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

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)


About this contributor

Wentworth Securities

Wentworth Securities

, Wentworth Securities

Wentworth was formed in early 2012 with the goal of providing clients with a client-focused, holistic and transparent approach to investing. We focus on macroeconomic drivers as the primary source of performance. We deliver tailored, actively...

Expertise

No areas of expertise

ASX:GBR great boulder

Comments

Please sign in to comment on this wire.