Bubalus Resources Limited has the option to acquire highly promising gold projects in Victoria

Bubalus Resources Limited (ASX: BUS) significantly impacted the gold mining sector with its proposed acquisition of 100% ownership of an exceptional portfolio of granted exploration licenses in Victorian goldfields. This portfolio features the Crosbie license, a mere 18 km from Agnico Eagle's renowned Fosterville Gold Mine and just 20 km from Mandalay Resource's high-performing Costerfield Gold Mine. The Murrindindi license is also strategically sited 20 km from the promising Southern Cross Gold's Sunday Creek Project. Initial investigations indicate substantial potential for gold mineralization in these highly favorable geological settings, buoyed by an impressive collection of high-grade gold rock chips from both licenses. Recent geophysical surveys at Crosbie have also uncovered significant exploration targets, enhancing the attractiveness of this portfolio. Notably, the Fosterville and Costerfield Mines are celebrated as Australia's premier high-grade gold mines, which are currently in operation.

Moreover, Bubalus has obtained the option to acquire approximately 1,000 km of strategically positioned Victorian exploration licenses near these valuable gold mines and the Sunday Creek project. With this strategic acquisition, Bubalus is poised to unlock considerable value in one of Australia's most exceptional gold regions, presenting a compelling opportunity for growth and success.

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