Bubalus Resources Limited Acquires Lithium Project

Bubalus Resources Limited (ASX: BUS) announced its recent accomplishment, the acquisition of tenements with significant lithium potential in Western Australia's Gascoyne Region, known as the Yinnietharra Project. Situated merely 2 kilometers east of Delta Lithium's Malinda Prospect, this project has not witnessed any prior lithium exploration efforts, offering a promising opportunity for discovery. Remarkably, the Yinnietharra Project is strategically positioned just 2 to 3 kilometers from the Thirty-Three Supersuite source granite, making it an ideal locale within the "goldilocks" zone.

This acquisition perfectly complements Bubalus' existing portfolio of projects and presents a unique advantage for conducting field activities during the Northern Territory wet season. To kickstart exploration, a surface sampling program is slated to commence in late September, aimed at delineating high-potential drill targets. Bubalus Resources Limited executed a binding asset sale agreement with Hardy Metals Pty Ltd (Vendor) for the acquisition, which includes the tenements E09/2724 and E09/2725, along with associated mining data, solidifying the company's commitment to expanding its lithium ventures in this promising region.

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