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Great Boulder Resources Ltd.
Summary
| Project: | Winchester | |
|---|---|---|
| Deposit: | Winchester | |
| Location: | Australia | |
| Commodities: | Copper-Nickel-Cobalt-Nickel-Silver | |
| Date: | 5/29/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Definition | |
| Report details: | 29-5-2020: Great Boulder Resources Ltd. announces an Exploration/Drilling Update report for its Winchester deposit at the Winchester project. Drilling results incl. 4.44m @ 0.8% Cu, 0.08% Ni, 0.009% Co, 4.7g/t Ag from 201.86m. Great Boulder Resources [ASX | |
| Resources: | x | |
| CP/QP: | [Reserve] n/a (n/a) | |
| ABSTRACT: | Great Boulder Resources [ASX: GBR] is pleased to report on the results of recent drilling at its Winchester copper-nickel sulphide project in Western Australia. Four holes were drilled at Winchester in late March as part of an EIS co-funded drilling program. Two deeper diamond holes were drilled to test down-plunge positions of the main sulphide mineralization, while two RC holes were drilled to test positions to the north and northwest of Winchester. Diamond hole 20WNRCD002 intersected 4.4m @ 0.8% Cu, 4.7g/t Ag, 0.08% Ni and 0.01% Co from 201.86m within the main sulphide shoot, including 1.14m @ 1.3% Cu and 6.7g/t Ag in a higher grade zone. This mineralisation sits approximately 250m down-plunge from the interpreted top of the shoot, or 80m down-plunge from the nearest drill hole. Mineralisation remains open to the west and at depth. Hole 20WNRCD001 was designed to test the structure approximately 100m east and down-plunge of 20WNRCD002. This hole did not intersect any significant Cu-Ni mineralisation. It was extended through a black shale marker horizon to allow a down-hole EM survey to be conducted at a later date, to test for further sulphide conductors at depth. | |
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