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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 5:41PM
Price at Release
$0.042
Full Release
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Summary
Bulletin Resources Limited's quarterly report for March 31, 2026, covers exploration activities at the Lake Rebecca Gold Project and the Chifley Gold Project, where a soil gold anomaly was tested through aircore drilling. The report highlights weakly enriched gold values in the lake sequence, indicating potential for concealed mineralisation. The Ravensthorpe Lithium Project is also evaluated for future opportunities. Financially, Bulletin maintains a robust funding position with $20.35 million in cash and investments, while exploration and corporate expenditures totalled $263,000. Payments to directors and related parties were $65,000, with additional expenses for administrative services from Matsa Resources.
Key Points
  • Bulletin Resources Limited (ASX: BNR) provides an activities report for the quarter ending 31 March 2026.
  • The Lake Rebecca Gold Project covers 861km2 in the Laverton Tectonic Zone and is near significant gold operations.
  • Aircore drilling was conducted at the Chifley Gold Project, with a soil gold anomaly tested.
  • Two out of eleven drill holes intersected basement granite; nine were abandoned.
  • Weakly enriched gold values (up to 71 ppb) were found in the lake sequence.
  • The Ravensthorpe Lithium Project hosts high-grade spodumene and is being evaluated for future directions.
  • Bulletin's cash and investments stood at $20.35 million at the end of the quarter.
  • Exploration expenditure during the quarter was $79,000, with corporate expenses totaling $184,000.
  • Payments to directors and associates amounted to $65,000, with additional fees to Matsa Resources for services.
  • Bulletin holds investments valued at $12.51 million in Matsa Resources Limited and Auris Minerals Limited.
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.