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BUS — Bubalus Resources News Story

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Australia's Bubalus Resources jumps on option to buy gold projects

** Shares of Bubalus Resources  BUS.AX  rise as much as
18.2% to A$0.130, their highest since Nov. 5
    ** Stock hits posts its biggest intraday gain since Nov. 5
    ** Diversified explorer says it was granted option to
acquire gold projects in Victoria
    ** Says work to date indicates significant potential for
gold mineralisation at projects
    ** About 265,000 shares change hands, compared with the
30-day average volume of around 35,000
    ** Stock trims YTD losses to 21.2%, including session's move



 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))

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