Here’s Why Great Boulder Resources (ASX:GBR) Ended Session 20% Up  

Be the First to Comment Read

Here’s Why Great Boulder Resources (ASX:GBR) Ended Session 20% Up  

Great Boulder Resources Limited (ASX:GBR) announced on Monday it has come across gold mineralisation about 700 metres at the Blue Poles prospect, a significant part of the Whiteheads Project towards the north of Kalgoorlie.

It should be noted that the GBR stock ended the session 20% higher at $0.054 per share with market capitalisation at $8.46 million.

Here are some of the key pointers of the declaration:

  • Fifteen RC holes were drilled for a total of 1,448m in November 2020 to test primary gold mineralisation. Later, two more holes were added to the programme to look for a lead-zinc possibility.
  • The intersection identified primary mineralisation over a 700m strike length.
  • The programme featured 17 RC holes for a total of 1,706m.
  • Meanwhile, at Whiteheads, the ‘necessary’ ground gravity survey is anticipated to kick off this month.
  • The survey shall assist Great Boulder to identify Carr Boyd-style ultramafic targets at depth.


Speak your Mind

kalkine logo


Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK