Great Boulder Resources Expands Meekathara footprint
- Great Boulder Resources (GBR) acquires a 61-square-kilometre tenement, expanding its footprint in Meekatharra, Western Australia
- The company paid Empire Resources (ERL) $10,000 for a 100 per cent interest in the exploration licence, 10 kilometres east of GBR’s joint venture Side Well gold project
- GBR has determined a thin blanket of alluvial cover obscures the underlying geology at the tenement and notes only minor previous exploration has been undertaken
- Moving forward, GBR’s exploration team plans to pull together historical exploration data to plan field reconnaissance and regolith mapping ahead of geochemical exploration
- Company shares are down 2.15 per cent trading at 9.1 cents at market close
