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An announcement from Bulletin Resources Limited ( (AU:BNR) ) is now available.
Bulletin Resources has commenced an aircore drilling program at its Chifley Project, located at the southern end of its Pinjin Lake Rebecca project about 140km east-southeast of Kalgoorlie. The campaign will test up to 30 prepared sites for approximately 1,500 metres of drilling, targeting a 1km by 1km surface gold geochemical anomaly that coincides with a discrete magnetic feature interpreted over mafic and ultramafic greenstones along the Claypan Fault in an area with no prior drilling; assay results are expected within four to six weeks of program completion, potentially providing important new data on the gold prospectivity of this underexplored zone.
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 is an Australian-listed mineral exploration company focused on gold exploration projects, including its Pinjin Lake Rebecca project in Western Australia, where it targets structurally hosted gold mineralisation within greenstone belts near Kalgoorlie.
Average Trading Volume: 350,066
Technical Sentiment Signal: Hold
Current Market Cap: A$16.44M
For a thorough assessment of BNR stock, go to TipRanks’ Stock Analysis page.