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The latest announcement is out from Bubalus Resources Ltd. ( (AU:BUS) ).
Bubalus Resources Limited has commenced its initial drilling program at the Crosbie North gold-antimony prospect, located near the Fosterville Gold Mine. The program aims to explore high-priority geophysical and geochemical targets identified by an Induced Polarisation survey, which revealed chargeability anomalies similar to those found in Fosterville’s high-grade zones. The drilling will focus on areas with significant rock chip results, indicating potential mineralization. The results of this exploration could enhance Bubalus’ position in the mining sector by potentially uncovering valuable mineral deposits.
More about Bubalus Resources Ltd.
Bubalus Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company primarily targets gold and antimony, with a strategic emphasis on projects located near established mining operations.
Average Trading Volume: 361,096
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$8.32M
Find detailed analytics on BUS stock on TipRanks’ Stock Analysis page.