About Great Boulder Resources
GOLD AND BASE METALS EXPLORATION IN WESTERN AUSTRALIA’S YILGARN PROVINCE
Following the recent decision to demerge its Yamarna and Winchester Cu-Ni-Co assets, Great Boulder is firmly focused on exploration of the two quality gold projects at Side Well and Whiteheads, within the world-class Yilgarn Province of Western Australia. A string of high-grade gold intersections at the Mulga Bill prospect at Side Well has quickly positioned this area as the Company's main focus, concurrent with regional exploration campaigns at Side Well and Whiteheads designed to deliver a stream of gold prospects from discovery through resource evaluation and eventual development.
The Company is at the forefront of state-of-the-art geological and geophysical exploration techniques, applying these in the field to maximise capital efficiency and exploration success.
The Company has recently decided to demerge its base metal projects at Yamarna and Winchester into a dedicated subsidiary, Cosmo Metals Ltd, with the intention of listing Cosmo Metals on the ASX in early 2022. Great Boulder will remain a cornerstone shareholder of Cosmo with a holding of between 41% and 50% of the shares on issue, giving GBR shareholders exposure to ongoing exploration success. This is a win-win scenario which realises the significant value in these projects, allowing them to be explored under a stand-alone management team while Great Boulder concentrates on its key gold assets.
At Meekatharra, Side Well is an advanced, high grade gold project adjacent to the historic Paddy’s Flat field. At the Mulga Bill prospect drilling by Great Boulder has defined alteration and pathfinder mineralisation over 5km of strike, indicative of a large intrusive-related gold system. Only the central area of Mulga Bill has been tested by RC and diamond drilling, with gold intersections as high as 14m @ 36.12g/t Au in hole 21MBRC034 announced on 2/9/2021. Drilling is continuing at Mulga Bill on a campaign basis with the intention of accelerating exploration as we move into 2022.
Closer to Kalgoorlie, Whiteheads Find is an advanced gold project with multiple large-scale, coherent gold-in-soil anomalies that require drilling. The potential at Whitheads was confirmed in late 2019 with the discovery of previously unrecognised supergene gold mineralisation at Blue Poles, with thick zones of mineralisation defined over more than 450m of strike..
Yamarna – Mt Venn and Eastern Mafic Complex
The Yamarna project is located approximately 130 kilometres east of Laverton, and approximately 30 kilometres west of the Gruyere gold deposit in the Eastern Goldfields District of Western Australia.
Side Well Project
Side Well is a high-grade gold project in the heart of a multi million-ounce field.
Located adjacent to Meekatharra in Western Australia, drilling is continuing to achieve outstanding results with an aggressive exploration program continuing through FY2022.
The Winchester project is located 120km northeast of Laverton and 40km north of Mt Venn, situated over prospective mafic and ultramafic rocks of the Burtville Terrane.
The Whiteheads Project is located approximately 40km north of Kalgoorlie in Western Australia, and north of the Kanowna Belle Gold Mine. Exploration by Great Boulder led to the recent Blue Poles discovery on the 22km-long Arsenal Trend, much of which remains unexplored with excellent potential for further discoveries.
Wellington is located in the Earaheedy Basin in central WA, an area with the potential to become a world-class Zn-Pb province.