1,200 Metres Drilled as Bubalus Targets Hidden Gold at Avon Plains
Bubalus Resources has initiated a 1,200-metre drilling campaign at its Avon Plains Gold Project in Central Victoria, targeting high-grade gold beneath shallow sediments. Results are anticipated by early February 2026, potentially unlocking new discoveries in an underexplored region.
- Maiden 1,200m Reverse Circulation drilling underway at Avon Plains
- Focus on delineating gold-bearing reef orientation, extent, and grade
- Project area covered by shallow Murray Basin sediments, identified as key target
- Historical small-scale workings but underexplored with no recent production
- Assay results expected early February 2026
Exploration Begins at Avon Plains
Bubalus Resources Limited (ASX – BUS) has commenced its maiden drilling program at the Avon Plains Gold Project, located approximately 30 kilometres west of St. Arnaud in Central Victoria. This initial phase involves a minimum of 1,200 metres of Reverse Circulation (RC) drilling, designed to investigate the orientation, extent, and grade of gold-bearing reefs beneath the shallow cover of Murray Basin sediments.
Unlocking Hidden Potential
The Avon Plains licence area is largely concealed beneath these sediments, which have historically hindered exploration efforts. Despite the presence of small-scale historic workings dating back to the late 1800s and early 1900s, the region remains underexplored, with no significant modern production recorded. The Victorian Government's “Gold Undercover” study series has highlighted this area as a key target for undiscovered gold mineralisation, suggesting substantial upside potential beneath the cover.
Strategic Location in a Proven Gold Province
Situated within the Stawell Zone, a prolific gold-producing region, Avon Plains benefits from proximity to operating mines such as Stawell and Kingston. The project’s geological setting, characterized by Cambrian sedimentary and volcanic rocks beneath the Murray Basin cover, aligns with known mesozonal orogenic gold systems, which are often associated with high-grade deposits.
Broader Portfolio and Future Prospects
This drilling program marks a significant step for Bubalus Resources as it seeks to expand its footprint in Victoria’s goldfields. The company also holds a diverse portfolio of prospective projects across Victoria and Northern Australia, including lithium, manganese, and rare earths targets. The results from Avon Plains will be closely watched as an indicator of the company’s exploration success and potential for resource growth.
Looking Ahead
Assay results from the drilling are expected by early February 2026, which will provide critical insights into the project's viability and guide subsequent exploration activities. Investors and analysts will be keen to see whether Bubalus can uncover significant high-grade gold mineralisation beneath this historically overlooked area.
Bottom Line?
The upcoming assay results could redefine Avon Plains’ potential and shape Bubalus Resources’ growth trajectory.
Questions in the middle?
- Will the drilling confirm high-grade gold mineralisation beneath the Murray Basin cover?
- How might positive results impact Bubalus Resources’ valuation and exploration strategy?
- What are the next steps if significant gold zones are identified in this maiden program?
