Great Boulder Resources Ltd (ASX:GBR) managing director Stefan Murphy updates Proactive Investors on drilling at the company's flagship Mt Venn project, and electromagnetic survey work and maiden drilling at the earlier-stage Eastern Mafic complex.
Together the assets make up the Yamarna copper-nickel-cobalt project in Western Australia, which Great Boulder has the right to earn a 75% interest in by funding exploration expenditure with $2 million over a five year period.
In parallel, Great Boulder has been successfully conducting metallurgical tests to produce nickel and cobalt sulphate products as well as clean copper concentrates.
