Sector_Reports

Great Boulder Mt Carlon Project Discoveries

ASX:GBR   GREAT BOULDER RESOURCES LIMITED
Great Boulder stock was up by more than 30% as investors reacted to the discovery of two strong and large anomalies as part of its ongoing exploration works at Mt Carlon project. The Eastern Zone anomaly has already shown great prospects with elevated levels of nickel in ultramafic rocks. The western zone of the project, which comprises of 3.5 km long linear zone, has shown prospects of gold mineralization

According to the managing director Andrew Paterson, the anomalies are highly promising. Plans are underway to conduct further field reconnaissance. The company is also planning to conduct soil and rock chip sampling, which should pave the way for surface geophysical surveys.

The discovery in Mt Carlon project comes just days after the company confirmed plans to commence first round of drilling in priority targets at the Whiteheads gold project. The company is also preparing for the next round of drilling at the Tarmoola project.


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