Bubalus Resources Uncovers Multi-Kilometre Gold and Tungsten Anomalies at Tin Creek
Bubalus Resources has identified significant geochemical anomalies for gold and multiple pathfinder elements at its Tin Creek Prospect in Victoria, pointing to a potentially substantial hydrothermal and intrusion-related mineralising system. Follow-up exploration including airborne geophysics and detailed mapping is planned.
- 441-sample soil survey reveals strong gold, arsenic, bismuth, antimony, tin, tungsten anomalies
- Peak assays include 32 ppb gold, 2,609 ppm arsenic, 255 ppm tungsten, 40 ppm tin
- Geochemical footprint spans several kilometres with overlapping mineralisation signatures
- Next steps involve MobileMT airborne survey, infill sampling, and structural mapping
- Project located near Southern Cross Gold’s Sunday Creek and includes historic tungsten-tin drill intercept
Significant Multi-Element Anomalies Emerge at Tin Creek
Bubalus Resources (ASX:BUS) has unveiled a broad suite of geochemical anomalies from its latest soil sampling campaign at the Tin Creek Prospect within the Murrindindi Project, Victoria. The 441-sample program delineated compelling anomalies for gold, arsenic, bismuth, antimony, tin, and tungsten, with peak values hitting 32 parts per billion (ppb) for gold and an eye-catching 2,609 parts per million (ppm) for arsenic.
The spatial overlap of gold with arsenic, bismuth, and antimony suggests a hydrothermal mineralising system of potential significance. Concurrently, elevated tungsten, tin, and bismuth levels hint at an intrusion-related mineralisation style, expanding the prospect’s exploration appeal beyond gold alone.
Geochemical Footprint Extends Over Several Kilometres
The anomalies cover multiple coherent trends stretching across several kilometres, mapped on a 400 m by 100 m grid. These trends form a dual signature: one hydrothermal gold system and another linked to intrusive activity, both ripe for follow-up.
This latest work builds on historical data, including a 1980s diamond drillhole that intersected tungsten and tin mineralisation; then considered sub-economic but now potentially reappraised given the new geochemical context.
Strategic Next Steps to Refine Drill Targets
Bubalus plans to escalate exploration with an airborne MobileMT geophysical survey designed to illuminate subsurface structures controlling mineralisation. Detailed geological and structural mapping will complement this, alongside infill and extension soil sampling to sharpen target definition.
Additionally, the Higginbotham Prospect, part of the broader Murrindindi tenure and known for rock chips grading up to 131 g/t gold, is slated for renewed sampling campaigns. These efforts align with Bubalus’s broader Victorian gold focus, following recent drilling successes at nearby projects and cost rationalisation moves to prioritise high-potential assets.
Murrindindi Project in a Proven Gold District
The Murrindindi licence sits roughly 20 km east of Southern Cross Gold Consolidated’s Sunday Creek Project, a known gold camp in the Victorian goldfields. Bubalus’s portfolio also includes lithium, manganese, and rare earth projects, but the Victorian Gold Projects remain a central pillar of its exploration strategy.
While the soil sampling results are encouraging, they remain early-stage. No drilling results have been reported yet at Tin Creek, leaving economic viability untested. However, the multi-element anomalies and their scale provide a strong foundation for the upcoming exploration phases.
Bottom Line?
Bubalus Resources’ multi-element anomalies at Tin Creek set the stage for a focused exploration push, but the leap from geochemistry to economic mineralisation remains to be demonstrated.
Questions in the middle?
- Will the planned MobileMT survey reveal structural controls that confirm drill targets at Tin Creek?
- Can follow-up drilling validate the economic potential of the tungsten and tin mineralisation intersected historically?
- How will the company balance exploration efforts across its diversified portfolio amid tightening capital discipline?
