The Lake Rebecca Gold Project
Bulletin recently entered into a Sale and Purchase Agreement with its major shareholder Matsa Resources Limited to acquire 80% of the Lake Rebecca gold project, 150km ENE of Kalgoorlie WA.
The Lake Rebecca gold project comprises a 172km2 area in the southern park of the Laverton Tectonic Zone, a regional scale shear/fault system that is one of the more productive gold trends in the WA Goldfields, hosting the Sunrise Dam, Wallaby, Red October, Fortitude and Granny Smith gold camps. The project abuts and is along strike of Apollo Consolidated Limited’s (“Apollo”; ASX: AOP) Rebecca project which hosts recent drill results including 9m at 8.06g/t Au, 19m at 3.66g/t Au and 45m at 1.53 g/t Au (refer ASX: AOP announcement dated 18 June 2019).
Figure 1: Location Plan of BNR’s Lake Rebecca Project, 150km ENE of Kalgoorlie
Forward Work Plan
Bulletin intends to explore the potential of tenements by advancing all prospective areas. A program of RC drilling is planned to test potential adjacent to AOP’s Rebecca project and other targets. Exploration will be initially advanced with geophysical review, mapping and soil sampling prior to determining drilling sites if warranted.
Figure 2: Historical first pass RAB and RC drill results over magnetic background