Great Boulder Resources (ASX:GBR) Has achieved its highest-ever intersection – with gold assays exceeding 79 grams per tonne – at its Eaglehawk prospect in Western Australia, as part of a reverse circulation drilling campaign.
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A measurement of three meters containing 46.70 grams per tonne of gold starting from 139 meters deep showed up during the project, with an even richer segment of one meter holding 79.50 grams per tonne found between 140 meters down. This result surpassed the earlier best find of 29 meters grading 4.79 grams per tonne of gold beginning at 76 meters within another drill hole at Eaglehawk.
Reverse circulation drilling conducted on these targets, as well as Mulga Bill, yielded numerous significant outcomes. These include two meters with an assay of 11.15 grams per tonne gold starting at 166 meters depth; nine meters grading 1.99 grams per tonne gold beginning at 223 meters, which includes two meters averaging 7.42 grams per tonne gold from 224 meters down within the Mulga Bill zone; additionally, there were two meters assaying 5.40 grams per tonne gold found at 137 meters depth at the Eaglehawk site.
Great Boulder is currently exploring the Eaglehawk site through ongoing aircore drilling activities. Additionally, the firm is anticipating assay outcomes for the last four reverse circulation boreholes finished at the Side Well project.
The managing director, Andrew Paterson, stated that the outcome was remarkable for Eaglehawk, asserting: "This achievement reflects the success of our enhanced exploration strategies aimed at these exceptionally high-grade veins located both along and inside the dacite contact, making it the most significant drill intersection we have encountered so far."
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He went on: "These findings represent a newly identified zone of high-grade quartz-sulfide vein mineralization within the Eaglehawk region, which remains relatively unexplored. This location stands out as a prime candidate for further investigation during our upcoming reverse circulation drilling campaign."
The Side Well project is situated near Meekatharra in Western Australia.
Great Boulder The shares have been trading at 7.3 cents.
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