Bullabulling Gold Holding(s) in Company
24 4월 2013 - 8:55PM
UK Regulatory
TIDMBGL
Bullabulling Gold Limited
24 April 2013 AIM Code: BGL, ASX Code: BAB
Holding(s) in Company
The Company has today received notification from Resolute Mining Limited that
following its participation in the Entitlements Offer, it holds 20,250,000
Ordinary Shares in the Company, representing 5.93% of the Company's issued
share capital.
For information, contact:
Brett Lambert Westhouse Securities Limited
Bullabulling Gold Limited (UK Broker & Nominated Adviser)
Level 2, 55 Carrington Street Martin Davison/Jonathan Haines
Nedlands, WA, 6009, Australia Tel: +44 20 7601 6100
Tel: +61 8 9386 4086
Neil Boom John Gardner / Rupert Dearden
Gresham PR Ltd (UK media) MAGNUS Investor Relations. Corporate
Communication. (Australian Media)
Tel: +44 7866 805 108 Tel: +61 8 6160 4900
jgardner@magnus.net.au
rdearden@magnus.net.au
About Bullabulling Gold Limited
Bullabulling Gold Limited is listed on the Australian Securities Exchange (ASX:
BAB) and London's AIM Market (AIM:BGL) and has approximately 341.75 million
shares on issue. The Company's primary asset is the wholly owned Bullabulling
Gold Project, located near Coolgardie in Western Australia.
The Bullabulling Gold Project hosts JORC compliant Mineral Resources of 3.5
million ounces comprising Indicated Resources of 71.7 million tonnes at 0.96 g/
t gold (2.2 million ounces) and Inferred Resources of 32.8 million tonnes at
1.06 g/t gold (1.1 million ounces) at Bullabulling and Inferred Resources of
4.8 million tonnes at 1.15 g/t gold (0.2 million ounces) at Gibraltar.
Exploration has demonstrated strong potential for further expansion of the
resource base.
The Bullabulling deposit is amenable to bulk tonnage open pit mining and
conventional CIL processing has delivered high gold recoveries. The deposit is
situated on granted Mining Leases in close proximity to infrastructure.
The Company has recently completed a pre-feasibility study into the development
of a large scale, low cost mining operation at Bullabulling and is now moving
into definitive feasibility study. First production is targeted for Q4 2015.
END
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