Great Boulder Resources is making a bold move to unlock the potential of its Side Well Gold Project, aiming to significantly expand its resource base. This ambitious plan involves drilling at the Mulga Bill deposit, a promising area within the larger project.
A Golden Opportunity: The Side Well project, located in the Meekatharra gold field, boasts an impressive resource of 1.02 million ounces, with a substantial 61% in the indicated category. But here's where it gets intriguing: Great Boulder believes that a staggering 90% of this resource is suitable for open-pit mining, a highly efficient extraction method.
The Mulga Bill deposit shines as a key player, containing a substantial 642,000 ounces of gold, including a high-grade component of 441,000 ounces at 5.3g/t. This deposit has already delivered exciting results, with visible gold discovered in a quartz vein in December 2025, as reported by Mining.com.au.
Drilling for Success: Great Boulder's Managing Director, Andrew Paterson, is confident in their strategy. He asserts that the evidence for a substantial resource increase is overwhelming, especially considering the vast areas of mineralization yet to be explored. By expanding the resource, the company aims to enhance shareholder value and unlock various development opportunities.
With gold prices soaring and three mills in the vicinity, Side Well is strategically positioned in one of Australia's most promising gold regions. Great Boulder's focus on this project underscores its commitment to maximizing the potential of its Western Australian assets.
The Exploration Journey: Great Boulder Resources is dedicated to mineral exploration, primarily targeting gold and base metals in Western Australia. Their flagship Side Well project, adjacent to Westgold Resources' operation, is a testament to their exploration prowess.
As the company embarks on this drilling campaign, the question arises: Will Great Boulder's efforts pay off, leading to a substantial resource increase and new development possibilities? Share your thoughts on this exciting venture in the comments below!
