Bubalus Resources' Nolans East REE Project Update

Bubalus Resources Limited (ASX: $BUS) has received the Heritage Authority Certificate (HAC) for exploration works at Nolans East, allowing the commencement of a maiden drill program. The project, located 15km from Nolans Bore (ASX.ARU), will test 8 priority targets from the 22 REE targets delineated at Nolans East by Bubalus' extensive sampling programme. Drilling is anticipated to occur in mid-June.

Executive Commentary on Nolans East Maiden Drill Program

We are excited to get on the ground & drill these compelling rare earth targets located next door to Australia's next tier one rare earths development in Arafura. We would like to thank the AAPA and Central Land Council (CLC) as representatives for the traditional owners, in their collaborative approach working towards this milestone.

Summary of Nolans East Maiden Drill Program

Bubalus Resources (ASX: $BUS) has been approved to commence a maiden drill program at its Nolans East REE Project, following the receipt of the Heritage Authority Certificate. The project, located near Arafura's Nolans Bore, will test 8 priority targets from the 22 delineated by Bubalus' extensive sampling programme. The company looks forward to updating shareholders with progress towards its maiden drilling programme at Nolans East. The drilling will test extensive surface REE anomalies defined over 5km in length, with peak assay > 2,000ppm TREO. The company's ambitions and goals include further exploration and development of the Nolans East Project, aiming to contribute to the rare earths sector.