Bulletin Resources Limited · ASX:BNR
Bulletin Resources — RIU Sydney Resources Round-up May 2021
13 slides from Bulletin Resources's conference presentation, May 6, 2021
Slide 1: Bulletin Investor Presentation RIU Sydney May 2021
For personal use only Bulletin Investor Presentation RIU Sydney May 2021 Mark Csar Chief Geologist Bulletin Resources Limited Suite 11, 139 Newcastle St, Perth WA 6000 | phone (08) 9230 3585 | www.bulletinresources.com
Slide 2: Disclosures & Important Information
Disclosures & Important Information For personal use only This presentation has been prepared by Bulletin Resources Limited (ABN 81 144 590 858; BNR, Bulletin or the Company). It contains general information about the Company's activities current as at the date of the presentation. The information i
Slide 3: BNR Corporate Snapshot
BNR Corporate Snapshot 1. Growing Project Portfolio For personal use only BNR Shareholding Lake Rebecca Gold Project Chifley Gold Project Ravensthorpe Lithium Project Matsa Pipeline of Tenement Applications 21% Other 2. Capital Structure Shareholders 50% Board Ordinary Shares 179.29 million 29% Unli
Slide 4: Background
Lake Rebecca Gold Project For personal use only Background Large 575 km2 land package 150km east of Kalgoorlie, Western Australia Laverton Kurnalpi Terrane hosts major mines > 10Moz Leonora Granny Smith Wallaby Southern part of belt is relatively unexplored Sunrise Dam Two 1M+ oz gold deposits found
Slide 5: Rebecca Gold Trend
Lake Rebecca Gold Project For personal use only Rebecca Gold Trend Rebecca gold trends extend into BNR ground Wide gold anomalism > 10m with localised higher grade zones Wide spaced RC results very encouraging Jan 2021 - Sold 1.35km2 strip of JV ground to Apollo Consolidated Limited (ASX: AOP) 5 BNR
Slide 6: Sale of 1.35km2 area to AOP for $5.6M
Lake Rebecca Gold Project For personal use only Sale of 1.35km2 area to AOP for $5.6M (BNR 80%: MAT 20%) • The sale is a win-win for all parties as it provides BNR/MAT with significant capital to continue exploration or potential acquisitions, exposure to AOP’s Rebecca project and allows Apollo the
Slide 7: Drilling Continues
Lake Rebecca Gold Project For personal use only Drilling Continues Rebecca Gold Trend New drilling shows Rebecca gold trend continues Wide gold anomalism > 10m with localised higher-grade zones Evidence of multiple gold zones Similar intercepts to our drilling further south New Gold Trends Targeting
Slide 8: Bulletin is targeting another Rebecca deposit
Lake Rebecca Gold Project For personal use only Bulletin is targeting another Rebecca deposit Drilling newly defined targets using Rebecca deposit as a model Initial first pass lake aircore drill results are comparable to early regolith exploration results at the Rebecca deposit 0.1g/t Au anomaly le
Slide 9: Extensive area with many untested targets
Lake Rebecca Gold Project For personal use only Extensive area with many untested targets More than 40 targets identified Previous slide Progressively testing targets Gold deposit examples are on our doorstep Features of local gold mineralisation: • large tonnage, low - moderate gold grade with high
Slide 10: Growing Project Portfolio: Chifley Gold Project
Growing Project Portfolio For personal use only Chiffley Gold Project Lake Rebecca Gold Project Recently granted, low holding costs Perth Kalgoorlie 20km from 1.4 Million oz Au Lake Roe project Rebecca Limited exploration - no historical drilling 1.1M oz Au On Claypan fault splay Similar geophysical
Slide 11: Growing Project Portfolio: Ravensthorpe Lithium Project
Growing Project Portfolio For personal use only Ravensthorpe Lithium Project Very recently granted 12km west of Mt Cattlin lithium mine (21F’cast: 1.5 - 1.75Mt at 1.0 - 1.2%Li2O) Same geology host rocks Outcropping Li pegmatites Ravensthorpe Minor work to date Lithium Project Au potential Spodumene
Slide 12: Geko Gold Mine Royalty
Geko Gold Mine Geko Gold Mine Royalty For personal use only Bulletin’s royalty entitlement is: 10% of the first 25,000 oz Au produced; 4% of the next 60,039 oz Au produced; and 2% of all production over and above 85,039 oz Au The above royalty is reduced by a capped amount of $3.25M at a rate of 3.3
Slide 13: Dynamic Expanding Company
Dynamic Expanding Company For personal use only Growing Project Portfolio Lake Rebecca Gold Project Chifley Gold Project Ravensthorpe Lithium Project Pipeline of Tenement Applications Strong Financial Base Cash and receivables (31 Mar 2021) $6.7 million Options (2.7 - 4.3c) ~$1 million Active and Su
Bulletin Resources — RIU Sydney Resources Round-up May 2021 on 6ix