tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Bulletin Resources Primes Lake Rebecca Gold Targets as Cash Reserves Support Growth Push

Story Highlights
  • Bulletin Resources is advancing drilling at its Lake Rebecca gold targets, with Chifley ready to drill in early 2026 and geophysical work planned at Goat Dam.
  • The company strengthened its position by selling non-core tenements, hiring a senior geologist, and ending the quarter with cash exceeding its market value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bulletin Resources Primes Lake Rebecca Gold Targets as Cash Reserves Support Growth Push

Claim 50% Off TipRanks Premium

An update from Bulletin Resources Limited ( (AU:BNR) ) is now available.

Bulletin Resources has completed preparations for a drilling campaign at its Chifley gold target within the Lake Rebecca Gold Project, including refurbishment of access tracks, with drilling scheduled to begin in the first quarter of 2026. The company has also planned an induced polarisation survey at its Goat Dam target to better define sulphide zones associated with gold mineralisation ahead of further drilling, engaged an experienced consulting geologist to advance its portfolio and help secure a significant new project, and sold three non-core Lake Rebecca tenements to Ramelius Resources for $500,000. With cash and investments of $20.57 million at quarter-end against an $18.2 million market capitalisation, Bulletin enters 2026 in a strong funding position to pursue exploration and potential acquisitions, which may enhance its growth prospects and strategic profile in the competitive Western Australian gold sector.

The most recent analyst rating on (AU:BNR) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Bulletin Resources Limited stock, see the AU:BNR Stock Forecast page.

More about Bulletin Resources Limited

Bulletin Resources Limited (ASX: BNR) is an Australian gold exploration company focused on the Lake Rebecca Gold Project in the southern Laverton Tectonic Zone, about 150km east-north-east of Kalgoorlie in Western Australia. Its 775km² package of gold-prospective tenements is strategically located near major operations including Northern Star Resources’ Carosue Dam and Ramelius Resources’ Rebecca and Roe gold projects, positioning Bulletin within a well-endowed gold district.

Average Trading Volume: 369,678

Technical Sentiment Signal: Buy

Current Market Cap: A$17.03M

See more data about BNR stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1