Victorian Goldfields Asset Shows Bendigo-Style Potential
The Wilson's Hill Gold Project, located west of Bendigo in Victoria's prolific goldfields, sits within Exploration Licence EL007359 currently under option from Syndicate Minerals Pty Ltd.
Historical review conducted by Bubalus has highlighted compelling evidence of high-grade gold mineralisation with significant potential for deeper repeating structures, similar to those found at Bendigo – one of Australia's most productive gold provinces.
The project shares geological similarities with Falcon Metals' Blue Moon Project, including:
- Comparable Ordovician sedimentary sequences with intense folding and faulting
- Evidence of saddle reef style gold deposits and fault reef mineralisation
- Potential for large-scale, high-grade gold discoveries at depth
Historical Mining and Exploration Confirms Gold Potential
Historical shallow workings at Wilson's Hill produced gold in the mid to late 1800s across approximately 1 km of strike length. Most workings reached around 50 meters depth, with the deepest shafts extending to approximately 170 meters.
Western Mining Corporation (WMC) conducted extensive exploration in the 1980s, including detailed mapping, percussion drilling (3,301 m), and diamond drilling (4,307 m). This work confirmed two significant target types:
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A shallow bulk-tonnage zone at approximately 50 m depth along Wilsons Reef, intersected over 350 m strike length, featuring:
- Multiple quartz vein sets in parallel and tension vein arrays
- Widths of 3-6 m, with maximum width of 15 m
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A deeper horizon (approximately 250 m) showing saddle reef-style structure in the hinge of the Greys Anticline, with a standout intersection of 8 meters @ 23.83 g/t gold with visible gold and sulphides.
Understanding Saddle Reef Gold Deposits
Saddle reef gold deposits represent a specialised type of orogenic gold system found in tightly folded sedimentary rock sequences. These deposits form where gold-bearing fluids migrate along anticlinal fold hinges, creating quartz-rich structures that resemble a horse saddle in cross-section.
The significance for investors is that these deposits typically form in repeating patterns at depth, potentially hosting multiple high-grade gold zones. The Bendigo Goldfield, which produced over 22 million ounces historically, is the classic example of this deposit style.
Bubalus Resources Wilson's Hill Gold Project shows the hallmark characteristics of this deposit type, with WMC's drilling confirming the repeatability of mineralised structures at depth. This geological model suggests significant exploration potential below the shallow historical workings.
"The Wilson's Hill Gold Project demonstrates classic Victorian goldfield characteristics with confirmed high-grade mineralisation at depth. The historical drilling results, particularly the 8 meters at 23.83 g/t gold intersection, validate our geological model and highlight the significant potential that remains to be unlocked," notes Brendan Borg, Director at Bubalus Resources.
Next Steps: Advancing the Wilson's Hill Project
Bubalus has initiated several activities to advance the Wilson's Hill Project:
- Compilation and validation of all historical data
- Stakeholder engagement to assess land access potential for exploration
- Planning of new geochemical sampling, modern geophysics (IP) and a drilling program
The project area encompasses both private (freehold) land and Crown Land, including a Conservation Reserve containing historical mining infrastructure. Bubalus notes that low-impact exploration can be undertaken on the Crown Land portion of the project.
Investment Thesis: Victoria's Golden Opportunity
The Bubalus Resources Wilson's Hill Gold Project represents a compelling investment opportunity for several reasons:
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Proven geological setting: Located in one of Australia's most productive gold provinces with strong structural similarities to the Bendigo Goldfield.
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Historical high-grade production: Shallow historical workings produced bonanza gold grades at Trunkey Creek, suggesting significant potential.
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Confirmed deep potential: WMC's drilling demonstrated high-grade mineralisation at depth (8 m @ 23.83 g/t gold), validating the geological model.
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Underexplored asset: Despite promising results, WMC shifted focus to its Bendigo program, leaving Wilson's Hill underexplored with modern techniques.
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Strategic positioning: The project shares geological characteristics with nearby discoveries, including high-grade gold at Music Well.
Why Investors Should Follow Bubalus Resources
Bubalus Resources presents an attractive opportunity in the gold exploration sector with a diverse portfolio of projects across Australia. The company's Victorian Gold Projects, including Wilson's Hill, are situated in the heart of one of Australia's most productive gold regions.
Beyond gold, Bubalus maintains exposure to critical minerals through its Yinnietharra Lithium Project, Amadeus Manganese Project, and rare earth potential in its portfolio.
For gold investors specifically, the Bubalus Resources Wilson's Hill Gold Project represents a classic Victorian goldfields opportunity with confirmed high-grade mineralisation and a geological setting analogous to fields that have produced millions of ounces. The project's historical drilling results, including 8 meters @ 23.83 g/t gold, demonstrate the significant potential that remains to be unlocked.
With exploration activities advancing and a clear pathway to further evaluate the project's potential, Bubalus offers investors exposure to a promising Victorian gold play with significant upside.
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