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Bubalus Resources Limited (ASX:BUS)

ALERT: Price-sensitive ASX Announcement for BUS
Current share price for BUS : $0.073 -0.003 (-3.95%)+
Announcement
Release
15 Jun 2026 8:23AM
Price at Release
$0.076
Full Release
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Summary
Bubalus Resources Limited announced significant geochemical anomalies at its Tin Creek Prospect within the Murrindindi Project located in the Victorian goldfields, Australia. A recent soil sampling program comprising 441 samples identified notable anomalies for elements such as gold, arsenic, bismuth, antimony, tin, and tungsten. The results revealed strong spatial associations suggesting the presence of a potentially significant hydrothermal mineralizing system and further potential for intrusion-related mineralization. The company plans detailed geological mapping and follow-up sampling focused on high priority zones. Bubalus Resources is considering additional exploration activities including airborne geophysical surveys and geological mapping to refine drilling targets.
Key Points
  • Significant geochemical anomalies identified in soil sampling program.
  • 441 soil samples collected at Tin Creek, identifying anomalies for gold, arsenic, bismuth, antimony, tin, and tungsten.
  • Anomalous geochemical footprint suggests a potentially significant hydrothermal mineralizing system.
  • Potential for intrusion-related mineralization indicated by elevated tin, tungsten, and bismuth values.
  • Plans for detailed geological mapping and follow-up sampling in high priority zones.
  • Additional activities considered include airborne geophysical surveys and geological/structural mapping.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.