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17.0¢ bubalus resources limited

Hm so closer DLI than ZEU/RR1 but no drilling approvals as yet...

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mhkforevermci

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18/09/23

14:23

Post #: 69901442
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Originally posted by wenty: ↑

see page 5/6 of announcement. $75k cash payment and issue of about 2.7mil shares.

In the ann they mention how DLI’s pegmatites dip to the south, are open to the east…so trend in the direction of the BUS acquisition. Potentially a good sign. BUS only 2kms from DLI.

They mentioned the Thirty Three Supersuite granite potentially being the source of the lithium mineralisation. The project is also only 2-3kms from contact. Another potential good sign.

DLI’s pegs outcropped at surface, and returned peak rock chip samples of 3.44% Li20. They ended up hitting lithium from surface in some of those pegs.

Am looking forward to the sampling program commencing in the next few weeks. If they find pegs outcropping, and better, if lithium mineralisation is observed, then given nearology to DLI, and the very small MC of BUS, there could be bags to be had here.

Hopefully the lithium gods are smiling on Bubalus

IMO

GLTAH

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Hm so closer DLI than ZEU/RR1 but no drilling approvals as yet etc? Thanks

BUS Price at posting: 25.5¢ Sentiment: Hold Disclosure: Held
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