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AUSTRALIAN GOLD REVIEW




                            A gutsy   target






                                                                areas where we already had high-grade gold in RC drilling,” he
                                                                said. “We’re now turning that around in a north-south direction
                                                                to do this 3D survey along the strike of Mulga Bill, which will give
                                                                us a 3D model of where the sulphide is. We can then target that
                                                                with further RC drilling.
                                                                “The cross sections that we’ve put out [in March] indicate there’s
                                                                quite good depth potential, which we had privately anticipated
                                                                because  that  relates  back  to  our  interpretation  of  Mulga  Bill
                                                                being an intrusive-related system.”
                                                                Side Well sits adjacent to Meekatharra, sharing a neighbourhood
                                                                with current and past gold deposits such as Bluebird, Yalgoginda
                                                                (824,000oz), Paddy’s Flat (1.33 moz), Meeka North (41,000oz)
                                                                and Andy Well (505,000oz).
                                                                Side Well has seen minimal exploration, despite being owned
                                                                in conjunction with Andy Well and changing ownership several
                                                                times.
                                                                “Doray Minerals got involved [in 2009]…but didn’t do too much
                                                                work at Side Well,” Paterson said. “They did a little bit of RC
                                                                drilling at Mulga Bill which highlighted the potential to us but
                                                                they ended up dropping it. Nobody has given [Side Well] its full
                                                                attention for the last 30 years.”
                                                                Paterson’s personal history with Scott Wilson of Zebina Minerals
                                                                helped strike up a JV and the rest is history.
                        by Fraser Palamara
                                                              Great Boulder hopes to define a maiden resource for Mulga Bill later
                                                              this year


              etting  a  maiden  resource  out  of  the  Side  Well  gold   “We got on the ground and had a big look at it and realised it
          Gproject’s  Mulga  Bill  target  this  year  is  admittedly  a   was a big target, but we didn’t quite know where the primary
          “gutsy” ambition for Great Boulder Resources Ltd, but one   gold was so we did a lot of aircore drilling...basically building up
          managing director Andrew Paterson intends to achieve.  targets for RC drilling,” Paterson said.
          “I’ve been loosely aiming for a maiden resource by the end of   “That  worked  extremely  well  and  we  hit  a  really  high-grade
          this year,” Paterson told GMJ. “Whether we achieve that or not   intersection  on  our  second  RC  hole,  which  was  a  kind  of  a
          remains to be seen.                                   spectacular success but it took a long time to get to that point,
          “We think we’re dealing with a 1 moz potential. It’s easy to say   probably about six months of work.”
          that, but now we have to put the drill holes into it to actually   Now  that  Great  Boulder  has  confirmation  of  its  exploration
          define it, estimate it and put the science in.”       thesis,  Paterson  expects  to  drill  up  to  100,000m  this  year;
          A  diamond  rig  is  currently  turning  at  Mulga  Bill  for  roughly   roughly double what was drilled in 2021.
          3,000m of core in a programme that was due to finish at the   “That  should  give  us  a  pretty  good  framework  for  moving
          time of print. RC drilling will follow.               towards an inferred mineral resource or a maiden resource by
          Previous aircore and RC drilling at Mulga Bill paved the way   the time that’s done,” he said.
          to strong results in March, including 1m @ 97.97 g/t gold from   “We’ll knock off this next round of RC…then get those results
          117m, 3m @ 6.69 g/t from 45m, 12m @ 3.23 g/t from 93m and   back in May and be ready to crack on.
          25m @ 1.85 g/t from 84m.
                                                                “In parallel with that, we’ve started using a new assay lab this
          When  the  second  bout  of  RC  drilling  starts  at  Mulga  Bill,   year which is delivering assays in about a month. That’s a big
          Paterson  hopes  to  extend  Mulga  Bill’s  mineralisation  off  the   step  forward  whereas  up  until  recently,  we’ve  had  an  assay
          back of a 3D survey.                                  turnaround of about four months, which is kind of unsustainable.
          “We did four lines of TDIP to light up any sulphides in the ground.   “We’re getting data back in a much more timely fashion and that
          The purpose of that was to correlate the sulphide response to   enables us to continue planning and drilling.”


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