InvestSMART

Bulletin Resources Limited (ASX:BNR)

ALERT: Price-sensitive ASX Announcement for BNR
Current share price for BNR : $0.036 -0.006 (-14.29%)+
Announcement
Release
30 Apr 2026 4:53PM
Price at Release
$0.042
Full Release
download
Summary
Bulletin Resources Limited conducted an aircore drilling program at the Chifley Gold Project, targeting a 1 square kilometer soil gold anomaly along the Claypan Fault. The program involved 11 vertical drill holes totaling 797 meters, with nine holes abandoned in transported cover due to drilling difficulties, and two reaching Archean basement granite. Gold assay results from 266 composite samples returned values below 0.1 g/t, with only a few samples showing slightly elevated gold levels, indicating weak enrichment in lateritic material. Further drilling is planned to probe for concealed mineralization within the basement by using a rig capable of penetrating thick transported overlays.
Key Points
  • 11 vertical aircore drillholes for 797 meters completed
  • Nine drill holes abandoned in thick transported cover
  • Two drill holes intersected Archean basement granite
  • Gold assay results mostly below 0.1 g/t
  • Further drilling planned with upgraded rig
  • Weak gold enrichment observed in saprolite clays
  • Target area defined by 1 km^2 soil gold anomaly
  • Location along Claypan Fault with magnetic anomaly
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.