Bulletin buys Lake Rebecca
PERTH (miningweekly.com) – ASX-listed Bulletin Resources has reached an agreement with Matsa Resources to acquire an 80% stake in the Lake Rebecca gold project, in Western Australia.
Bulletin will make a cash payment of A$125 000 to Matsa, and has agreed to a 1% net smelter royalty on all minerals produced at the project area.
The Lake Rebecca gold project comprises a 172 km2 tenement package in the southern part of the Laverton Tectonic zone, which also hosts the Sunrise Dam, Wallaby, Lancefield and Granny Smith gold projects.
Bulletin director Rob Martin on Tuesday said that the company had reviewed a number of projects of late, and believed that the Lake Rebecca project offered an "excellent" opportunity to host gold mineralisation and its proximity to Apollo Consolidated’s Rebecca gold project reinforced this belief.
“Bulletin can immediately and independently without distraction, commence a concerted effort to discover economic gold deposits within this relatively underexplored area,” Martin said.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation