This report summarises work completed during 1988 in the Boulder Lake Licence. It includes a detailed evaluation of the Parsons Creek sulphide lense, infill extensions to the soil grid and follow-up prospecting of the SS/PC:Au-Ag anomalies to the sought of Parsons Creek in Portia and Suspicion Creeks. Early work identified the soil anomaly at Boulder Lake to be a southerly extension of a similar anomaly in the adjacent Rocky River Licence. For completeness soil lines were extended into the southern portion of the licence. Follow-up exploration in Parsons, Suspicion and Portia Creeks did not locate any significant mineralisation within these drainages. There appears little potential for significant mineralisation to be defined within the licence.