A historic Western Australia goldfield could soon return to production, with Great Boulder Resources’ acquisition of the Peak Hill gold project opening the door to a new wave of drilling and resource growth, and a clearer pathway to production.  

Located about 50km north of Meekatharra in WA’s Murchison region, Peak Hill combines known gold resources, historic workings and strong potential to grow through further drilling.  

Backed by Westgold Resources, Great Boulder is now better positioned to advance Peak Hill by tapping into existing infrastructure across the Murchison.  

The deal also extends beyond Peak Hill, with Great Boulder and Westgold signing a strategic collaboration agreement to assess development opportunities at the nearby Side Well project.  

“The acquisition of the Peak Hill gold project is hugely transformational for Great Boulder,” Great Boulder Resources managing director Andrew Paterson said.   

“Not only does it add a significant gold endowment to our existing Side Well gold project, but with the ore purchase agreement and support of leading gold producer Westgold Resources it places us on a pathway to capital-light production.”  

With deals in place, Great Boulder is now gearing up for an “aggressive” drilling campaign across Peak Hill and Side Well while progressing pre-production work.  

“Following completion of the acquisition and completion of the placement, we will be well funded with $25 million cash at bank,” Paterson said.   

“The next 6–12 months will be milestone-rich as we execute aggressive drilling campaigns, with up to six rigs planned across Peak Hill and Side Well for 60,000m of drilling and progress pre-production activities.”  

The momentum is being reinforced by the backing of Westgold Resources, a key player in the region.  

“Great Boulder is a logical choice as a future production partner for the Peak Hill gold project,” Westgold Resources managing director Wayne Bramwell said.  

“Westgold looks forward to assisting Great Boulder with a capital-light opportunity that leverages our extensive Murchison processing infrastructure.” 

As drilling accelerates and partnerships deepen, Great Boulder is aiming to turn past potential into near-term production.  

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