Bulletin Resources (ASX:BNR) said that a review of newly acquired tenements totaling 509 square kilometers at the Lake Rebecca gold project highlighted multiple highly prospective gold targets, according to a Thursday Australian bourse filing.
The primary exploration target is large, low to moderate-grade gold deposits. It is planning a program of geophysical target generation to complement the identified prospective gold areas generated from previous work.
Its shares rose 7% on market close.