Bullabulling Gold Limited
17 May 2013 AIM Code: BGL, ASX Code: BAB
Holding(s) in Company
The Company has today received notification from Baker Steel
Capital Managers LLP that it holds 35,846,324 ordinary shares in
the Company, representing 10.50% of the Company's voting rights, as
enlarged by the recent rights issue.
A copy of the notification released by Baker Steel can be found
on the Company's website: www.bullabullinggold.com
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 341.7 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 3.7 million ounces comprising Indicated Resources of
72.7 million tonnes at 0.97 g/ t gold (2.3 million ounces) and
Inferred Resources of 35.7 million tonnes at 1.11 g/t gold (1.2
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. All resources are situated
on granted Mining Leases in close proximity to infrastructure.
The Company is conducting a definitive feasibility study into
the development of a large scale, low cost mining operation at
Bullabulling, with first production targeted for Q4 2015.
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