STB 0.00% 40.0¢ south boulder mines ltd

gold results expected mid to late feb

  1. 197 Posts.
    company announcement 7 Feb could be a cracker of gold results!

    Duketon Gold Project
    Thompson’s Bore South
    2,500m Phase One Aircore Drilling Programme
    Commences at Thompson’s Bore South
    South Boulder Mines Ltd (South Boulder) (ASX:STB)
    is pleased to announce that first phase aircore drilling
    has commenced at Thompson’s Bore South. The
    Thompson’s Bore South Prospect forms part of its
    100% owned Duketon Project north of Laverton in WA.
    The aircore programme is designed to test for gold mineralisation approximately 1km south of Thompson’s Bore where numerous ore grade gold intercepts have been
    returned from recent drilling. The program is designed to test various geological targets similar to those seen at Thompson’s Bore.

    It is envisaged that approximately 30 holes will be drilled for 2,500m.

    After the rig finishes at Thompson’s Bore South it will then move to Thompson’s Bore where a number of infill holes will be drilled to further define the gold mineralisation.

    Results are expected in mid to late February.
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