Bubalus Clears Heritage Hurdle, Eyes Drilling at Yinnietharra Lithium Target
Bubalus Resources has secured heritage clearance for a key 40-hectare area at its Yinnietharra Lithium Project, paving the way for exploration drilling at the promising Malinda East target adjacent to a major lithium deposit.
- Heritage survey completed over 40 hectares enabling drilling and access track construction
- Malinda East target lies 2 km east of Delta Lithium’s significant Malinda deposit
- Soil sampling identified anomalous lithium and caesium at surface in pegmatite zones
- Bubalus evaluating optimal approach to advance maiden drilling program
- Broader portfolio includes lithium, manganese, and rare earth projects across Northern Territory and Western Australia
Heritage Clearance Unlocks Exploration Potential
Bubalus Resources Limited (ASX: BUS) has announced the completion of a heritage clearance survey over a 40-hectare area at its Yinnietharra Lithium Project in Western Australia. This critical regulatory milestone clears the way for the company to commence exploration drilling and construct access tracks, marking a significant step forward in advancing its lithium exploration ambitions.
The cleared area includes the Malinda East target, situated approximately 2 kilometres east of the Malinda deposit owned by Delta Lithium Limited (ASX: DLI). Delta’s Malinda deposit boasts a substantial mineral resource estimate of 21.1 million tonnes at 1% lithium oxide and 39.4 million tonnes at 102 parts per million tantalum pentoxide, underscoring the prospectivity of the region.
Promising Soil Sampling Results Define Target
Malinda East was delineated through systematic soil sampling that identified clear anomalous concentrations of lithium and caesium at surface within spodumene-bearing pegmatites. These geochemical signatures provide a compelling drill-ready target for Bubalus, which is currently assessing the optimal strategy to progress the maiden drilling program.
The heritage clearance was conducted in partnership with the Burringurah Wajarri Custodians and Three Sisters Heritage Surveys, reflecting Bubalus’ commitment to respectful and responsible exploration practices. The company expressed gratitude to all parties involved for their efforts in achieving this outcome.
Strategic Positioning in a Growing Lithium Province
Beyond Yinnietharra, Bubalus maintains a diversified portfolio of exploration projects across Northern Territory and Western Australia. These include the Amadeus Project targeting manganese, the Coomarie and Pargee Projects prospective for heavy rare earth elements, and the Nolans East Project focused on light rare earths. This broad base positions Bubalus to capitalize on multiple critical minerals markets as demand continues to evolve.
With heritage clearance secured, Bubalus is poised to unlock the potential of Malinda East, a prospect that benefits from proximity to an established lithium resource and encouraging surface geochemistry. The coming months will be pivotal as drilling plans are finalised and executed, potentially adding significant value to the Yinnietharra Project and the company’s overall portfolio.
Bottom Line?
Bubalus’ heritage clearance sets the stage for a crucial drilling campaign that could reshape its lithium prospects and investor outlook.
Questions in the middle?
- When will Bubalus commence drilling at Malinda East, and what scale is planned?
- How might drilling results at Malinda East compare to the adjacent Delta Lithium resource?
- What are the potential timelines and hurdles for further regulatory approvals or community engagement?