WEBSITE UPDATED [June 2016]
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The Snowmist Joint Venture is a unique opportunity and further expands our resource portfolio. The JORC compliant gold resource at Mt. Garnet has created the impetus required to transform the company from purely exploration to mining. A pathway to gold production is now clear.
Bush Nichols / Managing Director
Updates
Interesting develoments at Bushman Resources and around the world in Gold and precious metals, mining, investment and general news.

Bushman Resources – Snowmist Pty Ltd Joint Venture

Date: October 2017

Bushman Resources Pty Ltd signs option agreement for Joint Venture farm-in with Snowmist Pty Ltd to earn up to 80% of their Mt. Garnet Project.

The Mt. Garnet project encompasses 4 active Mining Leases and currently hosts a JORC indicated resource of ~ 70,000 Ounces of Gold.

Very limited modern exploration techniques have been applied to this ground.






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Ironhurst Geophysical Survey

Date: October 2017

A ground Induced Polarisation survey at Ironhurst was recently conducted and successfully closed off a large anomaly (interpreted as metals) associated with the known breccia mass.

Moore geophysics has now integrated this data into the 3D model.

Defined drill targets have been visited in the field and corrected based on geological interpretation.

The planned drilling will be focused on these targets with the aim of proving Ironhurst as a premier Queensland gold project.


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Moore Geophysics confirms exploration potential at our 100% owned Queensland tenements

Date: 23.03.2016

Interpretation expert Chris Moore at Moore Geophysics has finalised his 2D regional geophysical interpretation which has resulted in the identification of 7 primary and 8 secondary geophysical targets on our Queensland exploration tenements.

Chris Moore was instrumental in the discovery of:

  • Riqo Diq, Pakistan - combined metal value worth equivalent to USD$127.09 Billion*.
  • Riqo Diq, Pakistan - combined metal value worth equivalent to USD$127.09 Billion*.
  • Prominent Hill, Australia - combined metal value worth equivalent to USD$14.59 Billion*.
*Calculated at 10th May 2016 metal prices

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3D Magnetic Vector Inversion (MVI) & Gravity geophysical modelling at T1- Huonfels and T2 – Ironhurst complete

Date: 11.05.2016

3D MVI modelling at T1 & T2 highlights immense magnetite destruction zones from hydrothermal alteration at both projects. This coincides well at both projects with 3D gravity inversion models that showcase large dense bodies at depth.

The T2-Ironhurst Project is now drill ready and Bushman Resources Pty Ltd is seeking investment to drill test this exciting development.

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