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An update from Bubalus Resources Ltd. ( (AU:BUS) ) is now available.
Bubalus Resources Ltd. announced significant progress in its exploration activities for the December 2024 quarter. The company has been granted an option to acquire exploration licenses near prominent gold mines in Victoria, enhancing its gold exploration portfolio. Additionally, they have completed permitting for exploration at the Crosbie Gold Prospect and reached agreements for drilling activities. A heritage agreement for the Yinnietharra Lithium Project and an environmental license for the Nolan’s East Rare Earth Project were also secured, indicating a strategic expansion in diverse mineral resources.
More about Bubalus Resources Ltd.
Bubalus Resources Ltd. operates in the mining industry, focusing on gold and rare earth projects. The company is engaged in exploration activities, with a notable presence in the Victorian goldfields near high-grade gold mines like Fosterville and Costerfield, as well as involvement in lithium and rare earth projects.
YTD Price Performance: 26.92%
Average Trading Volume: 129,193
Technical Sentiment Consensus Rating: Strong Sell
For detailed information about BUS stock, go to TipRanks’ Stock Analysis page.