Great Boulder Resources Limited Unveils New High-Grade Gold Intersections at Eaglehawk & Ironbark, Bolstering Its 668Koz Side Well Resource and Future Growth

Monday, August 18, 2025
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8:27 am
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Great Boulder Resources Limited announced robust high-grade gold intersections at Eaglehawk and Ironbark. Exceptional drill results hint at expanding resource potential, with further drilling planned to define new mineralized zones and underpin future growth, offering promising insights for beginner traders exploring emerging gold opportunities.

Great Boulder Resources Limited has reported exceptional new drilling results from its flagship Side Well Gold Project near Meekatharra, Western Australia. In a series of recent RC drilling campaigns, the company has intersected multiple high-grade gold zones at the Eaglehawk prospect, with headline intersections including 8 meters at 29.18 g/t Au (with a 4‐meter section grading 54.80 g/t Au) and several additional zones such as 12 meters at 4.63 g/t Au and a 4‐meter intercept at 14.85 g/t Au. These intersections, obtained across 27 RC holes totaling 4,544 meters drilled at Eaglehawk, are located outside the previously defined dacite target lithology, indicating potential new and distinct mineralised structures. In parallel, infill drilling at the Ironbark prospect has delivered results that exceed current resource grades. Notable highlights include an intersection of 9 meters at 4.97 g/t Au (with 1 meter hitting 33.40 g/t Au) and 11 meters at 3.72 g/t Au (with an internal 7-meter interval at 5.33 g/t Au). These findings at Ironbark not only reinforce the strength of the existing resource model but also suggest the possibility of depth extensions beneath the current pit design. The update further reveals that assays for an additional 17 RC holes at Eaglehawk are expected soon and that drilling is ongoing at Side Well South. An additional AC rig is scheduled to join activities later this month, signaling an accelerated program that is planned to extend through the remainder of the year and into 2026. Great Boulder’s team is actively working to consolidate these new zones, with geological logging indicating the potential presence of two or three distinct west-dipping high-grade veins and a thicker subvertical zone. The technical details provided, with cut-off grades of 0.1 g/t Au for 4-meter composites and 0.5 g/t Au for 1-meter samples, highlight the robustness of the intersections reported. With the intersected zones showing promising continuity and high gold grades, the project’s potential to enhance and extend the current Mineral Resource Estimate of 668,000 ounces at 2.8 g/t Au remains a key focus for the company. Sentiment surrounding the news is mixed. On the bullish side, the discovery of multiple high-grade intersections, exceeding previous resource grades and pointing to new gold structures outside the primary dacite lithology, provides significant upside potential for resource growth and future mine planning. The accelerated drilling program and the introduction of an additional rig also underscore management’s commitment to unlocking further value. Conversely, the bearish perspective may point to the need for further drilling to confirm the orientation and continuity of these newly defined zones, along with challenges in translating encouraging assay results into a definitive increase in the resource base. Nonetheless, the high-grade intersections and ongoing work signal that Great Boulder Resources Limited is positioning itself strongly in a challenging exploration environment.

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