Mineral exploration company Great Boulder say signs are good for Meekatharra-based Side Well gold project

Mineral exploration company Great Boulder Resources has announced there are promising signs from a maiden estimate at its Side Well Gold Project, 10km from Meekatharra. The company said it has identified 518,000oz of gold at the site from two deposits, Mulga Bill and Ironbark, after two years of exploration, an amount it said was significant and proved the project had high potential. The area of 26km had historically received little attention due misconceptions relating to the form and location of gold in the region around Meekatharra, the company said. Managing director Andrew Paterson said it was a big first step for a project he believed had big possibilities.. “It’s a fantastic effort to get to 518,000oz of gold after two years of drilling with such a small team,” he said. “It’s a significant milestone on our way to the million ounces of gold that we believe the project has the potential to contain.” Great Boulder said it planned to recommence drilling and research at Side Well in early February.