Bulletin Resources Limited (AU:BNR) has released an update.
Bulletin Resources Limited is set to appeal the Western Australian Department of Energy, Mines, Industry Regulation and Safety’s (DEMIRS) refusal to grant a Native Vegetation Clearing Permit, which is essential for progressing drilling at its Ravensthorpe Lithium Project. Despite the regulatory setback, the company, with $12.1M in cash and receivables, remains committed to environmental best practices and believes the impact of its proposed drilling to be minimal. The project is strategically located near the nearing depletion Mt Cattlin Lithium Mine, offering potential future feedstock opportunities.
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