Great Boulder Resources has just unveiled a whopping 4,434g/t gold assay at its Side Well Gold Project in Western Australia. The company already has a 1 million ounce resource and has outlined a plan to increase this to 1.5 million ounces, located right on the edge of three processing plants.

Andrew Paterson is the Managing Director of Great Boulder Resources. He is a geologist with more than 25 years of experience in the mining industry, spanning exploration, resource development and project generation across Australia and internationally. Prior to joining Great Boulder, he held senior roles with several exploration and mining companies where he was responsible for discovery and advancement of gold projects in Western Australia. At Great Boulder, he is leading the company’s exploration and development strategy at the Side Well Gold Project near Meekatharra.

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1. Exceptional High-Grade Assay Highlights Depth Potential Great Boulder recently reported an extraordinary 4,434g/t gold intercept at the Side Well Gold Project, one of the highest-grade hits recorded in the industry this year. While extremely high-grade zones are typically small, they demonstrate the presence of rich gold-bearing structures at depth and reinforce the potential for continued discovery beneath the existing resource. These “bonanza” zones occur in structural dilation points where coarse gold accumulates.

2. A 2.5km Resource Corridor With Potential to Become a Regional Super Pit The current resource extends across approximately 2.5 kilometres of strike between the Mulga Bill and Eaglehawk deposits. With only a narrow gap of limited drilling between the two areas, upcoming drilling programs aim to confirm continuity that could effectively link the deposits into a single large open pit system. At current gold prices, conceptual pit optimisations already suggest a large combined mining footprint.

3. Targeting Growth From 1Moz to 1.5Moz Resource Great Boulder currently hosts a 1 million ounce resource at Side Well, with roughly 62% in the indicated category. The company’s next strategic objective is to increase the total resource to around 1.5 million ounces, which could translate to roughly 1 million ounces of mineable inventory after studies and conversions. Achieving that scale would significantly enhance development and partnership options.

4. Strategic Location Near Multiple Processing Mills A major advantage for the project is its proximity to several operating or proposed processing facilities in the Meekatharra region. Within trucking distance are three potential mills, including Westgold’s Bluebird facility only about 25km away. This infrastructure access creates multiple potential development pathways, including toll treatment or acquisition interest from nearby operators seeking additional feedstock.

5. Accelerated Drilling and Development Pathway Underway Great Boulder is ramping up exploration with multiple drilling rigs targeting both resource expansion and new discoveries around the existing corridor. The company is simultaneously advancing mining leases, approvals and development studies to shorten the timeline from exploration success to production readiness. As resource growth and permitting progress in parallel, the project could become increasingly attractive to strategic partners or regional consolidators.

Minerals 260 (ASX: MI6) has had a stunning ten months since acquiring the Bullabulling Gold Project in Western Australia. The stock has soared on the back of its exploration success and its recent funding deal.

Luke McFadyen is Managing Director of Minerals 260. He is a mining industry executive with more than 15 years’ experience across several commodities including copper, nickel, gold, graphite, aluminium and iron ore, and has worked in multiple jurisdictions including Australia, Singapore, Brazil and Mozambique. He is a Fellow of the Australasian Institute of Mining and Metallurgy (AusIMM) and holds a Master of Science (Mineral and Energy Economics) and MBA from Curtin University, as well as a Bachelor of Commerce (Economics) and Bachelor of Science from the University of Notre Dame Australia. Mr McFadyen has previously worked at OZ Minerals, Syrah Resources, South32, BHP, KPMG and Deloitte.

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The Hole Truth: Mining Investment Podcast is a product of Read Corporate.

Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions.

Rapid Resource Growth at Bullabulling Minerals 260 has rapidly expanded the Bullabulling Gold Project to a resource of approximately 4.5 million ounces, including around 3 million ounces in the indicated category. Located just 45 minutes from Kalgoorlie in Western Australia, the project has quickly emerged as one of the more significant undeveloped gold assets on the ASX.

A Transformational Acquisition The company acquired Bullabulling for around $166 million, and in less than a year the market has re-rated the company dramatically as exploration success and development progress have strengthened the investment case. This rapid value creation reflects both the scale of the asset and strong investor demand for large gold development projects.

Franco-Nevada Deal Provides Validation and Funding Minerals 260 secured a $120 million royalty funding package with Franco-Nevada, one of the world’s largest precious metals royalty companies. The deal followed extensive technical due diligence and provides development capital while reducing near-term dilution, representing a major validation event for the project.

Large-Scale Open Pit Development Potential Current planning outlines a potential 4–5km long open pit, approximately 600 metres wide and 300 metres deep, positioning Bullabulling as one of Australia’s largest future gold pits. Ongoing drilling is focused on improving project economics by targeting shallower and higher-grade mineralisation.

Fast-Tracked Path to Development Minerals 260 is progressing rapidly toward development, with reserve work, resource updates and feasibility studies advancing through 2026. Early site infrastructure work — including accommodation and water infrastructure — is already underway ahead of a final investment decision, reflecting strong confidence in the project’s economics and the supportive gold macro environment.

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PolarX has unveiled a gold discovery at its Humboldt Range project in Nevada. The question is how big it is defined. The company is now planning more drilling to see how far it extends, raising the possibility that the company could sell the project entirely to one of its big neighbours nearby.

Guest: Mark Bojanjac Company: PolarX

Mark Bojanjac is Managing Director of PolarX Limited. He is a geologist with more than 30 years’ experience in the exploration and mining industry. Mr Bojanjac has held senior executive and board positions with several ASX-listed resource companies and has been directly involved in exploration, project acquisition, development strategy and capital markets transactions across multiple jurisdictions. His experience spans gold, copper and base metals projects, with a focus on advancing assets from discovery through to development and potential monetisation.

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The Hole Truth: Mining Investment Podcast is a product of Read Corporate.

Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions.

Links

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PolarX’s Humboldt Range project in Nevada has delivered gold in every hole drilled across an initial 800-metre section of a 3.8-kilometre-long IP and soil anomaly. Importantly, the area drilled was not selectively targeted but accessed via existing tracks, suggesting significant blue-sky potential across the broader 4km strike extent. The scale of the anomaly positions the project as a potentially material new gold system in a proven mining district.

The project is surrounded by long-life, multi-million-ounce gold operations, including Florida Canyon and the Rochester expansion. With comparable host geology and open-pit cut-off grades around 0.13 g/t Au in the district, even moderate grades at Humboldt could be economically meaningful. Proximity to infrastructure and processing capacity enhances optionality, including potential corporate interest.

Management notes geological similarities to nearby operations in the Rochester-style host rocks, with head grades in the district averaging approximately 0.45 g/t Au. PolarX believes its discovery could deliver higher grades, though drilling remains at an early stage. The geological setting supports the thesis that Humboldt Range may represent a scalable, heap-leach style gold system.

Northern Star Resources holds approximately 14% of PolarX and is earning into the Alaska Range Project under a five-year farm-in agreement. Year one drilling has been completed, with US$2 million remaining in the joint venture budget and US$6 million scheduled to be contributed at the end of March. Technical collaboration, including comprehensive historical core logging, reflects a systematic approach to unlocking value at Caribou Dome and across the broader Alaska Range tenure.

PolarX is planning at least 10,000 metres of drilling in Nevada and a further 10,000 metres in Alaska during the upcoming field season. With approximately US$8 million (~A$12 million) available across programmes, the company is well-funded to accelerate discovery definition and resource potential. The scale of planned activity signals a transformational period over the next 12 months

In this episode of The Hole Truth, Bellavista Resources Managing Director Glenn Jardine outlines the investment case for the Pickle Crow Gold Project in Ontario, Canada.

With 2.8 million ounces in current resources and 1.5 million ounces historically produced, Pickle Crow is already a large-scale gold system. Glenn discusses why the next phase of value creation lies in near-mine resource extensions, underexplored regional targets, and the application of modern exploration techniques across a historically rich gold belt.

The conversation also covers Bellavista’s A$35 million funding position, strong institutional backing, and how the company is positioning itself for resource growth and value accretion in one of Canada’s most prolific gold districts.

Glenn Jardine is a mining executive with experience across gold exploration, project acquisition, and capital markets. He is the Managing Director of Bellavista Resources, where he is leading the acquisition and advancement of the Pickle Crow Gold Project in Ontario, Canada, with a focus on resource growth, near-mine extensions, and regional exploration upside.

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The Hole Truth: Mining Investment Podcast is a product of Read Corporate.

Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions.

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Company Website: https://bellavistaresources.com.au/

Established Gold Asset with Significant Scale

The Pickle Crow Gold Project already hosts a 2.8Moz gold resource, with a further 1.5Moz historically produced between 1935 and 1966 at grades of approximately 0.5oz/t. This places the project’s combined gold endowment above 4Moz, providing a strong platform for future resource growth.

Near-Mine Extensions Offer Immediate Upside

Initial drilling is expected to focus on areas close to existing workings, targeting resource extensions and potential new discoveries. This strategy allows Bellavista to pursue relatively low-risk growth while building momentum early in the exploration program.

Underexplored Regional Potential

Large portions of the broader landholding remain lightly drilled, despite sitting within a highly mineralised gold belt. Modern aeromagnetic and LIDAR surveys completed in 2023 represent the first systematic application of contemporary exploration tools, highlighting early-stage but material discovery potential.

Well-Capitalised Exploration Strategy

Bellavista completed a two-stage capital raise totalling approximately A$35 million as part of the acquisition, exceeding its original funding target. Strong institutional support provides the balance sheet capacity to fund both near-mine drilling and later-stage regional exploration.

Strategic Positioning in a Prolific Gold Belt

The project is located within a gold belt that has produced or hosts more than 40Moz of gold, reinforcing its geological credentials. Relative to peers, the company offers leverage to exploration success and potential valuation uplift as drilling results and resource growth are delivered.

Trek Metals could be on the cusp of a world-class manganese discovery in WA's

Kimberley region. Extremely high-grade manganese has already been outlined

over 750 metres, and geophysics suggests it could be much, much bigger than

that.

The company is working through an exploration program that will culminate in

a drilling program in the next three months.

Produced by Resource Media

The Hole Truth: Mining Investment Podcast is a product of Read Corporate.

Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions.

The Hole Truth LinkedIn: https://www.linkedin.com/showcase/the-hole-truth-podcast The Hole Truth YouTube: https://youtube.com/playlist?list=PLI4sZkSfEpPi_u7OrD7lQ-tZHbdy6EhCC&si=iOcGscff7kMSw8c7 The Hole Truth Website: https://resourcesrisingstars.com.au/the-hole-truth-podcast/ The Hole Truth Instagram: https://www.instagram.com/theholetruthpodcast/ Company Website: https://trekmetals.com.au

Peninsula Energy has overcome its challenges at the Lance Uranium Project in the US and is now generating solid results, as shown by the share price. MD George Bauk has been in the job for a year and has delivered some excellent results, with more to come.

George Bauk is the Managing Director and Chief Executive Officer of Peninsula Energy. He is an experienced resources executive with a background in mine development, operations, and corporate leadership across the energy and mining sectors. Since taking the helm at Peninsula Energy, George has overseen a strategic and operational turnaround at the Lance Uranium Project, focusing on execution discipline, cost control, and alignment with improving uranium market fundamentals.

Produced by Resource Media

The Hole Truth: Mining Investment Podcast is a product of Read Corporate.

Please note that Read Corporate does not provide investment advice and investors should seek personalised advice before making any investment decisions.

The Hole Truth LinkedIn: https://www.linkedin.com/showcase/the-hole-truth-podcast The Hole Truth YouTube: https://youtube.com/playlist?list=PLI4sZkSfEpPi_u7OrD7lQ-tZHbdy6EhCC&si=iOcGscff7kMSw8c7 The Hole Truth Website: https://resourcesrisingstars.com.au/the-hole-truth-podcast/ The Hole Truth Instagram: https://www.instagram.com/theholetruthpodcast/ Company Website: https://www.pel.net.au/

Operational Reset at Lance Delivers Results Peninsula Energy has worked through technical and operational challenges at the Lance Uranium Project, enabling more consistent performance. The reset has restored confidence in the asset’s ability to contribute meaningfully as market conditions improve.

Leadership Stability Driving Execution George Bauk’s first year as Managing Director has focused on execution discipline and accountability. This leadership stability has been critical in rebuilding market confidence and delivering measurable progress.

Uranium Market Tailwinds Strengthen the Investment Case Rising uranium prices and renewed long-term contracting activity are improving project economics across the sector. Peninsula Energy is leveraged to these tailwinds as utilities seek secure supply from established jurisdictions.

US-Based Production Offers Strategic Advantage The Lance project’s location in the United States provides geopolitical and supply-chain advantages. This positioning is increasingly relevant as Western utilities prioritise domestic and allied sources of uranium.

Share Price Reflects Improving Fundamentals Recent share price performance signals growing investor recognition of Peninsula Energy’s turnaround. As operational delivery continues and uranium demand strengthens, further re-rating potential remains.