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The latest update is out from Bubalus Resources Ltd. ( (AU:BUS) ).
Bubalus Resources Limited has completed its maiden diamond drilling program at the Crosbie North project, submitting 144 samples for assay with results expected in December 2025. Additionally, 47 core samples from Crosbie South have been submitted for further analysis after initial drilling indicated promising gold intersections. The company has secured a drill rig for the Avon Plains Gold Project, with drilling set to begin in December. Encouraged by exploration results, Bubalus has extended its option agreement with Syndicate Minerals, allowing continued exploration and development of its Victorian gold projects, which may enhance its standing in the gold mining industry.
More about Bubalus Resources Ltd.
Bubalus Resources Limited is a company focused on exploration activities within the gold mining industry, specifically targeting gold projects in the Victorian goldfields. The company is engaged in the exploration of optioned gold projects, aiming to identify significant gold systems and enhance its market positioning in the gold mining sector.
Average Trading Volume: 450,216
Technical Sentiment Signal: Sell
Current Market Cap: A$7.17M
For a thorough assessment of BUS stock, go to TipRanks’ Stock Analysis page.