Great Boulder puts Peak Hill on path to production after record gold hits - Mining.com.au

AI desk brief

Great Boulder Resources reported Peak Hill gold drilling intersections of 8m at 40g/t at Golden Treasure and 11m at 6.36g/t from surface at Durack. The company targets an updated resource estimate by end-2026; connecting Golden Treasure and Jubilee could support a larger open pit. It estimates its binding ore purchase agreement with Westgold could save three to five years of development and $100 million in capital, with mining targeted for late 2027 and ore deliveries from early 2028. These remain company development expectations; the supplied figures do not establish a material near-term bullion supply effect.