Bulletin Resources Limited
BNR.ASXMaterials
Gold exploration.
Market Data
$0.044
-0.0%$12.9M
2.1x
$0.021
0.00%
-0.2%
Latest Earnings
31 March 2026 Quarterly Report
30 April 2026
Bulletin Resources completed 11 aircore drill holes (797m) at the Chifley gold target in Q1 2026, with two holes intersecting basement granite and weak gold enrichment (up to 71 ppb Au) detected in transported cover, supporting the validity of the soil anomaly but requiring further drilling to test concealed basement mineralisation. The company maintains a strong cash position of $20.35M in cash and investments despite quarterly cash burn of $214k, providing substantial runway relative to its $12.33M market capitalisation. Key points: Weak but consistent gold enrichment detected (up to 71 ppb Au over 3m in saprolite), validating the 1km² soil anomaly at Chifley and supporting vectoring towards basement mineralisation; Strong liquidity position of $20.35M in cash and investments with 36.6 quarters of funding available at current burn rate, providing substantial operational flexibility; Strategic location of Lake Rebecca project adjacent to major producing mines (Northern Star's 4.0 Moz Carosue Dam and Ramelius' 1.4 Moz Rebecca/1.8 Moz Roe deposits) in prospective Laverton Tectonic Zone
Recent Announcements
31 March 2026 Quarterly Report
Bulletin Resources completed 11 aircore drill holes (797m) at the Chifley gold target in Q1 2026, with two holes intersecting basement granite and weak gold enrichment (up to 71 ppb Au) detected in transported cover, supporting the validity of the soil anomaly but requiring further drilling to test concealed basement mineralisation. The company maintains a strong cash position of $20.35M in cash and investments despite quarterly cash burn of $214k, providing substantial runway relative to its $12.33M market capitalisation. Key points: Weak but consistent gold enrichment detected (up to 71 ppb Au over 3m in saprolite), validating the 1km² soil anomaly at Chifley and supporting vectoring towards basement mineralisation; Strong liquidity position of $20.35M in cash and investments with 36.6 quarters of funding available at current burn rate, providing substantial operational flexibility; Strategic location of Lake Rebecca project adjacent to major producing mines (Northern Star's 4.0 Moz Carosue Dam and Ramelius' 1.4 Moz Rebecca/1.8 Moz Roe deposits) in prospective Laverton Tectonic Zone
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