South Boulder Mines
South Boulder’s key projects are located within the state of Western Australia as well as in Eritrea focusing on multiple gold, nickel and fertiliser prospects. The company has an interest in the Colluli Potash Project located in the Danakil Depression region of Eritrea (Africa) approximately 200kms south east of the Capital Asmara. South Boulder also has a 100% interest in the Duketon Project in Western Australia. The Duketon Belt is located 120 kilometers north of Laverton in Western Australia and is considered prospective for gold, nickel sulphide and base metal mineralization.
South Boulder Mines in trading halt, pending release of "material" drilling results
South Boulder Mines (ASX: STB) has lifted expectations a notch with a request for an immediated trading halt, pending an announcement relating to drilling results - that are considered material to the company.
The trading halt is requested on the earlier of commencement on Monday or when the anticipated announcement is released to the market.
Drilling at the company's newly discovered Terminator Gold Prospect recently commenced, with the first assays now due early November to follow up on a previous intercept from hole TBAC111 of 37m @ 2.18g/t Au from 1m.
The Prospect is located approximately 1.4km south of the Bulge C2 Nickel Prospect.
In addition, the Duketon Nickel JV provide excellent encouragement with the discovery of the Rosie PGE/Nickel Sulphide Prospect. Best results included 1.40% Ni, 0.99% Cu, 3.09g/t Pt, 5.14g/t Pd, 3.51g/t Au. RC and diamond drilling to commence in early November at both Bulge C2 and Rosie Prospects.
Other South Boulder Mines articles
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04/12/09 South Boulder Mines Rosie may be a blooming new nickel project
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03/12/09 Shares up 10% as South Boulder Mines announces nickel sulphide discovered at the Rosie Prospect
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05/11/09 Extensive gold mineralisation discovered by South Boulder Mines at Terminator
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05/10/09 Sampling confirms Pt-Pd-Ni-Cu mineralization at South Boulder’s Rosie nickel sulphide prospect
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14/09/09 South Boulder Mines gets more good news from Terminator Gold prospect
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08/09/09 South Boulder Mines in gold discovery at Duketon
Other South Boulder Mines news
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08/03/10 South Boulder Mines share price lifts on results from Rosie
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05/03/10 South Boulder Mines commences drilling at Terminator Gold Prospect
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08/02/10 South Boulder Mines intersects massive sulphides at Rosie Project
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05/02/10 South Boulder Mines requests trading halt
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29/01/10 South Boulder Mines' Terminator gold prospect open in all directions
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20/01/10 South Boulder Mines announces extensive high-grade shallow gold mineralisation at Terminator
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14/01/10 South Boulder Mines announces sampling results from Duketon Project
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21/12/09 South Boulder Mines announces massive nickel-copper-PGE sulphides intersected at Rosie Prospect
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27/11/09 South Boulder Mines to raise $1.11 million to progress West Australian gold prospects
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16/11/09 South Boulder Mines and Independence Group announce further drilling at Duketon Nickel JV Project
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