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Great Boulder Resources Limited

ASX Code

GBR

Sector

Materials

Investor Centre

https://www.greatboulder.com.au/announcements

Website

https://www.greatboulder.com.au/

About

Great Boulder Resources’ Mt Venn Project contains the Mt Venn Ni-Cu-Co discovery and the highly prospective Eastern Mafic Complex. The Mt Venn and Eastern Mafic Complex are interpreted to represent large scale copper-nickel-cobalt magmatic systems with the following key points:

• Sulphide mineralisation discovered over several kilometres at along the western margin of the Mt Venn complex and remains open in all directions.
• Multiple, parallel lenses of copper-nickel-cobalt mineralisation have been identified. High grade copper has been intersected along the footwall contact at Mt Venn.
• The recently identified Eastern Mafic complex resembles a very large ‘pipe-like’ intrusion.
• Airborne EM flown over the Eastern Mafic Complex have identified multiple late-time conductors, indicative of a bedrock source.
• Aircore geochemistry confirms a strong correlation between the EM conductors and copper-nickel mineralisation.

Under the Yamarna Joint Venture Agreement, the Company has the right to earn a 75% interest in the Yamarna Project by funding exploration expenditure of $2,000,000 over a 5 year period.

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