an updated resource estimate, potentially extending the deposit by 300 meters, and indicate promising exploration prospects for the Mulga Bill North area. This development is part of the company’s broader efforts to advance its flagship Side Well Gold Project towards the development phase, reflecting strong potential growth and impact in the gold mining industry.
More about Great Boulder Resources Ltd
Great Boulder Resources Ltd is a mining company focusing on gold exploration, primarily operating the Side Well Gold Project near Meekatharra in Western Australia, which has a significant mineral resource estimate.
YTD Price Performance: 17.50%
Average Trading Volume: 1,185,224
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$35.68M
For a thorough assessment of GBR stock, go to TipRanks’ Stock Analysis page.
