Ramelius Partially Acquires Bulletin's Lake Rebecca Gold Project
Key points
- Ramelius buys 3 out of 15 Lake Rebecca tenements from Bulletin for $500,000
- Sale allows Bulletin to focus on Northern and Western portions of its landholding
- Bulletin remains well-funded with $18.85M in cash and investments
Full summary
Bulletin Resources Limited (ASX: BNR) has entered into a Tenement Sale and Purchase Agreement with Ramelius Resources Limited (ASX: RMS), whereby Ramelius has acquired three of Bulletin's Lake Rebecca Gold Project tenements for a cash consideration of $500,000. The three tenements sold (E28/2878, E28/2709 and E28/2977) sit alongside Ramelius' Rebecca Gold project and are considered non-core to Bulletin's overall Lake Rebecca Gold Project. The sale allows Bulletin to focus on the Northern and Western portions of its landholding, which includes the 509km2 gold prospective ground acquired in March 2025. Bulletin will also be reimbursed for statutory rents, rates and taxes in respect of these tenements. Bulletin remains well-funded with cash and investments totalling $18.85M as at 30 September 2025. The Lake Rebecca Gold Project now comprises 773km2 of gold prospective exploration tenements in the southern Laverton Tectonic Zone, 150km east north-east of Kalgoorlie, Western Australia. The project is situated near the Northern Star Resources Ltd (ASX:NST) 4.0 Moz Au Carosue Dam Operations and Ramelius' 1.4 Moz Au Rebecca gold project and 1.8 Moz Au Roe gold projects.
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