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Great Boulder Resources Ltd.
Summary
| Project: | Whiteheads | |
|---|---|---|
| Deposit: | Whiteheads | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/29/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 29-4-2020: Great Boulder Resources Ltd. announces an Exploration/Drilling Update report for its Whiteheads deposit at the Whiteheads project. Drilling results incl. 12m @ 0.35% Ni from 64m. During the quarter the Company completed RC drilling programs at | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Paterson (Internal) | |
| ABSTRACT: | During the quarter the Company completed RC drilling programs at the Whiteheads and Mt Carlon projects, an RC-Diamond drilling program at Winchester and ongoing auger sampling programs at the Whiteheads project. The Company also signed an option and joint venture agreement for the Mt Jewell nickel project adjacent to Whiteheads. In March the Company announced its withdrawal from the Tarmoola project in order to prioritise exploration on other areas. Two RC holes were drilled at the Drumstick prospect, which is located on the western side of the Whiteheads tenements within the Mithril Resources Lignum Dam earn-in area1 . The drilling was designed to test beneath nickel anomalism in historic drilling, including 4m @ 1.23% Ni from 44m in hole HMAC021. The best result from the two holes was 12m @ 0.35% Ni from 64m in hole 20LDRC001A, representing supergene enrichment at the base of weathering. A minor cumulate unit was intersected in hole 20LDRC002 with blebby to matrix pyrrhotite from 88 to 92m. In early February the Company announced results from new auger work on the Arsenal Trend, focusing on a gap in historic auger coverage on the eastern side of the project area. The new results have defined a 3.8km-long gold-in-soil anomaly at greater than 10ppb Au, within which two highergrade zones are defined at 25 to 50ppb Au. | |
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