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Lake Rebecca – Exploration Project – Joint Venture with Bulletin Resources Limited (Matsa 20%)
The Lake Rebecca gold project comprises a 172km2 area in the southern part of the Laverton Tectonic Zone, a regional scale shear/fault system that is one of the more productive gold trends in the WA Goldfields, hosting the Sunrise Dam, Wallaby, Lancefield and Granny Smith gold camps. The project abuts and is along strike of Apollo Consolidated Limited’s (ASX:AOP) Rebecca project which hosts recent drill results including 9m at 8.06g/t Au, 19m at 3.66g/t Au and 45m at 1.53g/t Au (refer ASX:AOP announcement dated 18 June 2019).
Previous work has identified known gold mineralisation areas with drill ready targets providing immediate exploration interest.
Other identified, largely unexplored structural features remain to be tested within the Laverton Tectonic Zone.
Figure 1: Location Plan of BNR’s Lake Rebecca Project, 150km ENE of Kalgoorlie
Bulletin Resources Limited (ASX:BNR) intends to explore the potential of tenements by advancing all prospective areas. A program of RC drilling is planned to test the potential adjacent to Apollo’s Rebecca project and other targets will be initially advanced with geophysical review, mapping and soil sampling prior to determining drilling sites if warranted.
Figure 2: Historical first pass RAB and RC drill results over magnetic background
Figure 3: Cross section through AOP’s Rebecca project (LHS of section) (refer ASX: AOP 15 March 2019) and historic drilling
(Note historic drilling is projected from 50m north onto section 6641510N. Historic and AOP RC drilling included on section)
Figure 4: Target areas within Lake Rebecca Project