Announcement Date: 2021-12-13
Announcement Type: Exploration Update
Announcement Code: JORC
Company name: Bulletin Resources Ltd.
Project name: Ravensthorpe
Location: Australia
Commodities: Lithium
Highlight: Rock chip samples include 6.54% Li2O
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Bulletin Resources Limited (“Bulletin”, “BNR”) is pleased to provide rock-chip assay results from recent work on its Ravensthorpe Lithium project. The 57km2 tenement is located 12km southwest and along strike of Orocobre Limited’s (formerly Galaxy Resources Limited) Mt Cattlin Lithium Mine. High-grade lithium assays of rock chips from a series of pegmatite outcrops over a 2.5km extent confirm the lithium potential of the Ravensthorpe Lithium project. Results from 37 rock chip samples have been returned from the laboratory and include (Figure 1) Mapping and sampling along creek beds and at previously known pegmatite sites has defined a 2.5km series of lithium bearing pegmatite outcrops that range in size from 10’s to 100’s of metres. At this stage it is uncertain if topography has limited outcrop size or if the outcrops join into larger pegmatites at depth. Vegetation is well developed in the area, and it is very likely that additional lithium bearing pegmatites, within and along the 2.5km zone will be found with further on-ground mapping and sampling. A summary of sampled pegmatites is provided below.
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