Great Boulder Resources Boosts Side Well Gold Project with Strategic Appointment

April 28, 2025 10:39 AM AEST | By Team Kalkine Media

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Great Boulder Resources Boosts Side Well Gold Project with Strategic Appointment — Image source: shutterstock

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Highlights

Great Boulder Resources appoints experienced environmental manager for Side Well Gold Project.

Focus on mining approvals at Ironbark and exploration studies at nearby prospects.

Scoping study and drilling programs actively progressing across key project areas.

Great Boulder Resources (ASX:GBR) has announced a significant move to accelerate the development of its Side Well Gold Project in Western Australia by appointing seasoned environmental specialist Matt Holmes. With over 25 years of experience in Western Australia’s mining approvals and environmental management, Holmes is set to spearhead the permitting and approvals process, strengthening the company’s efforts toward future mining operations.

Holmes, who operates his own environmental consultancy, brings extensive life-of-mine expertise, supporting projects from initial permitting stages through to mine closure. His immediate priority at Great Boulder Resources will be coordinating a range of essential studies required to secure mining approvals for the Ironbark deposit, one of the pivotal assets within the Side Well Gold Project.

In addition to the Ironbark focus, Holmes will also evaluate new opportunities for studies at other promising prospects, including Mulga Bill, Saltbush, and Eaglehawk. This broader approach aims to unlock further value across the company's growing resource base, which currently hosts an impressive 668,000 ounces of gold at an average grade of 2.8g/t.

According to Managing Director Andrew Paterson, Holmes' appointment marks a vital step forward for Side Well’s progression. Holmes previously managed similar approval processes for other major players in the sector, including Pilbara Minerals (ASX:PLS) and Astral Resources (ASX:AAR), demonstrating a strong track record of efficiency and success in navigating regulatory frameworks.

On the ground, Great Boulder Resources has recently completed four reverse circulation (RC) holes at Ironbark to explore the potential for gold mineralisation continuing southward. Assay results from these drillings are anticipated within the next three weeks, potentially offering further momentum to the project's development.

Moreover, a Scoping Study is now underway for the Ironbark deposit, evaluating the potential economics of an open-pit operation utilising toll treatment options at existing gold processing facilities located within 50 kilometres.

Meanwhile, exploration continues with aircore drilling at Eaglehawk, targeting the extension of the dacite host unit – a key structure associated with high-grade gold mineralisation identified at both Mulga Bill and Eaglehawk. Initial results from this program are expected soon.

Adding to the progress, negotiations are advancing toward a mining agreement with the Yugunga Nya Traditional Owner group, a crucial step in securing future operations at Ironbark.

With a market capitalisation of approximately $59 million, Great Boulder Resources continues to strengthen its position as a promising mineral explorer focused on unlocking significant gold and base metal potential across Western Australia.

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