bullabulling resource upgrade

BULLABULLING RESOURCE UPGRADE


? Northern Bullabulling resource updated following drilling in the infrastructure corridor
? Both resource tonnage and grade have increased
? Infrastructure relocation study to proceed
? Potential to increase gold production and extend proposed mine life
Bullabulling Gold Limited is pleased to report that the Mineral Resource estimate for the
Bullabulling Gold Project has been updated, resulting in an increase in both tonnage and grade.
Work completed to date on the definitive feasibility study (DFS) has confirmed potential for a large
scale gold mining operation at Bullabulling with an initial mine life of 12 years based on
development of four open pits. The northern most pits, Bonecrusher and Dicksons, are constrained
by two exclusion zones accommodating overhead power transmission lines, a below-ground
telecommunications cable, Great Eastern Highway and the Goldfields Water Supply pipeline. Less
than half of the resource north of the highway is captured within the current pit designs. The next
phase of the DFS will evaluate potential to relocate some or all of the public infrastructure in order