Australia's Great Boulder Resources climbs on confirming gold potential in WA
28/09/2022 03:16
** Shares of Great Boulder Resources GBR.AX jump as much
as 7.6% to A$0.099, set for their best day since Sept 15, if
gains hold
** The gold explorer confirms exploration potential of an
untested area to the south of its Ironbark gold discovery in
Western Australia urn:newsml:reuters.com:*:nASX8TT149
** Stock hits highest since Sept 23
** GBR says it received assays from an auger sampling
programme at Side Well gold project in WA that highlighted
several gold anomalies along a 7-kilometre strike
** Says co is currently negotiating a new heritage and
access deal with the Yugunga-Nya Prescribed Body Corporate
** Says if and when a deal is signed, co would undertake a
clearance survey over the newly-identified target areas south of
Ironbark so it can begin aircore drill testing
** GBR down 33.1% YTD, as of last close
(Reporting by Riya Sharma in Bengaluru)
((Riya.Sharma@thomsonreuters.com;))