GREAT BOULDER RESOURCES : DRILLING EXTENDS MULGA BILL TO 5.1KM AND IDENTIFIES NEW GOLD PROSPECT

Published: 2021-09-28 08:39:50 ET GBR.AX

Great Boulder Resources ('Great Boulder' or the 'Company') (ASX: GBR) is pleased to announce further exploration results from RC and AC drilling within the Side Well Gold Project ('Side Well') in Western Australia.

Reported RC holes are part of the third phase of RC drilling at Mulga Bill and was completed between late June and early July and AC drilling in mid-July.

AC drilling has discovered a new gold prospect approximately 1.5km east of Mulga Bill, with gold intersected on three 100m-spaced drill lines including 8m @ 2.39g/t Au from 40m in 21SWAC101. This discovery is hosted within ultramafic lithology and the mineralisation remains open in all directions

Great Boulder's Managing Director, Andrew Paterson commented: 'Infill RC drilling continues to define the high-grade zones in the central area of Mulga Bill. We have now completed a fourth round of RC drilling which is continuing to build our confidence in the highgrade gold structures. We are also very excited the regional AC drilling has significantly extended Mulga Bill to the south, meaning it is now over 5km long and still open in both directions. This is a big, intrusive-related gold system with potential for significant scale and high-grade gold. The discovery of a completely new prospect to the east is also hugely exciting, and we will be looking to extend that discovery further in the next round of drilling.'

Contact:

Lucas Robinson

Tel: +61 408 228 889

Email: [email protected]

Web: www.greatboulder.com.au