Great Boulder (GBR.ASX +170%) - might just be dispelling the myth of Mt Venn

Thomas Schoenmaker

Wentworth Securities

Great Boulder (GBR) has been very lucky in securing one drill hole, and land from Gold Road (GOR), who were drilling for water on their boundary near Mt Venn. This set up GBR to combine a massive EM anomaly on their land, with hits of copper-nickel-cobalt, from the borehole. Today, following the first scout drilling assays, they released what they believe is a major new Cu-Ni-Co discovery, as the scout drilling along the strike length (7.5kms) is showing wide mineralisation (high intercepts 4.3% Cu & 0.10% Co) and is open in all directions. Importantly, they are seeing sulphides (not oxides) from near surface, which would potentially be great for metallurgy. We take a look at the colourful background of Mt Venn and some thoughts on today's announcement - (VIEW LINK)


1 topic

1 stock mentioned

Thomas Schoenmaker
Director and Head of Wealth Management
Wentworth Securities

Tom is a Founder and Head of Wealth Management. For the past 10 years, he has been running the Wentworth Model Portfolios, focusing on macroeconomics and tactical equity positioning. These portfolios were initially created as a solution for "core...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment