https://www.engineeringnews.co.za
Gold|PROJECT|Projects|Proximity|Resources
Gold|PROJECT|Projects|Proximity|Resources
gold|project|projects|proximity|resources

Bulletin buys Lake Rebecca

23rd July 2019

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

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.

Edited by Creamer Media Reporter

Comments

Showroom

Weir Minerals Africa and Middle East
Weir Minerals Africa and Middle East

Weir Minerals Europe, Middle East and Africa is a global supplier of excellent minerals solutions, including pumps, valves, hydrocyclones,...

VISIT SHOWROOM 
Aqs image
AQS Liquid Transfer

AxFlow AQS Liquid Transfer (Pty) Ltd is an Importer and Distributor of Pumps in Southern Africa

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.05 0.109s - 158pq - 2rq
Subscribe Now