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An announcement from Bulletin Resources Limited ( (AU:BNR) ) is now available.
Bulletin Resources has issued a corrective statement to its recent announcement on aircore drilling at the Chifley Gold Project, adding a previously omitted Competent Person statement to comply with reporting requirements. The updated release details a small drilling program over a 1km-by-1km soil gold anomaly along the Claypan Fault, clarifying technical results and maintaining disclosure standards.
The company completed 11 aircore holes for 797 metres, encountering thick transported cover that limited basement testing in most holes. Although only weak gold enrichment was detected in lateritic lake sediments, Bulletin plans further drilling with more suitable rigs to penetrate the cover and directly test for concealed basement mineralisation, potentially using the lake-sequence gold anomaly as a vector for future targeting.
More about Bulletin Resources Limited
Bulletin Resources Limited is an Australian-listed mineral exploration company focused on gold projects, including the Chifley Gold Project in Western Australia. The company targets structurally favourable geological settings and soil anomalies to identify and develop concealed gold mineralisation prospects within key regional fault zones.
YTD Price Performance: -18.87%
Average Trading Volume: 365,459
Technical Sentiment Signal: Sell
Current Market Cap: A$12.63M
See more data about BNR stock on TipRanks’ Stock Analysis page.