Great Boulder announces Ironbark progress
Great Boulder Resources (ASX: GBR) has commenced a scoping study for its Ironbark gold deposit near Meekatharra in WA. Within the company’s flagship Side Well gold project, Ironbark hosts a mineral resource estimate (MRE) of 100,000oz at 3.3g/t gold. Assuming a toll treatment model at a neighbouring gold processing plant, the scoping study will explore economics of open pit mining. Engineering consultancy Entech estimates completion of the study within six to eight weeks. Negotiations for the Ironbark mining lease application are ongoing. A detailed flora and fauna survey is also being prepared. Great Boulder managing director Andrew Patterson says this is a pivotal moment for Great Boulder. “The commencement of a scoping study at Ironbark represents the start of the…
