BSR – Bison Resources Limited
The Company intends to explore and develop its four projects in Nevada, USA.
The properties consist of 312 unpatented mining claims (Claims), comprising:
(a) Ruby Lake Project, consisting of 128 unpatented lode mining claims covering a total of approximately 10.7 km²;
(b) Cherry Springs Project, consisting of 82 unpatented lode mining claims covering a total of approximately 6.9 km²;
(c) Bald Peaks Project, consisting of 40 unpatented lode mining claims covering a total of approximately 3.3 km²; and
(d) Medicine Range Project, consisting of 62 unpatented lode mining claims covering a total of approximately 5.2 km²,
(together, the Projects).
The Company will be the maiden explorer at the Projects, representing an attractive exploration opportunity in a pristine search space for precious metals within a highly favourable mining jurisdiction. The proximity of the Projects provides the opportunity to execute exploration across them in unison and benefit from potential economies of scale.
The Projects are situated between existing precious metals deposits Maverick Springs and Medicine Springs, which sit approximately 20 km apart, highlighting the potential opportunity for discovery of gold-silver and base metal deposits at the Projects. Investors are cautioned that the Claims being in close proximity to other occurrences of mineralisation is no guarantee that the Claims will be prospective for an economic deposit.
The Company’s proposed exploration programme consists of surface geochemical sampling and mapping, geophysical surveys and exploration drilling. There are no current royalties in relation to any of the Projects.
It is anticipated that BSR will list on the ASX during April 2026.
