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An announcement from Bubalus Resources Ltd. ( (AU:BUS) ) is now available.
Bubalus Resources Ltd. has announced the commencement of a maiden drilling program at its Crosbie North gold-antimony project, located near the Fosterville Gold Mine. The drilling will target high-priority geophysical and geochemical anomalies identified by a recent Induced Polarisation survey, which revealed chargeability features analogous to Fosterville’s high-grade zones. This initiative is expected to enhance Bubalus’s positioning in the mining sector by potentially uncovering significant mineral deposits, with initial assay results anticipated in November 2025.
More about Bubalus Resources Ltd.
Bubalus Resources Ltd. operates in the mining industry, focusing on the exploration and development of mineral resources, particularly gold and antimony. The company is strategically positioned near the world-class Fosterville Gold Mine, which enhances its market focus on high-grade mineral deposits.
Average Trading Volume: 309,551
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$8.32M
Learn more about BUS stock on TipRanks’ Stock Analysis page.